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Thursday 26 October 2017

**NEW RESEARCH** Financial Services Supplier Ranking

coverLast year saw a lot of change within the Financial Services sector as many large financial services providers moved onto the front foot with respect to growth and change, leading to an acceleration in the rate of Cloud adoption as they sought to address legacy issues and embrace innovation.

In our latest report, “Financial Services Supplier Ranking”, we present our latest view of the top 20 SITS providers active in this dynamic sector. Despite all the changes across the sector, it is probably no surprise to readers that the very top of the table remains largely the same, although the morphing of HPE and CSC into DXC has obviously had an impact. Lower down the table we have seen some more significant movement and also a very wide variance in the growth rates of these major providers. The pressure on the established providers of large computer systems and on software revenues as companies move to cloud-based delivery has meant that some suppliers have reported declines in UK sector revenue, while others have enjoyed better fortunes, boosted by acquisitions and strong performance in system integration.

The Indian Pure-plays continue to feature large within the table, taking five of the top 11 places. A new entrant into the top 20 also shows the growing reliance on the input from advisors and consultants as the sector wrestles with change. The major Business Process Services providers were also able to grow at rates well ahead of overall market levels.

This report is accessible to FinancialServicesViews subscribers, here.

If your company does not yet subscribe to this research stream, please contact our Client Services team on info@techmarketview.com

Posted by Peter Roe at '07:00' - Tagged: cloud   financialservices   insurance   legacy   banking   FinTech