gta financial services cluster
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FINANCIAL SERVICE CLUSTER
Toronto | New York | London |Zurich
What is a Cluster?
A geographic grouping of companies working within the same industry that are interconnected markets they serve products they produce suppliers trade associations educational institutions.
Main purpose of furthering innovation.
Keys to Success
Strong Skill & Creative Base
Network & Partnerships
R&D Capabilities & Innovation
Cluster Structures
•Incubator•Center of Excellence•Accelerator •Convergence Center•Innovation Center
GTA’s Centre of Excellence in Financial Services Education
Toronto Financial Services
The GTA is Canada’s business and financial capital.
Generates 12% of the city’s total GDP Fastest expanding financial sectors in
North America.
Toronto Financial Services
Fund Providers
Banks
Insurance
Stock Exchanges
Securities Dealers
Key Players
New York Financial Services
Ranked #1 - New York is the financial capital of North America
Home to Wall Street and the New York Stock Exchange Employs over 500,000 people
London Financial Services
Ranked #2 London is Europe’s financial capital Voted Europe’s most internationally accessible city Attracts a large number of foreign investors.
Zurich Financial Services
Ranks Top 5 in the Worlds most competitive and attractive financial centers.
Approximately 83,000 people are employed in the Financial Center
60% of the full-time financial employees work with banks, insurance companies and financial service specialists.
70% or 56,000 of those people work in the city of Zurich.
Toronto in the News
Canadian FY2010 budgets plans to financially support GTA clusters.
CIBC is the first Canadian bank to introduction the mobile banking applications for Smartphone's.
Islamic finance course available at Toronto’s Centennial College.
Visit My Blog
Check out my blog for more information on Toronto’s Financial Services Cluster.
http://jhallfusco.wordpress.com/