investment banking

Analysis of Technological and Regulatory Pressure on Global Capital Markets

Autonomous Research has quantified the rising regulatory and technological pressure in global capital markets. Since 2010, we have found a gradually decreasing revenue pool across (1) FICC, (2) Equities and (3) IBD. The CAGR across these divisions stands at -3.4% for the period between 2010-2016. However, The FICC division experienced a significant decline with a CAGR of -5.5%.  This is attributed to increased regulation and the associated deleveraging of the ecosystem combined with increasing technological forces.