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Global IT Spending by Investment Banks - Market Research 2015-2019

Global IT Spending by Investment Banks - Market Research 2015-2019

Covering: The market size and forecast of the global IT spending by investment banks until 2019. The report includes an in-depth analysis of the emerging trends impacting the leading regions of the market such as the Americas, APAC, and EMEA along with their market shares. The leading vendors analyzed in this market research report include Accenture, Cognizant, Infosys, and TCS.Research scope and outlook of IT spending by investment banksThe global IT spending in investment banking is primarily driven by changing worldwide regulation compliances. This research report predicts that the market will account for USD 85 billion in terms of revenue over the next four years.To calculate the overall market spend on IT by investment banks, this report considers revenues generated from the sale of servers and storage, and networking equipment under the hardware segment. Under the software segment, application software and infrastructure software are taken into account while process management, hardware and software support are covered in the IT services segment.Global IT services spending in investment banking sector

  • Hardware
  • Software
  • Services
Technavio’s market research analysts estimate the global IT services spending in the investment banking sector to be a little over USD 41 billion in revenues in 2014. The market is witnessing a surge in the demand for cloud computing with investment banks shifting to a more customer-driven environment. The implementation of cloud technology has significantly improved banking standards and helped investment banks gauge the client’s perspective. This shift towards the adoption of cloud technology presents a significant cost implication in the migration process from legacy systems. It is expected to emerge as a decisive factor impacting the growth of the leading players during the forecast period. Geographical segmentation of the global IT spending by investment bank market
  • Americas
  • APAC
  • EMEA
Technavio market research analysts have observed that European banks, particularly the ones in Western Europe are reluctant to invest further on banking IT infrastructure development because of the ongoing Eurozone crisis. Investment banks in Europe are most likely to focus more on cost reduction over the next four years.However, countries in the Middle East have experienced tremendous growth in offshore application development and software testing activity on account of increasing government support. This trend is likely to impact the overall global spend on application outsourcing services in the future. Competitive landscape of the IT spending market by investment banks
  • Accenture
  • Cognizant
  • Infosys
  • TCS
Large investment banks such as J P Morgan, Goldman Sachs, Morgan Stanley, Merrill Lynch, and others like Deutsche Bank, Citigroup, and Credit Suisse First Boston are likely to scale up their IT spend during the forecast period. Thanks to intensified competition in online finance, a greater role for IT will present a significant opportunity for the leading market vendors over the next four years.The other prominent vendors of the market include Aegis, BCS Financial Group, Capco, Capgemini , Datatec, Dion, EMC , Genpact, idhasoft, informatica, KKR, Netapp, Oracle, Polaris, SAP, Symantec, TCS, TIBCO Software, T-Systems, Verizon, and Wipro.

Key questions answered in the report
  • What are the key factors driving the global IT spending by investment bank market?
  • What are the key market trends impacting the growth of the global IT spending by investment bank market?
  • What are the various opportunities and threats faced by the vendors in the global IT spending by investment bank market?
  • Trending factors influencing the market shares for EMEA, APAC, and Americas?
  • Key outcome of the five forces analysis on the global IT spending by investment bank market?
  • Growth forecast of the global IT spending by investment bank market until 2019?
Technavio also offers customization on reports based on specific client requirement.Related reports
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  • Press Release

    Technavio Announces the Publication of its Research Report – Global IT Spending by Investment Banks 2015-2019

    Technavio recognizes the following companies as the key players in the Global IT Spending by Investment Banks: Accenture, Cognizant, Infosys and TCS

    Other Prominent Vendors in the market are: Aegis, BCS Financial Group, Capco, Capgemini, Datatec, Dion, EMC, Genpact, idhasoft, informatica, KKR, Netapp, Oracle, Polaris, SAP, Symantec, TCS, TIBCO Software, T-Systems, Verizon, and Wipro.

    Commenting on the report, an analyst from Technavio’s team said: “Regulatory and market forces are driving investment banks to transform their capital market businesses to reduce complexity and operational costs. Some banks are not unable to accomplish this transformation effectively as high expense and unsatisfactory returns will force them to exit certain products. With unsatisfactory returns observed by clients, banks will allocate their funds on e-trading platforms to control their collateral and other products.”

    According to the report, growing incidences of cyberattacks and security threats have compelled many investment firms, including brokerage houses, to spend a significant amount of time and money toward IT risk management systems to optimize and mitigate risks. As the financial market has become more open and deregulated, risks faced by investment banks across geographies, asset classes, customer segments, functional departments, and products are major concerns in the market.

    Further, the report states that the investment banking sector is facing challenges in terms of high capitalization rates, stringent regulations, and increase in structured and unstructured data. Therefore, it is imperative to deploy technology that delivers timely and authenticated data without increasing associated costs.

    Companies Mentioned

    Accenture, Cognizant, Infosys, TCS, Aegis, BCS Financial Group, Capco, Capgemini, Datatec, Dion, EMC, Genpact, idhasoft, informatica, KKR, Netapp, Oracle, Polaris, SAP, Symantec, TCS, TIBCO Software, T-Systems, Verizon, Wipro.

    • Executive summary
    • Scope of the report
      • Market overview
      • Top vendor offerings
        • Table Product offerings
    • Market research methodology
      • Research methodology
      • Economic indicators
    • Introduction
      • Key market highlights
    • Market landscape
      • Market overview
      • About investment banks
        • Table Integration between front-, middle-, and back-end processes
      • IT transformation in investment banks
      • Market size and forecast
        • Table Global IT spending in investment banking 2014-2019 ($ billions)
      • Five forces analysis
        • Table Five forces analysis
    • Market segmentation by category
      • Table Global IT spending in investment banking: Market segmentation by category 2014
      • Table Segmentation of global IT spending market in investment banking 2014-2019
      • Global hardware spending segment in investment banking
        • Table Global hardware spending in investment banking 2014-2019 ($ billions)
      • Global software spending segment in investment banking
        • Table Global software spending in investment banking 2014-2019 ($ billions)
      • Global IT services spending segment in investment banking
        • Table Global IT services spending in investment banking sector 2014-2019 ($ billions)
        • Table Private cloud and public cloud spending in investment banking sector 2014-2019 ($ billions)
    • Geographical segmentation
      • Table Global IT spending in investment banking by region 2014
    • Market drivers
    • Impact of drivers
      • Table Impact of drivers
    • Market challenges
    • Impact of drivers and challenges
      • Table Impact of drivers and challenges
    • Market trends
    • Vendor landscape
      • Competitive scenario
      • Key vendors
        • Accenture
      • Cognizant
      • IBM
      • Infosys
      • TCS
      • Other prominent vendors
    • Key vendor analysis
      • Accenture
        • Table Segmentation by revenue
        • Table Product segmentation 2013 and 2014 ($ billions)
        • Table Financial services segment by revenue 2013 and 2014 ($ billions)
        • Table Communications, media, and technology segment by revenue 2013 and 2014 ($ billions)
        • Table Resources and others segment by revenue 2013 and 2014 ($ billions)
        • Table Health and public services segment by revenue 2013 and 2014 ($ billions)
        • Table Geographical segmentation by revenue 2014
      • Cognizant Technology Solutions
        • Table Cognizant Technology Solutions: Business segmentation by revenue 2014
        • Table Cognizant Technology Solutions: Business segmentation by revenue 2013 and 2014 ($ billions)
        • Table Cognizant Technology Solutions: Geographical segmentation by revenue 2014
      • IBM
        • Table Business segmentation 2014
        • Table GTS segment by revenue 2013 and 2014 ($ millions)
        • Table GBS segment by revenue 2013 and 2014 ($ millions)
      • Infosys
        • Table Infosys: Business segmentation by revenue 2014
        • Table Infosys: Business segmentation by revenue 2013 and 2014 ($ millions)
        • Table Infosys: Geographical segmentation by revenue 2014
      • TCS
        • Table TCS: Business segmentation by revenue 2015
        • Table TCS: Business segmentation by revenue 2014 and 2015 ($ billions)
        • Table TCS: Geographical segmentation by revenue 2015
        • Table Market segmentation by revenue 2015
        • Table Market segmentation by revenue 2014 and 2015
    • Appendix
      • List of abbreviations
    • Explore Technavio

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