ISLA: Positivity unwavered by securities challenges
22 June 2016 Vienna
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The majority of ISLA conference delegates expect the overall securities revenue pool to decrease over the next three years, but remain generally positive about the future.
Industry sentiment in the well-attended industry leaders panel at ISLA 25th Annual Securities Finance and Collateral Management conference in Vienna showed that despite this, delegates expect to grow their business during that time.
A poll of attendees, mostly representing principal lenders, borrowers and agent lenders, showed that 43 percent believed the revenue pool would drop. However 53 percent predicted growth in their business, in relation to revenue and staff in the next three years.
Delegates heard that changes to fee splits and pricing may become an improved revenue source for some agent lenders, but panellists warned that citing regulatory costs and other market forces as a reason to revisit these topics with beneficial owners might be unhelpful for the industry as a whole.
Industry sentiment in the well-attended industry leaders panel at ISLA 25th Annual Securities Finance and Collateral Management conference in Vienna showed that despite this, delegates expect to grow their business during that time.
A poll of attendees, mostly representing principal lenders, borrowers and agent lenders, showed that 43 percent believed the revenue pool would drop. However 53 percent predicted growth in their business, in relation to revenue and staff in the next three years.
Delegates heard that changes to fee splits and pricing may become an improved revenue source for some agent lenders, but panellists warned that citing regulatory costs and other market forces as a reason to revisit these topics with beneficial owners might be unhelpful for the industry as a whole.
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