Developing Financial Products

Assignment
Question 1.

The financial and other industries are in major transition period. The dynamics of this change are rooted
in several fundamental transition forces. These transition forces have strongly influenced the financial
industry.

Following are the list of key forces impact financial service sector of Pakistan.

1. Government Deregulation
2. Technological Change
3. Culture and Demographical change
4. Economic climate change
5. Industry Consolidation
6. New Competitors Challengers

Explain first three of these forces and identify a link and impact of these dynamic forces on the
financial sector of Pakistan

(Note- answer must be in bullet points and each factor answer must not be more than 150 words)

Question 2.

Product development function focus and coordinate the institution’s resources during rollout of
financial service. Product development function involves management multiple support disciplines like
operations, finance, HR, legal and marketing.

a) Identify the key role of the legal department in the product development function.
b) What is product development rollout and what is the role of the key disciplines like
operations, finance, HR, legal and marketing. (note: identify five roles of operations and
finance discipline)

Question 3.

Management and front line employees assist the institution in evaluating its existing product structure.
Product Evaluation Matrix is a tool use by employees to evaluate their firm’s financial products.

a) Use live financial products of the allocated bank and classify four products as either Class A, B,
or C using Product Evaluation Matrix.
b) Give three-line reasoning for allocating each product as class A, B, or C.