Published: 27 March 2024
IT service providers face increasing competition for talent, partnerships and assets that create value for the banking industry. This research will enable them to understand how to align their capabilities and go-to-market messaging to differentiate themselves from other service providers.
Enterprise business initiatives driving the maximum revenue for vendors in the banking and investment services market include developing new products and services, and improving upon existing technology, operational agility (and cost optimization), speed to market and customer experiences.
Cloud technology, APIs and microservices, data and analytics (D&A) and AI/machine learning (ML) are the most important skills and offerings IT services vendors provide to banks.
Application consulting services are generating the most revenue in the banking-related IT services consulting space, closely followed by IT strategy and governance consulting.
IT service providers assessing the banking and investment services opportunity for industry markets
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Analysts:
Jeff Casey, Rajesh Narayan
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