The Use of Infrastructure Outsourcing Continues to Increase in the Financial Services Sector
September 27, 2006
The Use of Infrastructure Outsourcing Continues to Increase in the Financial Services Sector. Check it out:DUBLIN, Ireland --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/reports/c42809) has announced the addition of the new report from Datamonitor "End User Trends in Financial Services Outsourcing (Customer Focus)" to their offering.
The infrastructure and application services outsourcing market has moved to a more strategic business model with the financial services institutions showing increasing interest in enterprise wide outsourcing of their infrastructure and applications domains.
Scope of this title:
The analysis is based on interviews with over 200 financial services institutions from the Americas, Asia Pacific and EMEA.
The brief is focused on demonstrating financial services current and future infrastructure and applications outsourcing services take-up.
Highlights of this title include:
The results of the research indicate that outsourcing is being viewed as a strategic tool for achieving the financial services main business and IT objectives. Although the suitability of outsourcing to achieve business objectives varies by lines of business.
While more than half of the respondents currently outsourcing their infrastructure and applications domains, roughly the same amount of FSIs expect to increase their infrastructure and applications outsourcing usage in the next two years.
Applications development is touted as the most outsourced area in the financial services sector, while Maintenance/Support/Break fix is the most outsourced area on the infrastructure side.
Reasons to order your copy:
To improve understanding of the financial services application outsourcing services market.
To improve positioning relative to competitors and market opportunity.
Key Points Covered:
Outsourcing is a major enabler of change in the financial services sector
Outsourcing is intrinsic to meeting corporate objectives
"Variabilization" of costs and overall IT rationalization are the primary motivators for outsourcing
Outsourcing is a major vendor opportunity despite high take-up levels
Increased outsourcing by current customers will fuel IT domains outsourcing market growth
Applications development is touted as the most outsourced area in the financial services sector
The use of infrastructure outsourcing in the financial services continues to increase
Internal servicing remains the default situation with many FSIs apprehensive of outsourcing
List of Tables Include:
Table 1: The financial services main IT business objectives highly likely to be achieved through outsourcing
Table 2: The financial services institutions infrastructure and applications outsourcing
Table 3: The financial services overall outsourcing strategy by line of business
List of Figures Include:
Figure 1: The financial services primary IT and business objectives / objectives highly likely to be achieved through outsourcing
Figure 2: The financial services top five IT business objectives highly likely to be achieved through outsourcing, by line of business
Figure 3: The main drivers for outsourcing in the financial services
Figure 4: Infrastructure / applications domains currently outsourced
Figure 5: The financial services infrastructure / applications outsourcing (at least one function)
Figure 6: The financial services applications outsourcing
Figure 7: The financial services infrastructure outsourcing
Figure 8: The financial services overall outsourcing strategy
For more information visit http://www.researchandmarkets.com/reports/c42809
Source: Datamonitor
Related Tags: financial services, infrastructure applications, figure financial, applications outsourcing, services sector, outsourcing
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