The world of financial services can seem confusing – from the technical language used, to the huge variety of different jobs and sectors.
Put broadly, “financial services” are the variety of products, services and facilities provided by the finance industry, which covers a huge range of organisations that are all involved in managing money. This ranges from providing current and savings accounts to individuals and families, to developing complex financial models to help governments trade and raise finance.
Every person, company or industry that you can think of in the world requires services to help them manage their money, protect them from unforeseen events or provide credit or loans. This is where financial services come in and why they are so important.