Is DXC Technology a powerhouse for UK Financial Services IT?

The creation of DXC Technology will have significant implications for the supply of Software and IT Services into the UK Financial Services sector. The bold move to combine the operations of HPES and CSC, complemented by the newly acquired Xchanging operation, has created a business which (on TechMarketView estimates) will deliver over £1bn of annual sales into the UK sector.

This means that DXC Technology will be the largest supplier in our Financial Services sector rankings.

The two sector-facing divisions, Insurance, and Banking and Finance, will together generate around one-third of the new group’s UK revenues.

Our report looks at the complementary fit of the three operations which have combined within DXC Technology, identifies the areas where they will have a leading position and discusses the avenues for further growth for this company which is changing the SITS supply landscape in this dynamic sector.

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