openPR Logo
Press release

Global Back Office Outsourcing in Financial Services Market, Top key players are Accenture ,Infosys ,TCS ,Attra Infotech ,Birlasoft ,Capgemini ,Cognizant ,Dell ,eClerx ,Endava

04-23-2019 10:28 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: REPORTSANDMARKETS

Global Back Office Outsourcing in Financial Services Market,

Global Back Office Outsourcing in Financial Services Market by Manufacturers, Countries, Type and Application, Forecast to 2023

Back office outsourcing is a cost-effective arrangement that helps organizations to save up to 30% of its operational costs. This cost efficiency is achieved because the outsourcing companies help enterprises to manage routine responsibilities at very minimal costs, which in turn, reduces their overhead liabilities. Back office outsourcing companies offer several benefits to the financial institutions such as access to specific domain knowledge, best practices, new ideas, and high-quality talent for data-related services. With such quality outsourcing services, the organizations are able to deliver projects in lesser time and at affordable prices.

Scope of the Report:

This report studies the Back Office Outsourcing in Financial Services market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Back Office Outsourcing in Financial Services market by product type and applications/end industries.

A key growth driver for this market is the need for greater efficiency and productivity. Given the limited workforce and budget allocation, there are always few specific business operations that a company is not able to focus on properly. Expansion through outsourcing of these resource intensive back office functions, such as monitoring budgets, maintenance of database, fielding queries helps companies to refocus on activities that are integral to the company's growth. Also, a huge chunk of the burden of employees is also brought down through the outsourcing of these administrative and procedural back office responsibilities. This, in turn, helps them to utilize the saved time in working towards core competencies of the company. One challenge that could hamper market growth is the high attrition levels and employee turnover in BPO companies.

Get sample copy of this report: http://bit.ly/2via7Xd

Some of the key players operating in this market include: Accenture ,Infosys ,TCS ,Attra Infotech ,Birlasoft ,Capgemini ,Cognizant ,Dell ,eClerx ,Endava

The global Back Office Outsourcing in Financial Services market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.

The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.

North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Back Office Outsourcing in Financial Services.

Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.

TABLE OF CONTENT:

1 Back Office Outsourcing in Financial Services Market Overview

2 Manufacturers Profiles

3 Global Back Office Outsourcing in Financial Services Market Competition, by Players

4 Global Back Office Outsourcing in Financial Services Market Size by Regions

5 North America Back Office Outsourcing in Financial Services Revenue by Countries

6 Europe Back Office Outsourcing in Financial Services Revenue by Countries

7 Asia-Pacific Back Office Outsourcing in Financial Services Revenue by Countries

8 South America Back Office Outsourcing in Financial Services Revenue by Countries

9 Middle East and Africa Revenue Back Office Outsourcing in Financial Services by Countries

10 Global Back Office Outsourcing in Financial Services Market Segment by Type

11 Global Back Office Outsourcing in Financial Services Market Segment by Application

12 Global Back Office Outsourcing in Financial Services Market Size Forecast (2018-2023)

13 Research Findings and Conclusion

14 Appendix

Get Complete Report: http://bit.ly/2via7Xd

About Us:

Market research is the new buzzword in the market, which helps in understanding the market potential of any product in the market. Reports And Markets is not just another company in this domain but is a part of a veteran group called Algoro Research Consultants Pvt. Ltd. It offers premium progressive statistical surveying, market research reports, analysis & forecast data for a wide range of sectors both for the government and private agencies all across the world.

Contact Us:

Sanjay Jain
Manager - Partner Relations & International Marketing
www.reportsandmarkets.com
info@reportsandmarkets.com
Ph: +44-020-3286-9338 (UK)
Ph: +1-214-736-7666 (US)

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Back Office Outsourcing in Financial Services Market, Top key players are Accenture ,Infosys ,TCS ,Attra Infotech ,Birlasoft ,Capgemini ,Cognizant ,Dell ,eClerx ,Endava here

News-ID: 1713814 • Views: 616

More Releases from REPORTSANDMARKETS

Emotion Detection And Recognition System Market Capacity, Production and Growth …
Report Overview The market report for the global Emotion Detection And Recognition System market for the study period 2020 to 2026 marks a difference from past reports as it covers the market estimates and the various conditions that affect these estimates. The study focuses on the valuation of the market in the present scenario and the estimation of the market worth towards the end of the study period. The report also
Wind Turbine Systems Market (impact of COVID-19) Demand, Growth and Opportunity …
This research report focuses on the key companies to define and analyze the sales volume, market share, recent developments and overall competitive landscape of Wind Turbine Systems. The huge compilation of charts, tables, diagrams and graphs obtained in this research report helps in generating a strong niche for an in-depth analysis of the ongoing trends in the market. Further, the report analyzes the market share held by the key players
One Wheel Electric Scooter Market is expected to double its market size in Upcom …
Reportsandmarkets.com adds “Global One Wheel Electric Scooter Market Size, Status and Forecast 2019-2025” new report to its research database. The report spread across 132 pages with multiple tables and figures in it. This report studies the One Wheel Electric Scooter market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities
01-18-2021 | Sports
REPORTSANDMARKETS
Excellent Growth of E-Sports Market Key Players- Activision Blizzard, Epic Games …
Reportsandmarkets.com adds “Global E-Sports Market Size, Status and Forecast 2019-2025” new report to its research database. The report spread across 99 pages with multiple tables and figures in it. This report studies the E-Sports market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the

All 5 Releases


More Releases for Office

Lumibright New Spacious Office
Dear Valued Customers, We are glad to update you that October 2017 onwards we shifted our office to a more spacious, green and serene vicinity with ample parking facility . The nearest landmark is Gulf news. Make note of our new address IHG Corporate Office- 18 street, Dubai Investment Park – 2. +971 4 338 3448 sales@lumibright.co.uk LOCATION MAP: https://goo.gl/maps/uRgih4MjZYE2 All through these years, your unwavering loyalty and support has helped
Avolution Opens Singapore Office
Avolution, developer and supplier of software solutions for enterprise modeling, planning and IT strategy, announced today that it has opened a South East Asian office in Singapore. The announcement follows strong growth throughout 2014, which is projected to increase further over the next twelve months. “South East Asia continues to be a strong region for Avolution,” said Mark Denford, Asia-Pacific Manager, “and Singapore is at the centre of this growth. Singaporean government
New Bangkok Office
Bangkok / Ettlingen, 12/12/2012: i3 Consult - Specialist for Quality Assurance and Quality Management in the IT environment opened their new office in Bangkok. New Headquarters at "The Q-House Lumpini" Based on the positive business development the new i3 Consult Thailand office was opened at the renowned “The Q-House Lumpini” not far from the Lumpini Park and in the midst of the financial and economic district of the Thailand’s capital. i3 Consult wants
Office Cleaning Sacramento launches 'Clean Office. Happy Office' Campaign
Sacramento, California, USA. April 22, 2012: Office Cleaning Sacramento, one of the leading commercial cleaning services in Sacramento, has announced the launch of its brand new 'Clean Office. Happy Office' campaign and reach out to the various commercial establishments in the city more proactively. The aim of the campaign is to encourage the commercial establishments in the city to provide for a better environment and healthy working conditions to their
Office Relocation Planning Guide
As companies prepare for the future, an office relocation is proving to be an effective strategy for getting into better, cheaper and more appropriate office space. It can enable a business to consolidate, reduce excessive overheads and build a stronger platform from which to grow. Getting an office move right is a great opportunity to affect positive change management, improvement in business performance, increased morale and momentum - however,
Bigmouthmedia opens Spanish office
Bigmouthmedia announce continued expansion with the opening of a new office in Madrid. Marking the latest stage in the group's international expansion programme, Europe's largest independent digital marketing agency has now opened for business in Madrid. Led by two of Spain's best-known search professionals, the new office will offer bigmouthmedia's full range of search engine optimisation (http://www.bigmouthmedia.com/products_services/search_engine_optimisation/ ), PPC and digital marketing services to the Spanish market. "Spain is somewhere that