The NIF can be expected to increase the efficiency and productivity of financial firms. As required upgrades to IT systems, needed to standardize reporting, are implemented across the industry, there would be increases in operational efficiency.  This would likely lead to  a decrease in demand for  lower-skill jobs  involved with routine collection and manipulation of financial data, and an increase in demand for  higher-skill and higher paying jobs involved with systems integration and the development of analytic tools and software.