Vendor Analysis
published on Apr 17, 2024
Report Overview:
This NelsonHall vendor assessment analyzes Coforge's offerings and capabilities in wealth and asset management services
Who is this Report for:
NelsonHall’s ‘Transforming Wealth and Asset Management Services’ profile on Coforge is a comprehensive assessment of Coforge’s offerings and capabilities for the wealth and asset management sector, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of technology and operational services and identifying vendor suitability for wealth and asset management services in 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 Coforge’s BFS-focused wealth and asset management service offerings and capabilities and market and financial strength, including:
- Identification of the company’s strategy, offerings, 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 Coforge service components
- Analysis of the company’s delivery organization including the location of delivery centers.
Key Findings & Highlights:
Coforge has built its W&A services business starting with administrative services for account setup and administration services and then adding post-trade and pre-trade services. It works with industry service providers and W&A managers. Since 2012, it has invested heavily in developing its digital engineering and implementation services capabilities. The average length of a client relationship is 12 years, and 92% of its W&A services business is repeat business. It has worked with its largest W&A services client since 2008.
Coforge positions itself as having staff expertise able to combine and deliver:
- Business domain customization of technology
- Data management engineering and implementation
- Digital engineering and implementation.
It has been building partnerships with solution vendors and its IP portfolio to create offerings for clients that enhance business and operational effectiveness. It offers clients a variety of engagement models that commit to outcomes to enable clients to reduce upfront investment in change and focus their internal efforts on running their business.