Services of holding financial assets
CPC v2.1 Code: 717
About services of holding financial assets
cpc code 717 covers the services of holding financial assets, which is a critical component of the broader financial services industry. This industry plays a vital role in the economy by providing investment management, asset custody, and other financial intermediation services to individuals, businesses, and institutions. The services offered under this code are essential for the efficient allocation of capital, risk management, and the facilitation of economic growth.
Production process
The main production techniques used in the services of holding financial assets industry involve the management and administration of investment portfolios, the safekeeping of financial assets, and the provision of related services. This includes activities such as portfolio management, investment research, trade execution, and performance reporting. Financial institutions, such as banks, investment firms, and asset management companies, are the primary providers of these services.
Production inputs
The key inputs required for the services of holding financial assets industry include highly skilled financial professionals, such as portfolio managers, analysts, and compliance officers, as well as advanced financial technology and data systems. Additionally, the industry relies on access to a wide range of financial instruments, including 718 Securities and commodity contracts brokerage, 721 Monetary authorities - central bank, and 722 Credit granting, to construct and manage investment portfolios.
Production outputs
The primary outputs of the services of holding financial assets industry are investment management services, asset custody, and other financial intermediation activities. These services are consumed by a variety of other industries, including 721 Monetary authorities - central bank, 722 Credit granting, 723 Financial transactions processing, reserve, and clearinghouse activities, and 724 Investment advice. The efficient provision of these services is essential for the proper functioning of the broader financial system and the overall economy.
Family tree for services of holding financial assets
graph LR
A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/717'>717: Services of holding financial assets</a>"]
B --> D["<a href='/classifications/cpc/v2-1/711'>711: Financial services, except investment banking, insurance services and pension services</a>"]
B --> E["<a href='/classifications/cpc/v2-1/712'>712: Investment banking services</a>"]
B --> F["<a href='/classifications/cpc/v2-1/713'>713: Insurance and pension services (excluding reinsurance services), except compulsory social security services</a>"]
B --> G["<a href='/classifications/cpc/v2-1/714'>714: Reinsurance services</a>"]
B --> H["<a href='/classifications/cpc/v2-1/715'>715: Services auxiliary to financial services other than to insurance and pensions</a>"]
B --> I["<a href='/classifications/cpc/v2-1/716'>716: Services auxiliary to insurance and pensions</a>"]
C --> J["<a href='/classifications/cpc/v2-1/7170'>7170: Services of holding financial assets</a>"]
%% Color coordination by level
classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px
%% Apply classes
class A level1
class B level2
class C level3
class D level3
class E level3
class F level3
class G level3
class H level3
class I level3
class J level4
class C highlight
%% class A level1
%% class B,C level2
%% class D,E,F,G,H,I level2
%% class J,K,L,M,N,O,P level3
%% class C highlight