Banking BPS Market - Global Industry Analysis

Banking BPS Market

Global Banking BPS Market: By Services, Industry Size, Share, Trends, Growth Opportunities, Analysis and Forecast, 2018–2025

Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-4096 Published Date: May-2019 Status : Published

Table Of Content


Free Analysis

Banking BPS is a matured, large-scale business, which is highly adoption by tier 1 banks in mature markets, whereas shows low adoption by mid/small tier banks in emerging markets. Vendors are offering elemental processes that are mainly focused on reconciliation, disputes, and data management from distant locations. According to HCL, business process services are outsourced to organizations that specialize in performing outsourcing activities. Specific business processes that are not the core competencies of an organization can be outsourced to companies specializing in those specific activities. This gives those companies greater flexibilities in terms of managing both their finances and operations. Most global markets have matured the way business is delivered in this dynamic economy. Banking BPS services provide a low-risk approach to transform banking operations and improving their bottom line.

Globally, the banking BPS market is growing due to the increase in the overall digitalization, centralization, and competition in the banking sector across the world. The banking BPS market is established in mature markets and is fuelled affordability and quality that improves accuracy, reduces TAT, and allows access to labor arbitrage. Banking BPS solutions are compliant to major sectors. A shift from risk- to transaction-based products requires a lower cost of delivery at any volume. The need to increase revenues to offset margin declines is done by shifting focus from product to customer, including customer value maximization (mature markets) and customer acquisition (emerging markets). However, the lack of professionals and technology in many parts of developing economies may restrain the global banking BPS market.

Global Banking BPS Market

By operation, the market covers front office (customer management services, document management, and sales and marketing outsourcing), middle office (insurance BPS, banking BPS, and healthcare providers BPS), and back office (F&A outsourcing and procurement). By service, the market includes core banking BPS, mortgage and loan BPS (origination services BPS and mortgage and loan administration BPS), payment services BPS (cheque processing BPS, credit card processing BPS and EFT services BPS), and securities processing BPS (portfolio services BPS and trade services BPS).

In terms of revenue, North America holds the largest market share of the global banking BPS market. This growth of the North American banking BPS market is attributed to the adoption of technological advancement by the banking sector, increasing government initiatives, growing BPS awareness, and a high literacy rate of the regional population.

Some key participants operating in the global banking BPS market include Atos, Avaloq, Capgemini, Cognizant, Concentrix, FirstSource, FIS, Genpact, HCL, Hexaware Technologies, Infosys, NIIT, SLK, Tata BSS, TCS, Wipro, and WNS.

Choose License Type

  • zion payment modes


Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651

We Are On Social

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed