Blueprint Snapshot: Digital Tech Strategy Services, Banking and Financial Services

WHAT THIS BLUEPRINT REPORT COVERS

In 2017, HfS Published the landmark digital technology strategy and consultancy blueprint report. We formed this report using 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 role digital technology and strategy and consultancy services in industry verticals in unrivalled detail. This process includes the development of industry-specific grids and analysis to support enterprise buyers in finding not only the best digital services providers but also those that are the most experienced and innovative in their industry vertical.

In this industry snapshot report, we examine the banking industry – assessing the key players operating in the space for their capacity to innovate and deliver digital consultancy 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 digital consulting services in the sector
• Recommendations for both enterprise buyers and service providers operating in the industry

KEY MARKET DYNAMICS

• Overall consulting and IT professional services are showing reasonable signs of growth as enterprises shift the scope of engagements from traditional IT services to digital
• Providers are working to shore up their digital offerings in the space through organic development and mergers and acquisitions in a bid to build a stronger digital footprint in the market
• The global financial crisis has seen banks showing tepid recovery, with enterprises wrestling with low profitability, depleted consumer confidence, and a more stringent regulatory environment.
• Banking product and service consumers are placing more pressure on traditional financial services, as the demand for innovative digital services grows, more emphasis is placed on pivoting provider engagements towards transformative activities.

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

IBM, Accenture, Infosys, TCS, Genpact, Cognizant, KPMG, Wipro, DXC, Virtusa Corporation, E&Y, HCL, Capgemini, Atos, Deloitte, PWC, Fujitsu, Syntel, NTT DATA, CGI, Booz Allen.