FCA Insight: Future Market Dynamics Part 3 – data sharing, trust and a world of choice

Industry News | 16/10/20

Access to data is increasingly important in ensuring that financial markets work effectively for consumers. It helps firms supply the services customers need and want, it allows more tailored and innovative services to be developed, and it helps consumers seek out the best firms, and firms seek out the most appropriate consumers.

Here, we focus on the potential positive externalities of data sharing and how we might unlock the wider value of data, while also being mindful of the challenges highlighted in the previous Insight article.