Business-to-business research
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Financial services is a complex sector that involves diverse products, multiple touchpoints, new technology, relationship management, and AI.
Working in the financial hubs of London and Singapore, Novema provides value-add research services in banking, insurance, and investment via innovative solutions. The scope of research includes:
- Brand equity and image analysis of financial services brands
- Market segmentation
- Concept testing and new product development
- Customer profitability analysis
- Client relationship management
We have worked with the leading financial services institutions including DBS, Enterprise Singapore, Great Eastern, HSBC, S&P Global, Standard Chartered, Union Pay, and Visa.
Case studies
Partnering with a major card brand, we surveyed SMEs to understand their liquidity needs and explore how a new corporate credit card with improved cash management and customized rewards could meet those needs.
Our banking client needed justification for new wealth management investments, so we assessed the affluent NRI market through expert interviews and surveys, providing key insights for their strategy.
We assessed the market potential for mobile remittance by examining current usage, customer preferences, decision-making, and factors influencing acceptance and adoption of mobile-based services.
We researched expatriates trading FX and CFDs to understand their behaviors and awareness of providers and tested new ideas to support targeted marketing campaigns.
Client testimonials for international schools
The Novema Brand Equity & Market Insights Study has provided relevant, up-to-date, and actionable insights into the state of International Education in Malaysia, and most importantly, what is in parents’ minds. The research results are comprehensive and helped us define our priorities in terms of communications with prospective
families. We look forward to continually refining our marketing strategies with the Novema Insights study over the coming years.
Director of Advancement,
International School of Kuala Lumpur, (Malaysia)
The Novema International Schools Brand Equity & Market Insights Study is the only study of its kind. It is an exceptional report on the perceptions of international schools
in Singapore amongst the international school parent community. We have partnered with Novema on this study since its inception and have found it to be immensely valuable in helping us to refine Tanglin’s marketing and communications activities.
Director of Marketing & Communications,
Tanglin Trust School (Singapore)
GESS has subscribed to the Novema Brand Equity Survey for many years, and the strategic insights gained from the survey have been vital in growing enrolment in the competitive Singapore market. The analysis and data from the Novema study has also been very useful in developing our school’s brand strategy as well as strategic improvement plan. The Brand Equity Survey is comprehensive, relevant and offers deep insight into the Singapore international school market, expat families’ needs as well as allowing schools to benchmark their brand and offering to competitors.
Director of Marketing and Admissions,
German European School of Singapore (GESS)
Novema is a trusted partner for the Dulwich Group and schools as we expand our footprint. We use Novema to provide market research insights to inform strategic decisions including identifying target markets and testing product and concept developments. In a highly competitive school management environment, Novema’s ability to accurately translate data and sentiments are critical to decision making.
Group Director of Admissions,
Dulwich Experience and Market Research Insights (Asia)
KTJ has subscribed to the Novema Survey for a number of years. We have found it an invaluable source of information about our position within the international school market and a very useful measure of how we are doing against our competitors. The results of the survey have helped us in much of our decision-making around
marketing and admissions, as well as in other areas of the School. I can’t imagine operating without the insights this survey provides.
Principal,
KTJ (Malaysia)
KIS International School was very pleased with the findings that the Novema team uncovered in the market equity study. Their professionalism and dedication in providing actionable insights has been valuable as we define our strategic goals, areas for growth, and shape our communications strategies.
Director of Admissions & Marketing,
KIS International School (Thailand)