: Commercial banks, mutual funds, insurance companies, and stock exchanges.
: They must have robust systems to ensure all parties follow applicable laws and standards, which protects investors from legal or reputational damage. intermediaries
: Wholesalers, retailers, agents, and brokers (e.g., real estate or literary agents). : Commercial banks, mutual funds, insurance companies, and
: Data intermediaries act as neutral third parties that connect data holders with users. They must maintain structural separation to ensure they don't profit directly from the data they handle. : Commercial banks
: Innovation intermediaries stimulate collaboration by coordinating processes between different organizations that might otherwise struggle to work together due to cultural or capacity differences. Common Examples by Sector