Global Back Office Outsourcing in Financial Services Market: Global Market Size, Trends, Competitive, Historical & Forecast Analysis, 2019-2025

Report ID: BMRC 1964 | Number of pages: 193 | Publish Date: Jan 2020 | Publisher: BMRC | Category: BFSI
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Latest research report on Back Office Outsourcing in Financial Services Market delivers a comprehensive study on current market trends. The outcome also includes revenue forecasts, statistics, market valuations which illustrates its growth trends and competitive landscape as well as the key players in the business.

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. 

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.

This report focuses on the global Back Office Outsourcing in Financial Services status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Back Office Outsourcing in Financial Services development in United States, Europe and China.

The key players covered in this study
    Accenture
    Infosys
    TCS
    Attra Infotech
    Birlasoft
    Capgemini
    Cognizant
    Dell
    eClerx
    Endava

Market segment by Type, the product can be split into
    Hardware
    Software
    Services

Market segment by Application, split into
    Large Players
    Small Players

Market segment by Regions/Countries, this report covers
    United States
    Europe
    China
    Japan
    Southeast Asia
    India
    Central & South America

The study objectives of this report are:

    To analyze global Back Office Outsourcing in Financial Services status, future forecast, growth opportunity, key market and key players.
    To present the Back Office Outsourcing in Financial Services development in United States, Europe and China.
    To strategically profile the key players and comprehensively analyze their development plan and strategies.
    To define, describe and forecast the market by product type, market and key regions.

In this study, the years considered to estimate the market size of Back Office Outsourcing in Financial Services are as follows:
    History Year: 2014-2018
    Base Year: 2018
    Estimated Year: 2019
    Forecast Year 2019 to 2025


For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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Table of Content
1. Chapter - Report Methodology
1.1. Research Process 
1.2. Primary Research 
1.3. Secondary Research
1.4. Market Size Estimates
1.5. Data Triangulation
1.6. Forecast Model 
1.7. USP’s of Report 
1.8. Report Description 
2. Chapter – Global Back Office Outsourcing in Financial Services Market Overview: Qualitative Analysis
2.1. Market Introduction
2.2. Executive Summary 
2.3. Global Back Office Outsourcing in Financial Services Market Classification
2.4. Market Drivers
2.5. Market Restraints
2.6. Market Opportunity
2.7. Back Office Outsourcing in Financial Services Market: Trends
2.8. Porter’s Five Forces Analysis
2.8.1. Bargaining Power of Suppliers
2.8.2. Bargaining Power of Consumers
2.8.3. Threat of New Entrants
2.8.4. Threat of Substitute Product and Services
2.8.5. Competitive Rivalry within the Industry
2.9. Market Attractiveness Analysis 
2.9.1. Market Attractiveness Analysis by Segmentation 
2.9.2. Market Attractiveness Analysis by Region 
3. Chapter - Global Back Office Outsourcing in Financial Services Market Overview: Quantitative Analysis
3.1. Global Back Office Outsourcing in Financial Services Market Revenue (USD Million), Market Share (%) and Growth Rate (%), 2014- 2025
3.2. Global Back Office Outsourcing in Financial Services Market Revenue Market Share (%), 2014- 2025
3.3. Global Back Office Outsourcing in Financial Services Market Sales (Number of Units), Market Share (%) and Growth Rate (%), 2014- 2025
3.4. Global Back Office Outsourcing in Financial Services Market Sales Market Share (%), 2014- 2025
4. Chapter – Global Back Office Outsourcing in Financial Services Market Analysis: Segmentation By Type
5. Chapter – Global Back Office Outsourcing in Financial Services Market Analysis: Segmentation By Application
6. Chapter - Global Back Office Outsourcing in Financial Services Market Analysis: By Manufacturer 
6.1. Global Back Office Outsourcing in Financial Services Market Revenue (USD Million), by Manufacturer, 2014 - 2025
6.2. Global Back Office Outsourcing in Financial Services Market Share (%), by Manufacturer, 2018
6.3. Global Back Office Outsourcing in Financial Services Market Sales (Number of Units), by Manufacturer, 2014 - 2025
6.4. Global Back Office Outsourcing in Financial Services Market Share (%), by Manufacturer, 2018
6.5. Global Back Office Outsourcing in Financial Services Market Price (USD/Unit), by Manufacturer, 2014 - 2025
6.6. Global Back Office Outsourcing in Financial Services Market Revenue Growth Rate (%), by Manufacturer, 2014 – 2025
6.7. Merger & Acquisition
6.8. Collaborations and Partnership
6.9. New Product Launch
7. Chapter –Back Office Outsourcing in Financial Services Market: Regional Analysis
7.1. North America
7.1.1. North America Back Office Outsourcing in Financial Services Market Revenue (USD Million) and Growth Rate (%), 2014 – 2025.
7.1.2. North America Back Office Outsourcing in Financial Services Market Revenue (USD Million) By Country, 2014 – 2025.
7.1.3. North America Back Office Outsourcing in Financial Services Revenue Market Share (%) By Country, 2014 – 2025.
7.1.4. North America Back Office Outsourcing in Financial Services Market Revenue (USD Million) and Growth Rate, By Market Segmentation, 2014 – 2025.
7.1.5. North America Back Office Outsourcing in Financial Services Market Revenue (USD Million), Market Share (%) and Growth Rate, By Market Segmentation, 2014 – 2025.
7.1.6. North America Back Office Outsourcing in Financial Services Market Sales (Number of Units) and Growth Rate (%), 2014 – 2025.
7.1.7. North America Back Office Outsourcing in Financial Services Market Sales (Number of Units) By Country, 2014 – 2025.
7.1.8. North America Back Office Outsourcing in Financial Services Sales Market Share (%) By Country, 2014 – 2025.
7.1.9. North America Back Office Outsourcing in Financial Services Market Sales (Number of Units) and Growth Rate, By Market Segmentation, 2014 – 2025.
7.1.10. North America Back Office Outsourcing in Financial Services Market Sales (Number of Units), Market Share (%) and Growth Rate, By Market Segmentation, 2014 – 2025.
7.2. Europe
7.3. Asia Pacific
7.4. Latin America
7.5. Middle East & Africa
8. Chapter - Company Profiles
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