archive-com.com » COM » E » EY.COM

Total: 2294

Choose link from "Titles, links and description words view":

Or switch to "Titles and links view".
  • Wealth and asset management assurance services - EY - Global
    Tax Accounting Tax Performance Advisory Tax Policy and Controversy Transaction Tax VAT GST and Other Sales Taxes Transfer Pricing and Operating Model Effectiveness Strategic Growth Markets How we help Entrepreneurship EY SGM Initial public offering Venture capital Family business services Transactions About Transaction Advisory Services Corporate Development Divestiture Advisory Services Lead Advisory Operational Transaction Services Restructuring Strategy Services Transaction Support Transaction Tax Valuation Business Modelling Specialty Services Climate Change and Sustainability Services CertifyPoint China Overseas Investment Network Family Business Services French Business Network Global Business Network Japan Business Services Careers Students The EY difference Your role here Your development Life at EY Joining EY Global Delivery Network Experienced Advisory Assurance Tax Transactions Industries The EY difference Your development Life at EY Joining EY Global Delivery Network Alumni Home Industries Financial Services Wealth Asset Management Wealth and asset management assurance services Overview About our Wealth Asset Management services Advisory Assurance Tax Transactions Library Contacts Share Wealth and asset management assurance services Our global audit methodology focuses on how your business works and on understanding the risks related to financial statements and internal controls over financial reporting We provide a flexible audit framework with a systematic approach to planning an efficient and effective audit On this foundation we collaborate with clients to co develop expectations reduce risk and provide an audit tailored to their needs Our audit services draw upon An in depth understanding of the industry supported by a professional team dedicated full time to the wealth and asset management sector Leading practice insights resulting in recommendations for improvement of internal controls and operational efficiency A global audit methodology consistently applied Attention to risk Our longstanding experience in the industry provides us with uncommon insights into the spectrum of potential risks and the necessary internal controls Valuation has increasingly become one

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/Asset_Management_Assurance-Services (2016-02-10)
    Open archived version from archive

  • Wealth and asset management tax services - EY - Global
    Risk Transformation Strategy Supply Chain and Operations Technology Assurance About Assurance Services Accounting Compliance and Reporting Climate Change and Sustainability Services Financial Accounting Advisory Services Financial Statement Audit Fraud Investigation Dispute Services Tax About Our Global Tax Services Country Tax Advisory Cross Border Tax Advisory Global Trade Global Compliance and Reporting Human Capital Private Client Services Law Tax Accounting Tax Performance Advisory Tax Policy and Controversy Transaction Tax VAT GST and Other Sales Taxes Transfer Pricing and Operating Model Effectiveness Strategic Growth Markets How we help Entrepreneurship EY SGM Initial public offering Venture capital Family business services Transactions About Transaction Advisory Services Corporate Development Divestiture Advisory Services Lead Advisory Operational Transaction Services Restructuring Strategy Services Transaction Support Transaction Tax Valuation Business Modelling Specialty Services Climate Change and Sustainability Services CertifyPoint China Overseas Investment Network Family Business Services French Business Network Global Business Network Japan Business Services Careers Students The EY difference Your role here Your development Life at EY Joining EY Global Delivery Network Experienced Advisory Assurance Tax Transactions Industries The EY difference Your development Life at EY Joining EY Global Delivery Network Alumni Home Industries Financial Services Wealth Asset Management Wealth and asset management tax services Overview About our Wealth Asset Management services Advisory Assurance Tax Transactions Library Contacts Share Wealth and asset management tax services Our global wealth and asset management services bring together the broad industry and tax knowledge of thousands of professionals With offices worldwide we are a leading service provider to alternative and traditional regulated funds both onshore and offshore Our clients benefit not only from our experience with numerous wealth and asset managers and funds but also from the dynamic blend of cross border tax services we provide to sellers buyers and financial intermediaries We assist funds in addressing the complexity and challenges inherent

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/Asset_Management_Tax-Services (2016-02-10)
    Open archived version from archive

  • Wealth and asset management transactions advisory services - EY - Global
    Global Compliance and Reporting Human Capital Private Client Services Law Tax Accounting Tax Performance Advisory Tax Policy and Controversy Transaction Tax VAT GST and Other Sales Taxes Transfer Pricing and Operating Model Effectiveness Strategic Growth Markets How we help Entrepreneurship EY SGM Initial public offering Venture capital Family business services Transactions About Transaction Advisory Services Corporate Development Divestiture Advisory Services Lead Advisory Operational Transaction Services Restructuring Strategy Services Transaction Support Transaction Tax Valuation Business Modelling Specialty Services Climate Change and Sustainability Services CertifyPoint China Overseas Investment Network Family Business Services French Business Network Global Business Network Japan Business Services Careers Students The EY difference Your role here Your development Life at EY Joining EY Global Delivery Network Experienced Advisory Assurance Tax Transactions Industries The EY difference Your development Life at EY Joining EY Global Delivery Network Alumni Home Industries Financial Services Wealth Asset Management Wealth and asset management transactions advisory services Overview About our Wealth Asset Management services Advisory Assurance Tax Transactions Library Contacts Share Wealth and asset management transactions advisory services A transaction is one of the most complex and risky business propositions an organization can undertake We serve as trusted advisors to our clients helping them make better and more informed decisions about how they strategically manage capital and transactions We have client relationships with many of the world s highest quality wealth and asset management firms Our advice is global and focuses on the capital agenda which helps us provide a full range of integrated services that are aligned to the objectives of our wealth and asset management clients Whether you re preserving optimizing raising or investing capital our transactions team brings together a robust combination of skills insight relationships and experience to deliver tailored advice We operate across three sub service lines globally Transaction support focused

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/Asset_Management_Transaction-Advisory-Services (2016-02-10)
    Open archived version from archive

  • Overview - EY - Global
    control and operational efficiency More importantly growth has returned to the industry Lines are blurring both in the regulated and alternative spaces as managers look to diversify revenue streams and find new opportunities Firms must fully understand how the distribution game has changed both globally and locally and how to most effectively increase revenue and improve margins We can help you succeed in today s market in these key areas Regulatory change compliance and reporting As a result of the global financial crisis enhanced compliance standards have taken hold across the industry for all participants particularly for alternative managers Regulators are more focused on risk and reporting than ever before Wealth and asset management firms must respond to the new regulatory environment with more disclosure and proactive reporting They are evaluating their current compliance infrastructure including people processes and technology and thoroughly reviewing compliance policies and procedures The review process is by no means a one off event Given that many new regulations entail a lengthy and complex rule making and implementation process and then likely further amendments to those rules the only certainty about regulatory reform is continued uncertainty Related content European mutual funds An introduction to UCITS for US asset managers Start preparing now for MiFID II Global FATCA reporting for wealth and asset management MiFID II what next for wealth and asset managers Understanding the AIFMD Data architecture and security and efficiently leveraging big data Escalating compliance costs and greater infrastructure spending suggest that the largest wealth and asset management firms enjoy more scale advantage than ever before Gaining a competitive edge in pricing is essential given that the demands and cost of regulatory reporting are growing Many regulatory requirements focus on data across the enterprise and external service providers Procedures and systems that many firms had in place before the global financial crisis are likely insufficient to effectively handle the complexity of data analysis now required in the new regulatory environment Big data s potential is the ability to aggressively control costs while laying the foundation for growth Additionally cyber security and cyber crime prevention are ever more prominent challenges Related content Addressing rising expectations in cybersecurity The science of winning in financial services Managing complexity and change in a new landscape global survey on asset management investment operations Evolving customer demographics and needs As large populations across the globe transition into retirement the inevitable drawdown of assets is increasing demand for capital preservation strategies Increased global life expectancies and the growth in unfunded public sector pension liabilities are reinforcing the need for retirement income and greater personal savings Product propositions must change to offer customers greater certainty of outcomes based on a better understanding of their risk appetites Firms must also provide greater transparency about the availability and details of products they offer Managers are capturing client value by focusing on client segments with growth potential and improving the client experience through strong value proposition exceptional service and appropriate charging models Related content The 500

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/Asset_Management_Overview?id=CON-USDD-9J9ACR (2016-02-10)
    Open archived version from archive

  • EY Understanding the AIFMD - EY - Global
    Operations Technology Assurance About Assurance Services Accounting Compliance and Reporting Climate Change and Sustainability Services Financial Accounting Advisory Services Financial Statement Audit Fraud Investigation Dispute Services Tax About Our Global Tax Services Country Tax Advisory Cross Border Tax Advisory Global Trade Global Compliance and Reporting Human Capital Private Client Services Law Tax Accounting Tax Performance Advisory Tax Policy and Controversy Transaction Tax VAT GST and Other Sales Taxes Transfer Pricing and Operating Model Effectiveness Strategic Growth Markets How we help Entrepreneurship EY SGM Initial public offering Venture capital Family business services Transactions About Transaction Advisory Services Corporate Development Divestiture Advisory Services Lead Advisory Operational Transaction Services Restructuring Strategy Services Transaction Support Transaction Tax Valuation Business Modelling Specialty Services Climate Change and Sustainability Services CertifyPoint China Overseas Investment Network Family Business Services French Business Network Global Business Network Japan Business Services Careers Students The EY difference Your role here Your development Life at EY Joining EY Global Delivery Network Experienced Advisory Assurance Tax Transactions Industries The EY difference Your development Life at EY Joining EY Global Delivery Network Alumni Home Industries Financial Services Wealth Asset Management Understanding the AIFMD Understanding the AIFMD Inside Understanding the AIFMD Authorization Marketing Conduct of business Functions and service providers Transparency Specific provisions Share The Alternative Investment Fund Manager Directive AIFMD seeks to establish a harmonized regulatory framework for firms that manage and or market alternative investment funds AIFs in the EU The AIFMD presents both opportunities and challenges for asset management firms in the US and the EU The Directive requires firms to examine their operations very closely to ensure compliance There are six main areas of concern regarding the AIFMD Click the links below to explore each topic in depth Authorization Marketing Conduct of business Functions and service providers Transparency Specific provisions Connect with

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/EY-understanding-the-aifmd (2016-02-10)
    Open archived version from archive

  • EY - The science of winning in financial services - EY - United States
    Transaction Tax Valuation Business Modeling Fairness Opinions Working Capital Specialty Services China Business Network China Overseas Investment Network Climate Change and Sustainability Services French Business Network Global Business Network Japan Business Services Careers Students The EY difference Your role here Your development Life at EY Joining EY Experienced Advisory Assurance Tax Transactions Industries Support Services The EY difference Your development Life at EY Joining EY Alumni Home Industries Financial Services The science of winning in financial services The science of winning in financial services Competing on analytics unlock the power of data Two of the major strategic themes the industry is facing today are the continued regulatory driven change across their businesses and disruptive changes to technology that open up exciting opportunities but also present competitive threats These themes are having a profound impact on the industry s business models how companies interact with their customers and their ability to achieve previous levels of return on equity Hyong Kim FSO Global and Americas Data and Analytics Leader Errol Gardner EMEIA FSO Data and Analytics Leader Share Financial services companies recognize the tremendous potential value of the data they hold and are working hard to exploit that value Initiatives in better data management and analytics are beginning to take shape However realizing and creating value from data turning information into insight and practical action is challenging and most companies have much more work ahead Given this backdrop we were keen to commission research into how this was impacting the way financial services institutions are looking at their data and analytics capabilities and whether the industry is investing in these capabilities to win in the marketplace Key survey findings include Data is becoming the fourth pillar of the business for leading financial services firms in addition to people process and technology A holistic approach to data is crucial for success it s not just a technology problem Leading companies are increasingly investing in data for the upside potential rather than purely to mitigate downside risk Financial services firms are bullish about their capabilities on analytics but many admit to needing to do much more Chief data officers are increasingly common but are not a solution by themselves Five challenges for businesses The way ahead for financial services companies is becoming clearer as they work towards unlocking the value in their data However there will be some very specific obstacles to navigate as the journey continues Many companies are already conscious of at least some of these difficulties and are beginning to take steps to confront them In particular the sector is grappling with five broad challenges Regulation and data privacy concerns still dominate Firms need to develop a clearer vision of what they want to achieve with their data Legacy systems make it difficult to introduce new technology solutions Many firms are struggling with skill shortages in key areas Unstructured data represents a particular challenge for many firms How companies can switch from defense to offense Making the transition from data and

    Original URL path: http://www.ey.com/US/en/Industries/Financial-Services/EY-the-science-of-winning-in-financial-services (2016-02-10)
    Open archived version from archive

  • 7 changes to asset management operating models - EY - Global
    focusing on client experience and brand management Facing declining margins firms are focusing on distribution and brand management to spur growth Across all respondents improving distribution channels is the most commonly cited driver of change for operating models see chart US firms are investing significantly in marketing and brand awareness in Europe partly because they rebounded from the financial crisis more quickly than their European counterparts Meanwhile firms in all locations are assessing how to expand the direct to consumer model 2 Adopting a strategic approach to regulatory compliance The regulatory landscape is complex and poses substantial cost burdens Respondents report that complying with regulatory requirements is the top challenge for investment operations over the coming year see chart Firms are meeting the challenge by taking a holistic approach Medium to large asset managers in particular are implementing compliance programs that incorporate changes to organizational structure functional alignment processes systems and data Effective data management is particularly crucial This includes all of the related aspects of data management such as quality timely delivery analytics and reporting 3 Defining and implementing the next generation of global location strategies Global firms are increasingly looking to leverage their footprint by creating a global operating model in which the technical and data infrastructure supports more business processes across front middle and back office operations This model must balance trade offs such as proximity to senior management travel costs information security access to skilled resources and political and environmental factors Nearshore locations help firms save money and diversify site risk while maintaining operations in the same workday which is particularly important for trading support processes Offshore locations offer scale a 24 hour clock and greater availability of talent In our survey more than three quarters of respondents said their primary location strategy is maximizing the use of nearshore or offshore locations with the majority 55 opting for nearshore see chart 4 Expanding use of third party outsourcing throughout operating model The question is no longer whether to outsource Instead firms are considering which functions can be outsourced the optimal number of providers and how providers can be integrated effectively Respondents report that internally focused functions such as trade processing and reconciliation are most likely to be outsourced see chart However outsourcing has also penetrated the middle office and moved closer to functions that traditionally interact with the front office investment team such as performance measurement and attribution Even firms unlikely to outsource use third party providers for products such as ETFs and UCITS 5 Identifying cost savings in existing shared services organizations Shared services yield many benefits They streamline operations prior to outsourcing or relocation They increase the effectiveness of operations that are too mission critical to outsource And of course they reduce operating costs Centralizing and standardizing processes including reconciliation and certain technology functions are mature practices across the industry In total about seven of 10 firms surveyed maximize the use of shared services organizations for in house functions see chart The structure is

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/Global-survey-investment-operations (2016-02-10)
    Open archived version from archive

  • EY - Nine trends transforming asset management - EY - Global
    global wealth and asset management industry in the year ahead 1 The year of MiFID II and transparency The complex and changing compliance environment will continue to profoundly affect the industry Similar to the Dodd Frank Act in the US MiFID II will have a widespread effect on the regulatory framework for the European wealth and asset management industry MiFID II will affect most global firms particularly in how they distribute products reward their advisors and communicate with clients In the US a decision is imminent on whether client facing advisors will be bound by a highly stringent fiduciary duty of care in respect to retirement accounts in contrast to a standard of suitability 2 The drive to grow the top line will likely accelerate M A activity Traditional organic growth strategies are costly and can take time to bear fruit Yet shareholders tend to prefer seeing results sooner rather than later With valuation premiums of many firms particularly small and midsize ones now highly attractive strategic M A activity is likely to rise significantly Asset management firms now view M A as a way to quickly economically and efficiently grow their businesses 3 Spending on private wealth management growth will cool and refocus Since the financial crisis several firms have spent profusely to expand their private wealth management businesses In 2015 those heavy investments in headcount branding and marketing will peak Instead focus will shift toward organic growth and making the most of existing resources and current clients Marketing and client service will begin to implement a far more targeted personalized approach Advisors will carefully customize their messages for specific market segments affluent women mass market mass affluent and others 4 The day of reckoning in pensions is near The entire global pensions system suffers from a vast deficit gap Simply put far too few assets have been set aside to fund future promises many of which were made in legally binding government guaranteed contracts The day of reckoning will likely require more public sector debt to partially fund current deficits Significant restructuring of benefit systems is also possible At the least we expect much greater public debate about how little capital has been set aside 5 The robo advisor has arrived Electronic platforms have achieved notable AUM growth in the past few years Featuring online tools and virtual advice fueled by algorithms these low cost platforms offered by both established firms and technology start ups very effectively target lower to middle income market segments Sustained AUM growth seems likely but these automated advisory platforms face an existential challenge It is still unclear whether rock bottom pricing can eventually lead to positive and growing operating cash flow profitability and long term viability 6 ETFs have become the gorilla in the room Within two or three years net inflows to global exchange traded funds and exchange traded products will likely exceed combined net inflows into all alternative investment products According to ETFGI a London based research firm total AUM will

    Original URL path: http://www.ey.com/GL/en/Industries/Financial-Services/Asset-Management/ey-nine-key-drivers-of-change (2016-02-10)
    Open archived version from archive



  •