Financial Services 

We can help you stay focused on the future of financial services - one that is stronger, fairer and more sustainable.

Now more than ever, financial services will need to harness the power of technology to transform and grow, while meeting future customer expectations and regulatory changes.

Our strength lies in the proven power of our people and technology, and the possibilities that arise when they converge to reframe the future. Our deep sector knowledge combined with a holistic point of view delivers true value from strategy through to implementation. Whether your business challenge is simple or complex, small or large, we can be trusted to deliver solutions that work - today and tomorrow.

We are helping clients build stronger and more sustainable financial services. It’s how we play part in building a better working world.



Financial crime video series: AML, fraud & compliance insights

In this video series, explore how financial institutions can navigate an increasingly complex financial crime landscape by strengthening resilience across AML, fraud and sanctions through more integrated, proactive approaches.



In a disrupted economy, financial services organizations should reconsider their strategy to unleash their potential and create long-term value.

Federal Budget 2025

Reframe your future: Transformation in Financial Services

AI is reshaping the insurance workforce

Generative and agentic AI are changing how insurance work gets done—reshaping the workforce and redefining roles, skills and productivity as insurers rethink talent, operating models and customer impact.

Transforming SMEs: the age of data optimization

Canadian SMEs are ready to share data, and financial institutions must leverage this to offer better, personalized services.

Canadians are 3x more likely to share data with their financial service providers today than 2020, finds EY survey

The 2023 EY Open Banking Study conducted in collaboration with Symcor, reveals that Canadians are now three times more willing to share data with financial service providers that they have an existing relationship with — compared to 2020 – and this willingness grows as age increases.



Sustainability in financial services

 

A sustainable world needs sustainable finance. We are helping to build a better financial services industry – one that is stronger, fairer and more sustainable by helping organizations to create value, accelerate the transition, and make a measurable difference.

line of tree saplings sprouting in soil


Sustainability in financial services

Discover how we are building a better financial services industry – one that is stronger, fairer and more sustainable.

EY Nexus for Financial Services

EY Nexus accelerates innovation, unlocks value in ecosystems and powers frictionless customer experiences.


Our latest thinking

Rethinking insurance distribution in Canada: why incremental change is no longer enough

Explore how insurance distribution in Canada is evolving as AI, digital platforms and embedded models reshape channels, economics and customer ownership.

AI is reshaping the insurance workforce

Generative and agentic AI are changing how insurance work gets done—reshaping the workforce and redefining roles, skills and productivity as insurers rethink talent, operating models and customer impact.

Financial institutions: Four considerations to mitigate insider threats in Canada

Explore how financial institutions can address insider threats, reduce fraud risk and enhance AML and ATF compliance in Canada’s evolving regulatory landscape.

Canadian Insurance Outlook 2026: navigating uncertainty, unlocking opportunity

Learn the top 10 strategies to boost your online business success and drive more traffic. Transform your business now

Canada’s watershed moment on financial crime

Canada is reframing financial crime as a national security priority. Discover how Budget 2025 reshapes AML, fraud and sanctions compliance.

Ontario Auto Insurance Reform: Consumer Choice & Change

Ontario’s 2026 auto insurance reform: navigating modular accident benefits and supporting consumer choice. Read more.

Six key steps Canadian wealth advisors should take now

Discover how Canadian wealth management clients are more satisfied with their financial health and advisor input compared to global counterparts.

Canada’s commercial P&C insurers are poised to shape the future

Canada's commercial P&C insurers must embrace innovation and partnerships to navigate emerging risks and drive sustainable growth in a complex landscape.

The rise of agentic AI: transforming fraud risk management

Agentic AI is transforming fraud risk management with real-time monitoring and adaptive learning, enhancing detection and prevention strategies.

The future of treasury services and the opportunity for banks

Learn more about the latest Voice of the Treasurer research and the opportunities for banks.

The race for cash management transformations

Explore the evolution of cash management, focusing on digital transformation, client-centric strategies, and operational efficiency for banks.

Three open banking takeaways for Canadian financial services providers

Unlock insights on how security and trust drive Canadian consumers' choices in open banking and reshape financial service experiences.

Human-centred transformation in insurance

Discover how human-centred digital transformation in insurance enhances customer loyalty, drives growth, and fosters trust in a competitive landscape.

How model risk management meets OSFI guidelines

In recent years, the increased use of and reliance on models for pricing and reporting has enhanced insurers’ modelling and computational performance. Read more.

Using gen AI to redefine the commercial banking front office

Canada's commercial banking landscape is evolving: embrace gen AI to enhance client relationships and drive modernization.

Insurance in transition: embracing innovation and change

Discover how Canadian insurers can navigate challenges and seize growth opportunities through innovation and technology in a volatile landscape.

Breaking barriers: advancing women in insurance

A study by ISC Group and EY reveals challenges hindering women's career progression in Canada's insurance sector, offering strategies to boost female leadership and empowerment.

OSFI issues SCSE for consultation

Explore how AI and GenAI are game changers in the fight against scams.

Boosting Productivity in Canadian Banks: A Focus on SMEs

Boost productivity in Canadian banks by optimizing SME services with cost and revenue levers, AI, and enhanced customer journeys for sustainable growth.

How can insurers enable the finance workforce of the future? The opportunity ahead

Explore how Canadian insurers can evolve finance teams for a post-IFRS 17 era with a human-centric approach to thrive in a competitive market.

The Great Convergence – A financial crime AML and fraud perspective

As the Canadian banking ecosystem faces a transformative period known as the Great Convergence, we delve into the opportunities and risks it presents for financial institutions. Understand how compliance programs must adapt and innovate with the shifting landscape to counteract new financial crime risks. Read more.

The Great Convergence - what financial institutions can do to get ahead

Read how FIs can gain momentum ahead of the great convergence by re-thinking their business model.

Webcasts

Unleashing the power of gen AI – a new era for financial services

Watch the 60-minute on demand replay for an engaging discussion on how generative AI is reshaping the foundation of the modern financial enterprise.

Making waves with EY – the PayTechs edition

Discover the 7 transformative themes in PayTech, reshaping the payments landscape. A must-listen for industry insights.

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Reports

Canadians are 3x more likely to share data with their financial service providers today than 2020, finds EY survey

The 2023 EY Open Banking Study conducted in collaboration with Symcor, reveals that Canadians are now three times more willing to share data with financial service providers that they have an existing relationship with — compared to 2020 – and this willingness grows as age increases.


Ecosystems in Financial Services

Explore how harnessing the power of digital ecosystems can make finance effortless and create value for all stakeholders.