Home | Sitemap | Contact Us
 
 
Home arrow Trends and Insights arrow ValueNotes Reports arrow Banking and Financial Services Offshoring: From Transaction Processing to Analytics (50% Off)  
Saturday, 11 February 2012
Banking and Financial Services Offshoring: From Transaction Processing to Analytics (50% Off)

Published July 2006

Single user license  
USD payment via Paypal
Old Price USD 495 / New Price USD 245
Enterprise license
USD payment via Paypal Old Price USD 1400 / New Price USD 700
   

*The report is sent in PDF format and will be e-mailed to you within one working day from the purchase of the report.

 

With growth rates of 30 to 35%, India's revenues from banking and financial services offshoring is likely to reach $6.5 billion by FY2011. However, this is still a fraction of the "offshoreable" market potential. Arun Jethmalani, CEO, ValueNotes says, "Growth in Indian offshore revenues from the BFS vertical will outpace overall BPO growth, driven by expansion into higher value services, especially research and analytics".

Almost 50% of the world's biggest banks in terms of asset size already have significant presence in India. The smaller, regional banks are also expected to take to offshoring in a big way in future. The need to manage increasingly complex global operations in a cost-effective manner, and added workload due to regulatory compliance such as SOX, Spitzer's Settlement ruling and Basel II norms are major offshoring drivers.


The offshore vendor landscape is made up of:

  • Captives of MNC banks and financial institutions such as Morgan Stanley, JP Morgan, Goldman Sachs, Lehman Brothers,TSB Lloyds, Scope International

  • Among third party players are:      

      o     Large multi-service companies like Genpact, EXL Service, WNS;
      o     Multi-service BPOs with IT parents such as Wipro BPO, Progeon, MphasiS BPO and iGate;
      o     Large KPOs such as Evalueserve, OPI and Integreon

Large players and niche specialists are best positioned to exploit the large opportunity.

Ribhu Ranjan, ValueNotes analyst and co-author of the report expects that going forward, regional and mid-tier financial firms the world over will adopt a multi-location, multi-vendor offshoring model, signaling a preference for global sourcing.

The report provides an overview of the buyer scenario and an in-depth analysis of the Indian vendor space along with profiles of major industry players. The report is designed to help:

  • Banking and Financial Services firms looking to outsource/offshore
  • Outsourcing consultants to evaluate and compare the offerings of vendors
  • Banking and Financial Services vendors to assess their competitive environment
  • Venture Capital companies looking for investment opportunities
  • Researchers looking for detailed information on financial services offshoring

This study is based on secondary data as well as extensive interviews with key people at various BPOs (captive as well as third-party) in India. 

If you cannot find what you are looking for, please get in touch with us at  This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

                                                      Table of Contents(Pages 90)

1. Executive Summary
2. Scope
3. The Big Picture    
3.1 Financial Services Industry: Definition 
3.2 The Global Financial Services Market
3.3 Business Processes
4. The Offshoring Perspective
4.1 BFS - Pioneers of Offshoring    
4.2 Offshoring Drivers: Beyond Cost Arbitrage
4.3 Offshoring Preferences: Regional and Global Firms
4.4 India Remains the Favorite
5. Who is doing What?
5.1 The Matrix
6. Indian Vendor Analysis 
6.1 Vendor Segmentation    
6.2 Funding Patterns for Third Party BPOs
6.3 Billing Rates       
6.4 Current Positioning of Vendors 
7. Trends, Insights & Projections
7.1 Best-of-breed Global Sourcing Will Increase   
7.2 Leading to Hybrids Within Hybrids       
7.3 Captives’ Will Remain So
7.4 M&A Activity Will Gain More Traction
7.5 Skill Availability Holds The Key  
7.6 Estimated Growth in Offshoring for India
7.7 Research and Analytics to Witness Spectacular Growth
7.8 Employee Numbers up 350% in Five years
8. Company Profiles
24/7 Customer
Adventity
Amba Research
Copal Partners
EXL Service
Fractal Analytics
Genpact
IBM Daksh
ICICI OneSource
Inductis
KPIT Cummins GBS
MphasiS
OfficeTiger
Outsource Partners International
Progeon
Transworks
Wipro BPO
9. Directory
10. Research Methodology 
11. About ValueNotes

         Table of Figures

Figure: 1 S&P 500 market capitalizations 2004     
Figure: 2 Global financial services market by segment     
Figure: 3 Geographical dispersion of the global market     
Figure: 4 Global financial conglomerates    
Figure: 5 Business processes         
Figure: 6 Process sub-classifications        
Figure: 7 Core services
Figure: 8 Financial services value chain     
Figure: 9 The offshoring time-line
Figure: 10 Drivers: Now and Then  
Figure: 11 Regulatory Drivers         
Figure: 12 Regional Firms Prefer Regional Vendors
Figure: 13 Services outsourced across the vertical
Figure: 14 Components of research and analytics 
Figure: 15  India SWOT analyses    
Figure: 16 Wage comparisons in the financial services industry
Figure: 17 Preferred destinations for offshoring    
Figure: 18 Comparison of offshore destinations    
Figure: 19 Who-is-doing-what matrix        
Figure: 20 IT offshoring by top 30 firms    
Figure: 21 Percent of financial institutions offshoring different services to India  
Figure: 22 Vendor Segmentation
Figure: 23 Captive centers in India 
Figure: 24 Major players catering to the BFS vertical      
Figure: 25 Services offered by third party players
Figure: 26 Number vs. employment amongst vendor types         
Figure: 27 Comparison of the vendor models        
Figure: 28 VCs – the prime funding source 
Figure: 29 Funding received by major BPOs
Figure: 30 Average Billing Rates     
Figure: 31 Research and analytics claim the most 
Figure: 32 Third Party Vendor groups        
Figure: 33 Niche-o-Meter: Measuring the BFS dominance
Figure: 34 SWOT analyses of Third party vendors 
Figure: 35 Rating of Vendor Clusters         
Figure: 36 Vendor life cycle 
Figure: 37 Future strategic moves of the vendors 
Figure: 38 The hybrid model
Figure: 39 Prominent M&A Deals     
Figure: 40 $7.01 Billion Indian offshoring in 2011 at current levels         
Figure: 41 Employee demand to increase four fold by 2011

    


 
< Prev   Next >
Latest from our blog
The State of Sourcing

Join forum
LegalConnect
PublishingConnect
My Shopping Cart
 
Latest Publications
The Pharmaceutical Industry Sourcing Landscape in 2011
 
The utilities sourcing landscape in 2011: Are global utilities outsourcing smarter?
 
Subscribe Newsletter
Name:
Email: