Market Forecast
published on Jun 14, 2016
Report Overview:
NelsonHall's "Global Banking BPS Market Forecast: 2016-2020" consists of 107 pages. It is a comprehensive forecast of the industry-specific banking BPS market and is complemented by NelsonHall's self-service forecasting facility which enables users to download forecasts and vendor shares tailored to their needs across any combination 40 geographies, and 30 industry sectors.
Who is this Report for:
NelsonHall's "Global Banking BPS Market Forecast: 2016-2020" consists of 107 pages. It is a comprehensive forecast of the industry-specific banking BPS market designed for:
- Sourcing managers monitoring the banking industry-specific BPS industry and identifying vendor suitability for shortlists and RFPs
- Executives seeking assistance in identifying levels of banking BPS vendor presence by sector and geography
- Marketing, sales and business managers developing strategies to target service opportunities within the banking BPS market and requiring information on market size and growth
- Consultants advising clients on vendor selection
- Financial analyst specializing in the support services sector.
Scope of this Report:
The banking BPS market has been impacted in recent years by economic uncertainty and banks’ uncertainty regarding industry regulation. As regulations have been clarified and implemented, growth in banking BPS activity has picked up.
Key features of the banking BPS marketplace in the next five years include:
- Core banking and lending BPS will grow more slowly than payments or capital markets BPS
- Retail banking BPS growth will be led by growth of payment services including merchant acceptance and card issuance processing
- An emerging area of retail banking BPS will be the fast growing trade finance processing services
- The market for check processing BPS will continue to shrink, the only banking BPS market to do so
- Capital markets BPS will grow fastest in data centric processes, including reference data and trade services BPS.
Key Findings & Highlights:
The report provides a forecast for the global banking industry-specific business process services market overall and by geography and by service line and is complemented by NelsonHall's self-service forecasting facility which enables users to download forecasts and vendor shares tailored to their needs across any combination 40 geographies, and 30 industry sectors. It covers the following:
- The industry-specific banking BPS market size for 2015 and the forecast for the banking BPS market through 2016 to 2020.
- The industry-specific banking BPS market size and forecast for North America, specifically covering the U.S. and Canada, EMEA, specifically covering U.K., France, Germany, and Italy, Asia Pacific and Latin America
- The retail banking BPS market size and forecast for each of core banking, mortgage & loan BPS, payment services, and securities processing
- Identification of the leading vendors together with their revenues and market shares by geography and service line.