Tuesday, April 10, 2012

Did You Know? ... The Makeup of the US Financial Services Industry

This is the first of a new "Did you know?" category of posts which will appear periodically on this blog. These brief posts will contain industry statistics relevant to risk and financial crime management.

Quite often, both in the Consulting arena and in Financial Services, analyses require an understanding of the industry. Hard statistics are often ... well ... hard to come by. My intention is to provide a quick public point of reference for this type of information.

Statistics posted here will carry a source URL link, as you can see below, or a citation.

Today's stats relate to the overall size and makeup of the US Financial Services industry. According to a recent report by the Department of Homeland Security:

1. Deposit and payment systems and products ($12 trillion in assets; 17,000 depository institutions)
2. Credit and liquidity products ($14 trillion in assets; many thousands of credit and financing institutions)
3. Investment products ($18 trillion in assets; 15,000 providers of investment products)
4. Risk-transfer products ($6 trillion in assets; 8,500 providers of risk-transfer products)