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Friday 23 October 2015

NEW RESEARCH: Financial Services Market Trends and Forecasts

fs jtdOver the past year, we have seen a shift in the dynamics of the Financial Services sector. Things are moving more quickly as many large incumbent Financial Services providers make big decisions to transform their businesses to meet the threat of new competition, lower costs, comply with regulation and most importantly, drive longer term growth. Suppliers need to have clearly defined value propositions and strategies otherwise they could miss out.

Notwithstanding this move forward, our medium term forecasts for this important sector have been reduced, to a CAGR of 2.4% (to 2018) as we are increasingly concerned about the deflationary impacts of new technology.

Given this background, this milestone report examines the crucial, market-shaping factors within each of the major horizontal segments of the UK Software and IT Services market. By "Joining the Dots" across the hoziontals with the specific requirements of the Financial Services vertical, the report highlights many significant implications for suppliers to this important and now faster-moving sector.

This report is available to subscribers, here.

Those of you who do not yet subscribe to FinancialServicesViews should contact Deb Seth of our Client Services team to find out how.

Posted by Peter Roe at '10:21' - Tagged: cloud   financialservices   bps   esas   infrastructure