Global Banking BPS Market Is Expected To Reach Around USD 19,712 Million By 2025

08-May-2019 | Zion Market Research

Zion Market Research has published a new report titled “Banking BPS Market by Operations (Front Office, Middle Office, and Back Office) and by Service (Core Banking BPS, Mortgage & Loan BPS, Payment Services BPS, and Securities Processing BPS): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025”. According to the report, the global banking BPS market accounted for USD 10,645 million in 2018 and is expected to reach approximately USD 19,712 million by 2025, at a CAGR of around 9.22% between 2019 and 2025.

Banking BPS is a matured, large-scale business, which is generally adopted by tier 1 banks in mature markets. Vendors are offering elemental processes that are mainly focused on reconciliation, disputes, and data management from distant locations. According to HCL Technologies, business process services are services outsourced to companies specializing in outsourcing activities. The business processes that are not a part of the core competencies of a company are outsourced to vendors that specialize in those particular 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.

Browse the full “Banking BPS Market by Operations (Front Office, Middle Office, and Back Office) and by Service (Core Banking BPS, Mortgage & Loan BPS, Payment Services BPS, and Securities Processing BPS): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2018–2025” Report at

Global Banking BPS Market

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, such as the U.S. and UK, and is fuelled affordability and quality that improves accuracy, reduces TAT, and allows access to labor arbitrage. The need to increase revenues to offset margin declines is done by shifting the focus from products to customers, 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.

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.

This report segments the global banking BPS market into:

Global Banking BPS Market: Operation Analysis

  • Front Office
    • Customer Management Services
    • Document Management
    • Sales and Marketing Outsourcing
  • Middle Office
    • Insurance BPS
    • Banking BPS
    • Healthcare Providers BPS
  • Back Office
    • F&A Outsourcing
    • Procurement

Global Banking BPS Market: Service Analysis

  • Core Banking BPS
  • Mortgage and Loan BPS
    • Origination Services BPS
    • Mortgage and Loan Administration BPS
  • Payment Services BPS
    • Cheque Processing BPS
    • Credit Card Processing BPS
    • EFT Services BPS
  • Securities Processing BPS
    • Portfolio Services BPS
    • Trade Services BPS

Global Banking BPS Market: Regional Analysis

  • North America
    • The U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

About Us:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651

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