About IDC Financial Insights

Insight into Financial Insights

IDC Financial Insights, based in Framingham, Mass., is a leading independent and global provider of continuing strategic advice, custom research and consulting services based on the significant business and technology matters of the financial services industry.  Financial Insights is part of International Data Corporation (IDC), a company that has studied trends in the IT game for more than 42 years as part of International Data Group (IDG), the world's largest IT media, research and events company, and operates throughout the world utilizing IDC's network of global facilities.  IDC, the market research and advisory arm of IDG, began Financial Insights in November 2002 with the merger of Meridien Research and its IDC Financial Services Advisory unit.

Financial Insights' research primarily covers topics of strategic interest to banks, insurance companies, asset management firms, securities brokerages and diversified financial institutions around the world.  Clients use the research to guide their internal investment decisions, help plan for future technology needs, benchmark themselves against competitors and stay current on solution offerings, all of which enables them to create a competitive advantage.  The company compiles reports and updates concentrated on emerging technology and its application, in addition to custom research and strategic consulting services and conference hosting.

Making milestones
The firm usually doesn't make a lot of headlines; mostly, it sticks to publishing the results of its latest surveys and studies in the sectors it covers.  But in late 2005, Financial Insights announced it had achieved a "milestone," posting its first year of full profitability, with revenue growth of 40 percent year over year in its third year of business.  The firm's results for fiscal 2005, in fact, were more than 370 percent higher than the revenues posted by Meridien in its last operating year.  During the year, Financial Insights expanded its client and employee rolls, expanding into Mexico and Brazil, with nearly 200 clients in 16 countries worldwide.  In November 2005, the firm appointed several new senior executives, including a new director of EMEA relations in London, and new research directors in banking, risk management and insurance.  The firm also expanded its risk management portfolio in Europe and Asia Pacific.

Primarily research

Financial Insights is known as a prominent provider of primary data for the financial services clients it serves.  Unlike many others in the field, Financial Insights enables its clients to make technology and operational investment decisions based on hard facts and evidence rather than second-hand information or estimates.  In association with IDC, Financial Insights' annual "Marco Polo" survey in Asia/Pacific reviews multicountry household data on e-banking and channel usage across important demographic segments.  This data forms profiles of consumers and seeks to identify areas for potential new customer segments.  In 2004, together with American Banker, the leading publication to the U.S. banking market, Financial Insights created the world's first annual, fact-based ranking of financial technology providers called the "FinTech 100."  Financial Insights utilizes the FinTech 100 with other proprietary data to determine which vendors, partners and service providers are "leading, lagging or simply maintaining the status quo."  Now an annual report, the FinTech released the third edition in 2006, followed by the fourth edition in 2007 and the fifth edition in 2008.  The firm also publishes regular surveys and studies, such as annual reports on top 10 strategic IT initiatives for various regional capital markets.  It also provides business insights to its target audience, publishing surveys covering consumer trends and behavior.

In top form

Nearly half of the company's business comes from outside the United States and over the years, it has expanded its service offerings worldwide.  Despite the economic downturn, the firm achieved a 25 percent revenue increase in 2008.  In 2009, the advisory firm released a report discussing the top 10 strategic IT initiatives for banks in the Asia-Pacific region.  In this study, the firm observed that the current economic crisis would result to shifts in banking preferences, yield a lower demand for banking products and a rise in delinquencies and defaults.  The industry's demand is primarily driven by the health of the economy and current corporate profits.  The firm's formidable advantage lies in their ability to provide many forms of research.  This may prove useful since their earnings depend on maintaining a steady flow of work and management of costs.

Gettting Hired

Insight, please
Individuals who are interested in research, sales or marketing opportunities are welcome to join Financial Insights.  They may do so through IDC's careers page at http://www.idc.com/about/careers.jsp and peruse through various job opportunities and company benefits.  They may also visit IDC's corporate headquarters at 5 Speen Street, Framingham, MA or contact any of their offices worldwide.  Financial Insights looks for candidates with relevant experience in financial services and/or technology.

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IDC Financial Insights

5 Speen Street
Framingham, MA 01701
Phone: (508) 620-5533
Fax: (508) 988-6761


  • Employer Type: Private
  • Global Head of Research: David Potterton
  • 2009 Employees: 1,000

Major Office Locations

  • Framingham, MA

Vault Company ID: 42427

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