Financial Services

These services are provided by the finance industry which may include banks, credit card companies, insurance companies, stock brokerages, consumer finance companies etc. These financial services strive to improve customer acquisition, service and retention by means of market analysis, and customer relationship management. The processes evolved like anti-money laundering by financial services protect the customers as well as financial institutions from fraud and shuffle. The different types of financial service include:


Banks: Banks are one of the types of financial services which help to raise the businesses in forms of bonds and stock. Banks provide ATMs facility, issue debit or credit card and provide notary services. Some banks are known as private banks which offer broader range of services than commercial banks.


Investment Services: Another type of financial service which help an organization or an individual to invest in stocks, shares and funds. These services offer financial products for investors to buy. They also give professional advice to the investors. Different investment services include asset management, hedge fund management, and custody service.


Insurance Broker: These are hired to find the suitable insurance plans. These may be a company or an individual. There is other kind of insurance service that is reinsurance in which insurance is sold to insurer himself to protect them from harm.


Except these all there are some other types of financial services which include private equity, Conglomerates, Venture Capital etc.

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