Blueprint Snapshot: Banking and Finance IT Services, 2017

WHAT THIS BLUEPRINT REPORT COVERS

In 2017, HfS Published a series of four IT service Blueprints across the infrastructure and enterprise cloud, application development and management, digital technology strategy and consultancy, and IT services masters. We formed these reports from a wealth of data from qualitative client references, detailed vendor briefings and RFIs, and hundreds of data points collected from Global 2000 enterprise buyers. This has allowed us to paint a picture of the IT services in industry in unrivalled detail, which includes the development of industry-specific grids and analysis to support enterprise buyers in finding not only the best IT service providers, but also those that are the most experienced and innovative in their industry vertical.

In this industry snapshot report, we examine the banking and financial services industry – assessing the key players operating in their space for their capacity to innovate and deliver IT services in the industry vertical.

WHAT YOU’LL KNOW AFTER READING

• Analysis of the innovation and execution capabilities of key IT Service providers operating in the sector
• Analysis of each provider’s offerings and movements in the industry
• Market information for IT services in the sector
• Recommendations for both enterprise buyers and service providers operating in the industry

KEY MARKET DYNAMICS

• Providers in the sector are shoring up their offerings to differentiate themselves in a particularly competitive industry
• A variety of key acquisitions are supplementing provider capabilities in the space by bringing on the talent and resources necessary across digital and IT.
• The market is showing sluggish growth overall, but presents a lucrative space for many providers
• Increasing pressure on providers to bring knowledge and technology from the FinTech space into engagements

WHO SHOULD READ THIS REPORT
Executive leaders and business unit leaders, technology leaders, advisors and outsourcing managers in the banking and financial services sectors.

SERVICE PROVIDERS WE DISCUSS
Accenture, IBM, TCS, Cognizant, Infosys, Wipro, Unisys, HCL, Virtusa Corporation, Fujitsu, Capgemini, Atos, Deloitte, NTT DATA, Syntel, Tech Mahindra