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18 Bus. Info. Alert 1 (2006)

handle is hein.journals/busiale18 and id is 1 raw text is: Researching Financial Services: A Global Perspective Part 3 - Keeping Up to Date by Sylvia R.James In this final article in the series on financial services, I will cover the sources business information professionals work- ing in the sector need to keep their knowledge up to date. The sources covered in the second article (October 2005) are the basic everyday reference materials, which are now most easily accessed via the Internet. Here I will focus on the accumulation of background knowledge, which is very desirable for the progression of all business information pro- fessionals who research this sector. I will include suggestions for reading, listening, and viewing, including some of the best non-fiction writing, both new and classic, and more unusually, financial fiction novels and other media such as film. In the first article, I gave you a very broad explanation of the structure of financial services. It is very unusual for main- stream professionals working in any of the sub-sectors to move positions, from one to another, during their careers. They may move within the sub-sector to new products or services, but anyone who starts out specializing, in say, insurance, stays in insurance and their experience, knowledge, and progression will be within that one area, and they would not understand investment banking. For business information professionals researching financial services, it is rather different. They need to know about the whole sector, how it fits together, where the overlap is, and where anomalies lie. This knowledge will not be acquired by simply doing research projects. It needs more focus and direction. My recommendations for developing this background understanding fall into three sections: 1. Books - reading both fiction and non-fiction financial services writing. 2. Covering financial news in conventional print (newspapers and journals), online and by e-mail. 3. Other media: radio, television and perhaps, most enjoyably, watching feature films. continued on page 3 0

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