Actualidad

Financial Communication: A Tool for Business Growth

Javier Ferrer, Director of the Financial Communication at the agency PROA Comunicación, explains to whom financial communication is addressed, what does it contribute and what challenges are associated with financial communication.

To whom is financial communication addressed?

Financial communication is a supporting business tool for companies in the world of finance: banks, insurers, fund managers, portfolio managers, financial intermediaries, investment services companies and family offices.

How can financial communication help businesses?

It helps a business to position their brand as unique compared to their competitors, bringing the qualities of each particular business model into market and to different audiences – the media, social networks, consumers and institutions. It also serves to manage their reputation, providing transparency when they face difficulties and specialization when it comes to reporting on business results.

What does a financial communication service require in order to be effective?

It requires highly specialized teams in activities that generate income for financial institutions: investment advising and management, financial planning, transactional banking and financing. It also requires extensive knowledge both of the value proposition of the products and services a company offers as well as the distribution channels through which each business reaches its customers.

What are the challenges facing financial communication in the current business environment?

Digitization is a big one because it leads to significant savings in distribution costs, provides operational and consultative advantages for customers, thereby forcing business models to transform. The tightening regulations, in the Spanish case with Mifid II, is also important because it requires distributors and product manufacturers to change their revenue model as well as provide more effective protection of the client’s interests. Specific to banking, reputation management continues to be a challenge to improve an image damaged by the inefficiencies that caused the 2008 crisis and the subsequent restructuring in this sector.

Álvaro Bordas —— “Sin emoción, no hay verdadera comunicación”

Álvaro Bordas es experto en Comunicación y Relaciones Institucionales, enfocado en el sector de la alimentación. Fue director de Comunicación y RI de Danone durante diez años (2007-2017) y director de Comunicación y jefe del Gabinete de Presidencia de Pascual. Anteriormente, trabajó en empresas destacadas como Alcampo, Rayet y Holcim....

José Casla —— «A bicycle brings happiness»

José Casla, CEO of Giant Ibérica, the world’s largest bicycle manufacturer, talks with Lucía Casanueva, PROA’s managing partner, about the challenges posed by the COVID-19 pandemic in the sector and the increase in demand in the last period of the year. This video can be reproduced as long as PROA...

Storytelling in the Business Environment

Carlos Salas, expert journalist in storytelling and professor collaborator for Proa Communicación, details what has changed in society so that storytelling, whose practice was linked more to the world of narrative and journalism, has entered the business and political environment in the last few years. Carlos details what people mean...

Digitally Native Brands

In recent years we have seen numerous examples of digitally native vertical brands: digitally native brands which are born, live, and grow on the internet, with a business model of lower risk, greater ease of launching and enhanced with proposals that engage digital consumers. These are brands such as Allbirds...

Millennials and the Political Role of the EU

The European elections, the formation of Europe and how young people perceive and face these matters, is the main subject of a study endorsed by Vinces, an independent consultant specializing in Public Affairs, presented just a few days ago in Madrid. The preparation of the report «The European Elections from...

José Antonio Rodríguez Piedrabuena—— Alcohol y cáncer los productos lácteos y la salud

A propósito de los botellones y las no fiestas El consumo moderado de vino no acortó la vida. Por el contrario, los bebedores regulares muy moderados, exhibieron tasas de mortalidad algo más bajas y una mayor expectativa de vida que los abstemios. Esta superioridad no es grande en el bebedor...

Más conversaciones, más ideas, más PROA.
Síguenos en nuestras redes.

Recibe ideas con criterio

Cada semana compartimos reflexiones, tendencias y claves sobre reputación, comunicación estratégica, asuntos públicos e innovación. Contenido pensado para profesionales que valoran la información con rigor y perspectiva.