"Global Securities Industry Outlook 2007 - Issues on the horizon" is one of a set of annual publications that discuss the top issues within each sector.

As the financial world continues to change dramatically, securities firms are faced with similar, but evolving issues. Ever-present risk issues and new players are continuing to force the industry to evolve and adapt to stay ahead.

To position themselves for success, global securities firms must delve deeper into the trends impacting the industry and shape their strategies around them. This new study examines the key trends facing the industry, offering an analysis and perspective on the issues, some of which have been on the executive agenda for quite some time, yet continue to evolve and require increasing attention and shifting strategies.

The reports provide perspective into sustaining growth in an increasingly competitive arena, while addressing challenges and seizing opportunities.

The study identifies five key issues for global securities firms to focus on:

• The shifting competitive landscape
• The growing appetite for risk
• The lure of alternative investments
• Exploding product complexity
• The patient money bets on emerging markets