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Banking BPS Market - Global Industry Analysis

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

Published Date: 08-May-2019 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-4096 Status : Published

Global banking BPS market expected to reach approximately USD 19,712 million by 2025, at a CAGR of around 9.22% between 2019 and 2025. 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.

Description

The report covers a forecast and an analysis of the banking BPS market on a global and regional level. The study provides historical data for 2016, 2017, and 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study includes drivers and restraints of the banking BPS market along with their impact on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the banking BPS market on a global level.

This report offers comprehensive coverage of the global banking BPS market along with market trends, drivers, and restraints. This report also includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces Model for the banking BPS market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

Global Banking BPS Market

The study provides a decisive view of the banking BPS market based on operation, service, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. These regions are further sub-segmented into the U.S., Canada, Germany, UK, France, China, Italy, Japan, India, and Brazil.

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
  • Middle East and Africa

Table Of Content

  • Chapter 1. Introduction
    • 1.1. Report Description And Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  •  
  • Chapter 2. Executive Summary
    • 2.1. Global Banking BPS Market, 2016-2025 (USD Million)
    • 2.2. Global Banking BPS Market: Snapshot
  •  
  • Chapter 3. Banking BPS market - Industry Dynamics
    • 3.1. Introduction
    • 3.2. Value Chain Analysis
    • 3.3. Market Drivers
      • 3.3.1. Global Banking BPS Market Drivers: Impact Analysis
      • 3.3.2. Increasing public sector banks
      • 3.3.3. Rising lending and deposition of money
      • 3.3.4. Growing working population base
    • 3.4. Global Banking BPS market Restraints: Impact Analysis
      • 3.4.1. Cybercrime and cyber attacks
    • 3.5. Opportunities
      • 3.5.1. Geographical expansion
      • 3.5.2. Constant technological advancements
    • 3.6. Porter's Five Forces Analysis
    • 3.7. Market Attractiveness Analysis
      • 3.7.1. Market Attractiveness Analysis, by Operation
      • 3.7.2. Market Attractiveness Analysis, by Service
      • 3.7.3. Market Attractiveness Analysis, by Region
  •  
  • Chapter 4. Global Banking BPS market - Competitive Landscape
    • 4.1. Company Market Share, 2016 (Subject To Data Availability)
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Source Launch
      • 4.2.3. Agreements, Partnerships, Collaborations, And Joint Ventures
      • 4.2.4. Research And Development And Regional Expansion
  •  
  • Chapter 5. Global Banking BPS market - Operation Analysis
    • 5.1. Global Banking BPS market: Operation Overview
      • 5.1.1. Global Banking BPS market Revenue Share, By Service, 2018 and 2025
    • 5.2. Front Office
      • 5.2.1. Global Banking BPS market for Front Office, 2016-2025 (USD Million)
    • 5.3. Middle Office
      • 5.3.1. Global Banking BPS market for Middle Office, 2016-2025 (USD Million)
    • 5.4. Back Office
      • 5.4.1. Global Banking BPS market for Back Office, 2016-2025 (USD Million)
  •  
  • Chapter 6. Global Banking BPS market - Service Analysis
    • 6.1. Global Banking BPS market: Service Overview
      • 6.1.1. Global Banking BPS market Revenue Share, By Service, 2018 and 2025
    • 6.2. Core Banking BPS
      • 6.2.1. Global Banking BPS market for Core Banking BPS, 2016-2025 (USD Million)
    • 6.3. Mortgage and Loan BPS
      • 6.3.1. Global Banking BPS market for Mortgage and Loan BPS, 2016-2025 (USD Million)
    • 6.4. Payment Services BPS
      • 6.4.1. Global Banking BPS market for Payment Services BPS, 2016-2025 (USD Million)
    • 6.5. Securities Processing BPS
      • 6.5.1. Global Banking BPS market for Securities Processing BPS, 2016-2025 (USD Million)
  •  
  • Chapter 7. Global Banking BPS Market: Regional overview
    • 7.1.. Global Banking BPS Market revenue share, by Region, 2018 and 2025
    • 7.2. North America
      • 7.2.1. North America Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
      • 7.2.2. North America Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.2.3. The U.S.
        • 7.2.3.1. The U.S. Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.2.3.2. The U.S. Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.2.4. Canada
        • 7.2.4.1. Canada Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.2.4.2. Canada Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.2.5. Rest of North America
        • 7.2.5.1. Rest of North America Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.2.5.2. Rest of North America Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
    • 7.3. Europe
      • 7.3.1. Europe Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
      • 7.3.2. Europe Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.3.3. U.K.
        • 7.3.3.1. U.K. Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.3.3.2. U.K. Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.3.4. Germany
        • 7.3.4.1. Germany Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.3.4.2. Germany Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.3.5. France
        • 7.3.5.1. France Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.3.5.2. France Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.3.6. Rest of Europe
        • 7.3.6.1. Rest of Europe Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.3.6.2. Rest of Europe Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
    • 7.4. Asia Pacific
      • 7.4.1. Asia Pacific Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
      • 7.4.2. Asia Pacific Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.4.3. China
        • 7.4.3.1. China Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.4.3.2. China Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.4.4. Japan
        • 7.4.4.1. Japan Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.4.4.2. Japan Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.4.5. India
        • 7.4.5.1. India Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.4.5.2. India Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.4.6. Rest of Asia Pacific
        • 7.4.6.1. Rest of Asia Pacific Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.4.6.2. Rest of Asia Pacific Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
    • 7.5. Latin America
      • 7.5.1. Latin America Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
      • 7.5.2. Latin America Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.5.3. Brazil
        • 7.5.3.1. Brazil Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.5.3.2. Brazil Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
      • 7.5.4. Rest of Latin America
        • 7.5.4.1. Rest of Latin America Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
        • 7.5.4.2. Rest of Latin America Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
    • 7.6. The Middle East and Africa
      • 7.6.1. The Middle East and Africa Banking BPS Market revenue, by Operation, 2016-2025 (USD Million)
      • 7.6.2. The Middle East and Africa Banking BPS Market revenue, by Service, 2016-2025 (USD Million)
  •  
  • Chapter 8. Company Profiles
    • 8.1. Atos
      • 8.1.1. Overview
      • 8.1.2. Financial Overview
      • 8.1.3. Operations Portfolio
      • 8.1.4. Business strategy
      • 8.1.5. Recent Developments
    • 8.2. Avaloq
      • 8.2.1. Overview
      • 8.2.2. Financial Overview
      • 8.2.3. Operations Portfolio
      • 8.2.4. Business strategy
      • 8.2.5. Recent Developments
    • 8.3. Capgemini
      • 8.3.1. Overview
      • 8.3.2. Financial Overview
      • 8.3.3. Operations Portfolio
      • 8.3.4. Business strategy
      • 8.3.5. Recent Developments
    • 8.4. Cognizant
      • 8.4.1. Overview
      • 8.4.2. Financial Overview
      • 8.4.3. Operations Portfolio
      • 8.4.4. Business strategy
      • 8.4.5. Recent Developments
    • 8.5. Concentrix
      • 8.5.1. Overview
      • 8.5.2. Financial Overview
      • 8.5.3. Operations Portfolio
      • 8.5.4. Business strategy
      • 8.5.5. Recent Developments
    • 8.6. FirstSource
      • 8.6.1. Overview
      • 8.6.2. Financial Overview
      • 8.6.3. Operations Portfolio
      • 8.6.4. Business strategy
      • 8.6.5. Recent Developments
    • 8.7. FIS
      • 8.7.1. Overview
      • 8.7.2. Financial Overview
      • 8.7.3. Operations Portfolio
      • 8.7.4. Business strategy
      • 8.7.5. Recent Developments
    • 8.8. Genpact
      • 8.8.1. Overview
      • 8.8.2. Financial Overview
      • 8.8.3. Operations Portfolio
      • 8.8.4. Business strategy
      • 8.8.5. Recent Developments
    • 8.9. HCL
      • 8.9.1. Overview
      • 8.9.2. Financial Overview
      • 8.9.3. Operations Portfolio
      • 8.9.4. Business strategy
      • 8.9.5. Recent Developments
    • 8.10. Hexaware Technologies
      • 8.10.1. Overview
      • 8.10.2. Financial Overview
      • 8.10.3. Operations Portfolio
      • 8.10.4. Business strategy
      • 8.10.5. Recent Developments
    • 8.11. Infosys
      • 8.11.1. Overview
      • 8.11.2. Financial Overview
      • 8.11.3. Operations Portfolio
      • 8.11.4. Business strategy
      • 8.11.5. Recent Developments
    • 8.12. NIIT
      • 8.12.1. Overview
      • 8.12.2. Financial Overview
      • 8.12.3. Operations Portfolio
      • 8.12.4. Business strategy
      • 8.12.5. Recent Developments
    • 8.13. SLK
      • 8.13.1. Overview
      • 8.13.2. Financial Overview
      • 8.13.3. Operations Portfolio
      • 8.13.4. Business strategy
      • 8.13.5. Recent Developments
    • 8.14. Tata BSS
      • 8.14.1. Overview
      • 8.14.2. Financial Overview
      • 8.14.3. Operations Portfolio
      • 8.14.4. Business strategy
      • 8.14.5. Recent Developments
    • 8.15. TCS
      • 8.15.1. Overview
      • 8.15.2. Financial Overview
      • 8.15.3. Operations Portfolio
      • 8.15.4. Business strategy
      • 8.15.5. Recent Developments
    • 8.16. Wipro
      • 8.16.1. Overview
      • 8.16.2. Financial Overview
      • 8.16.3. Operations Portfolio
      • 8.16.4. Business strategy
      • 8.16.5. Recent Developments
    • 8.17. WNS
      • 8.17.1. Overview
      • 8.17.2. Financial Overview
      • 8.17.3. Operations Portfolio
      • 8.17.4. Business strategy
      • 8.17.5. Recent Developments

List of Figures 

1. Market Research Process
2. Market Research Methodology
3. Global Banking BPS Market, 2016–2025 (USD Million)
4. Porter’s Five Forces Analysis
5. Market Attractiveness Analysis by Operation
6. Market Attractiveness Analysis by Service
7. Market Attractiveness Analysis by Region
8. Global Banking BPS Market Revenue Share, By Operation, 2016–2025 (USD Million)
9. Global Banking BPS Market For Front Office, 2016–2025 (USD Million)
10. Global Banking BPS Market For Back Office, 2016–2025 (USD Million)
11. Global Banking BPS Market Revenue Share, By Service, (USD Million)
12. Global Banking BPS Market For Core Banking BPS, 2016–2025 (USD Million)
13. Global Banking BPS Market For Mortgage and Loan BPS, 2016–2025 (USD Million)
14. Global Banking BPS Market For Payment Services BPS, 2016–2025 (USD Million)
15. Global Banking BPS Market For Securities Processing BPS, 2016–2025 (USD Million)
16. North America Banking BPS Market, 2016–2025 (USD Million)
17. Europe Banking BPS Market, 2016–2025 (USD Million)
18. Asia Pacific Banking BPS Market, 2016–2025 (USD Million)
19. Latin America Banking BPS Market, 2016–2025 (USD Million)
20. The Middle East and Africa Banking BPS Market, 2016–2025 (USD Million)


List of Tables

1. Global Banking BPS Market: Snapshot
2. Drivers Of The Banking BPS Market: Impact Analysis
3. Restraints of The Banking BPS Market: Impact Analysis
4. North America Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
5. North America Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
6. The U.S. Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
7. The U.S. Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
8. Canada Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
9. Canada Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
10. Rest of North America Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
11. Rest of North America Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
12. Europe Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
13. Europe Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
14. U.K. Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
15. U.K. Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
16. Germany Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
17. Germany Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
18. France Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
19. France Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
20. Rest of Europe Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
21. Rest of Europe Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
22. China Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
23. China Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
24. Japan Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
25. Japan Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
26. India Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
27. India Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
28. Rest of Asia Pacific Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
29. Rest of Asia Pacific Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
30. Latin America Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
31. Latin America Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
32. Brazil Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
33. Brazil Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
34. Rest of Latin America Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
35. Rest of Latin America Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)
36. The Middle East and Africa Banking BPS Market Revenue, By Operation, 2016–2025 (USD Million)
37. The Middle East and Africa Banking BPS Market Revenue, By Service, 2016–2025 (USD Million)

Methodology

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.

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