WASHINGTON and NEW YORK and LONDON, Aug. 25, 2015 /PRNewswire/ -- Industry leaders J.P. Morgan Chase & Co., Goldman Sachs, and Morgan Stanley plan to create a company that will organize their data and determine their pricing strategies. In order to provide insights into such changes in the financial services market, MarketResearch.com offers users access to its Financial Services Knowledge Center, a premier source of market information for top industry decision makers.
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Since the financial crisis, banks have experienced significant scrutiny, and they have struggled to increase revenues. With this new venture, major banks expect to pool vast amounts of data to cut costs and achieve economies of scale.
Using a new system called the Securities Product Reference Data, each company will use financial instruments to consolidate data that was previously managed by each individual bank.
MarketResearch.com's Financial Services Knowledge Center provides an entire catalog of industry insights on the U.S. financial services industry, including banking, credit and debit cards, e-financial services, and spending trends. This quality information can help businesses better understand how to react in lieu of this business decision.
The Financial Knowledge Center provides:
- Access to the best financial services industry insights on an easy-to-use platform
- An extensive library of research reports and industry data for one fixed cost
- Ability to reduce research time and stress with the Knowledge Center platform
To request a demo of MarketResearch.com's Financial Services Knowledge Center, visit: http://hubs.ly/H015FxG0
About MarketResearch.com
MarketResearch.com is the leading provider of global market intelligence products and services. With research reports from more than 720 top consulting and advisory firms, MarketResearch.com offers instant online access to the world's most extensive database of expert insights on global industries, companies, products, and trends. Moreover, MarketResearch.com's Research Specialists have in-depth knowledge of the publishers and the various types of reports in their respective industries and are ready to provide research assistance.
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