Jersey Holds the Majority Share in the British Isles Offshore Financial Services Industry.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c44910) has announced the addition of Offshore Financial Services in the British Isles 2006 to their offering.

Offshore Financial Services in the British Isles 2006 also presents and analyses the results of our Offshore Banks in the British Isles Survey, carried out in July 2006 across Guernsey, Jersey and the Isle of Man.

Scope of this title:

* Sizes, segments and forecasts the offshore deposits and mutual funds markets in Jersey, Guernsey and Isle of Man.

* Provides key competitor insight on customer preferences, issues, trends and competitive dynamics.

* Combines industry opinion with our proprietary databases to analyze and forecast the offshore financial services markets up to 2008

Highlights of this title:

The British Isles offshore markets have retained broadly the same distribution pattern between 2001 and 2005. Since 2001 Jersey has held on average 60% of deposits, rising to 65% in 2004, a majority share it has maintained in 2005. Guernsey holds just under a third of deposits, while the Isle of Man has consolidated a share of around 10%.

While many of the major players consistently stay within the higher ranks of offshore deposits in the British Isles, the positions of the biggest competitors are volatile and can frequently change. Out of the top 12 players in the offshore deposits market in 2004, only 6 remain in 2006, as the market begins to fragment under competitive pressure.

The cost of compliance is becoming a major issue in the British Isles and represents the biggest threat to cost base control. Offshore bankers believe the key to counteracting this threat and strengthening growth is the development of a strong product range.

Reasons to order your copy:

* Obtain vital market statistics and trends to clarify and explore the provision of offshore services in the British Isles

* Quantify the potential of the sector using our offshore deposits and funds market sizing and segmentation

* Assess the future of the market with forecasts up to 2008

Topics Covered Include:

Chapter 1. Introduction

What is this report about?

Who is the target reader?

How to use this report

Chapter 2. Market context

Introduction

Key findings

The offshore deposits, mutual funds and insurance markets have remained steady

Jersey dominates the British Isles offshore deposits market in 2005

Retail assets continue to exceed institutional assets in 2005

The Isle of Man insurance market is dominated by life insurance

Data tables

Chapter 3. Competitive landscape

Introduction

Key findings

A large proportion of the deposits in Guernsey in 2005 came from outside Europe

Deposits in Jersey originated from a broad range of sources in 2005

The Isle of Man was relatively reliant on the UK as a source of deposits in 2005

There are 13 main competitors in British Isles offshore financial services

Anglo Irish is developing into a formidable force in the offshore deposits market in the British Isles

Bank of Scotlands success is built on the introduction of innovative services, while HSBCs use of online technology stands out

Size and location are seen as major factors in a providers success

Pricing, rates, and product range are the most common features of successful offerings

Data Tables

Chapter 4. Opportunities and threats for offshore banks in the British Isles

Introduction

Key findings

Offshore banks expansion plans may be dented by a rising cost base

A strong product range driven by successful client acquisition will do the most to drive revenue growth in the next two years

Increasing use of intermediaries will be a key driver of revenue growth

Cost of compliance is the biggest threat to cost base control at present

Fears over IT and CRM costs suggest that these are areas for development in offshore banks

Increasing competition and a shortage of quality staff threaten offshore banks in the British Isles

Increasing competition is seen as a serious threat to business growth in the offshore British Isles

Competition is only slightly more significant than the EUSTD as an obstacle to growth

Tax amnesties and their implications are not seen as problematic areas

Data tables

Chapter 5. Client focus

Chapter 6. The future decoded

Chapter 7. Appendix

List of Tables

List of Figures

For more information visit http://www.researchandmarkets.com/reports/c44910

Source: Datamonitor