In the ever-evolving financial services landscape for 2024, the focus on valuation services is increasingly tied to the integration of generative AI and hybrid cloud technologies.
Generative AI is becoming particularly transformative in valuation services, as it enhances accuracy and efficiency in asset management, risk assessment and investment strategy formulation. These AI models are able to process and analyze vast amounts of financial data and assist in precise valuations and predictive analytics, offering a critical edge in financial decision-making and strategic planning.
Furthermore, the adoption of hybrid cloud technology in valuation services is facilitating a more flexible and secure data management environment. This technological infrastructure is supporting the extensive computational demands of AI applications, allowing for the seamless integration of various data sources and analytics tools. The hybrid cloud setup also ensures valuation services can operate with enhanced agility and compliance, crucial for handling sensitive financial information and adhering to evolving regulatory frameworks.
Driven by these trends, the financial valuation services market is estimated to reach $20.4 billion by 2030, growing at a CAGR of 5.64 percent.
This edition of Financial Services Review examines the latest developments in the valuation services market.
It features a thought leadership article by Sébastien Poirier, Director of Third-Party Management at UNI Financial. Poirier emphasizes the significant risks of third-party relationships and provides practical tips to improve management, including securing leadership buy-in, conducting relationship audits, building a dedicated team and seeking external expertise to refine the program.
It also features an article by Rebecca Pang, VP of Treasury Solutions RBC. Rebecca explores the interconnected processes of equity underwriting, acquisition decision-making and collateralized loan underwriting. Pang highlights the shared principles, including due diligence, risk assessment and forward-looking perspectives—guiding financial professionals to navigate the distinct yet complementary domains to thrive in the dynamic world of finance.
In this edition of Financial Services Review, we also bring you the story of interVal. It offers a platform that democratizes access to business valuations, empowering financial advisors and their clients. By integrating automated valuation and business health metrics into existing workflows, interVal enables proactive guidance, driving business growth and value enhancement. Through its customer-centric approach, the company aims to revolutionize the client-advisor relationship.
In this edition featuring the Top Valuation Services Providers in Canada 2024, we hope you find the right partner to meet your organization’s needs.
