Menu

Welcome to FinancialServicesViews

New research

Listen to Jon Davies, Research Director of FinancialServicesViews, introduce his latest research.

Contact us

FinancialServicesViews

TechMarketView has a dedicated research stream focused on the supply of software and IT services (SITS) to the UK Financial Services sector (banking, financial markets and insurance businesses). FinancialServicesViews is led by Research Director, Jon C Davies. Jon has over 30 years’ experience within the financial services and technology industries and an in-depth knowledge of insurance, retail banking and global IT.  During his 18 year career with North American technology giant DXC (formerly CSC) Jon held a variety of research, planning and strategy roles.


The Financial Services sector is the largest buyer of software and IT services in the private sector. Many of the largest vendors in the SITS industry generate over one quarter of their revenue from this sector and there are many mid-size and smaller companies who are almost entirely dependent on customers in Banking, Financial Markets and Insurance. This sector is home for some of the most innovative and leading -edge suppliers as financial services companies seek to use technology to generate real competitive advantage and faster profits growth.

The technology underpinning this global sector is having to evolve more quickly than in any other area, as end-customers demand better service, through more channels and devices from their financial services providers and as regulators impose ever more scrutiny. Despite the sector being the focus of intense activity however, there is a lack of quality, independent research, probably due to the secrecy of many of the buyers, the complexity of the markets and the speed of change.


FinancialServicesViews provides commentary on key suppliers in the market, identifying ‘hot spots’, and highlighting potential success and failures of business models and strategies of individual vendor companies. TechMarketView’s FinancialServicesViews research is closely linked to our broad coverage of the UK SITS market, drawing on the expertise of the other TMV research directors, who contribute research to the stream in their specialist areas.

Predictions

"As we look forward to the year ahead and consider some of the key developments and trends that may come to the fore, it is apparent that the effects of the pandemic will inevitably be felt well into 2021 and beyond. The financial services SITS market in the UK was worth £13.1bn in 2019. Prior to 2020, growth had been on a steady upward path. The negative impact of the coronavirus and the ensuing downturn mean that by the end of 2020 total spend is likely to be more than £1bn lower than previously expected."

Read bio

TechMarketView Evening 2021

16/09/2021

Read more

Monument lays the foundation for launch with £28m

26/02/2021

Read more

UK underpins Sopra Steria's 2020

26/02/2021

Read more

BAE Systems reveals an encouraging performance in 2020

25/02/2021

Read more

Pandemic continues to drive financial services transformation

24/02/2021

Read more

Already a Client?

If you are an existing FinancialServicesView subscriber you can access our research using the login button below. If you are unsure if your company is an existing subscriber then do get in touch with our Client Services team who will be happy to check this for you.

LoginContact us

Does your organisation already subscribe to TMV?

Check if your organisation already subscribes to our in-depth, paid-for research by typing your work email address in the form below. If your organisation does subscribe, we can usually add you to the account for free.

Further information

Interested in our FinancialServicesViews research? Speak to our Client Services team for details about our corporate subscription services.

Contact us