Vendor Analysis
published on Jun 02, 2021
Report Overview:
This NelsonHall vendor assessment analyzes Atos' offerings and capabilities in Transforming Wealth & Asset Management Services.
Who is this Report for:
NelsonHall’s Transforming Wealth & Asset Management Services Vendor Assessment for Atos is a comprehensive assessment of Atos’s wealth and asset management services offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of intelligent automation processes and identifying vendor suitability for wealth and asset management services RFPs
- Vendor marketing, sales and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of wealth and asset management services offerings, capabilities, and market and financial strength, including:
- Identification of the company’s strategy, emphases and new developments
- Analysis of the company’s strengths, weaknesses and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
Atos started working with the wealth and asset management industry in 2010 when it acquired Siemens IT Services (SIS), which had been providing services to National Savings and Investments (NS&I) since 1999. Over time, the NS&I contract has grown in scope and resulted in Atos delivering all operational services to NS&I while digitalizing delivery and committing to ongoing cost reductions. Atos has continued to build its capabilities via acquisition. Key activities include:
- Entering the French market with a trading platform: In April 2006, Atos acquired the Apollo trading platform from Misys. The platform is now used by most capital markets firms based in France and installed and supported by Atos.
- Expanding its North American presence into large-scale BPS: In 2018, Atos acquired Syntel, a major BPS and IT services vendor in North America. Syntel had large relationships with State Street Bank and American Express.
Since 2019 Atos has been restructuring its business away from a horizontal, technology-led go-to-market approach to an industry-led approach. Today Atos is deploying industry-specific offerings to address the needs of LOB executives and IT executives requiring broad support for operational delivery.