Types of Financial Services

Financial services

Whether you’re looking for insurance or investments, banking or commercial banking, financial services have a variety of ways to meet your needs. It’s important to find the right type of services for you.

Investment banking

Investing banks act as an intermediary between corporations, governments, and individual investors to raise funds and perform mergers and acquisitions. They make money by charging fees for their services. The types of companies that engage with investment banks are typically larger organizations.

Investment banks are split into two divisions – the front office and the back office. Each division is responsible for a different area of the business. The front office involves trading and capital raising, while the back office is responsible for technology, operations, and compliance. Each investment bank is different, but each sector plays a crucial role in making money.


Among the financial services industry’s myriad activities, tackling the complex risks posed by an ever changing economy is no easy feat. The industry has been under siege by a bevy of predators, but it’s also been the victim of its own successes. For example, in a recent survey conducted by a leading insurance industry trade association, insurers found themselves battling for the title of best in class in areas as diverse as fraud detection, loss mitigation and claims administration.

While the big dog has been putting its thumbs on the scales for several years, there are still plenty of small and medium sized insurers who are eager to get in on the action. The key to survival is to maintain a discerning clientele, a high quality underwriting process, and a sound business plan.

Retail banking

Unisys offers a wide swath of consumer finance products. Among its more than a hundred offerings, there are more than a dozen retail and online banking products and services. In addition to a robust retail banking platform, Unisys offers a suite of solutions designed to provide the highest levels of protection and convenience to both corporate and retail clients. One of the most noteworthy offerings is Unisys mb ms, a modern, state of the art information and communications technology (ICT) solution that helps customers stay ahead of the competition. In fact, Unisys mb ms has become a preferred provider of banking solutions in the Asia-Pacific region.

Commercial banking

Typical functions of commercial banks include creating capital, extending credit and managing deposits. They also provide payment processing and other financial services for businesses. They are a major source of funding for entrepreneurs and home buyers. They work with a wide range of borrowers.

They offer banking services to small, medium and large businesses. They offer a wide range of products, which vary according to the needs of their customers. Some banks offer services such as mortgage loans, lines of credit and checking and savings accounts. They may also offer services such as debit and credit cards, overdraft facilities, and foreign exchange.