Market Analysis
published on Dec 05, 2019
Report Overview:
NelsonHall's market analysis of digital banking services consists of 94 pages.
Who is this Report for:
NelsonHall’s “Digital Banking Services: Establishing New Banks Market Assessment and Forecast” report is a comprehensive market assessment report designed for:
- Sourcing managers investigating sourcing developments within the banking industry
- Vendor marketing, sales and business managers developing strategies to target service opportunities within the banking industry
- Financial analysts and investors specializing in the banking industry sector.
Scope of this Report:
The report analyzes the global market banking operations services and addresses the following questions:
- What is the current and future market for digital banking operations services?
- What is the size and growth of the digital banking operations services market by market segment?
- Within digital banking operations services, which processes are emerging strongly?
- What are the market segments for banking operations services and their characteristics? What are the drivers, benefits, and inhibitors for each segment? What are vendor capabilities by segment?
- What technologies and platforms are being utilized and what are the implications by market segment?
- What are vendor challenges and critical success factors by market segment?
- How vendors are positioned within each banking operations services market segment?
- Additional topics include: contract lengths; pricing models; partnerships; acquisitions; delivery center locations and the use of offshoring; vendor targeting by client size, geography, and industry.
Key Findings & Highlights:
Digital banking services vendors increasingly deliver combined PS, cloud migration, and BPaaS services. Digital operations services are a mature business with tier 1 banks looking to setup subsidiaries to enter new markets and create omnichannel brands/offerings. Adoption and usage models are growing for the startup, regional, and mid-tier market. Vendors are delivering engagements focused on design/deploy services to support business model changes at clients. Digital banking services vendors will deliver hybrid cloud services with cognitive-enabled operations using quality tested components to support business model change. Operational delivery will be agile to support volume fluctuations which previously would not have been sustainable