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Global Banking Services Category - Procurement Market Intelligence Report

Global Banking Services Category - Procurement Market Intelligence Report

About Banking Services

The global banking services market is registering a rise in demand from clients since the inception of web-based banking services such as mobile and internet banking. The banking services sector has been seeing a significant transformation in the needs related to the type of service that is demanded by clients.

Covered in this report

The report provides actionable insights to improve source-to-contract cycle performance in the Global Banking Services Market. Its helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

SpendEdge’s report, Global Banking Services Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Category driver

  • Inception of web-based banking services such as mobile and internet banking
  • For a full, detailed list, view our report
Category constraints
  • Fluctuations in macroeconomic scenarios
  • For a full, detailed list, view our report
Procurement best practices
  • Identify service providers who have elevated level of technological adoption
  • For a full, detailed list, view our report
Key questions answered in this report
  • What are the market dynamics?
  • What are the key market trends?
  • What are the category growth drivers ?
  • What are the constraints to category growth?
  • Who are the suppliers in this market?
  • What are the demand-supply shifts?
  • What are the major category requirements?
  • What are the procurement best practices in this market?


Press Release

SpendEdge Announces the Publication of its Procurement Research Report – Global Banking Services Category - Procurement Market Intelligence Report

SpendEdge recognizes the following companies as the key suppliers in the Global Banking Services Market:

HSBC

Wells Fargo

Bank of America

Citigroup

JPMorgan Chase

Commenting on the report, an analyst from SpendEdge said: “ Buyers in the banking services market should identify service providers who have elevated level of technological adoption. Technologies such as digital authentication through fingerprint and layered structure helps to enhance the security of transactions and data.”

According to the report, the rise in corporate globalization has increased the number of corporate transactions taking place, resulting in high demand for corporate banking services.

Further, the report states that the fluctuations in macroeconomic scenarios is one of the major procurement challenges faced by buyers in the banking services category. The liquidity level of a bank determines its ability to meet near-term financial obligations, such as cash withdrawals carried out by depositors. However, liquidity level of a bank is highly dependent on the macroeconomic factors such as inflation rate, unemployment rate, and GDP of the region.

Companies Mentioned

HSBC,Wells Fargo,Bank of America ,Citigroup,JPMorgan Chase

PART 1: CATEGORY AT A GLANCE
TAKEAWAY 01 | Market Overview
TAKEAWAY 02 | Demand and Supply Snapshot
TAKEAWAY 03 | Key Market Dynamics
TAKEAWAY 04 | Supply Market Highlights
TAKEAWAY 05 | Pricing Insights
TAKEAWAY 06 | Procurement Insights
PART 2: SCOPE OF THE REPORT
Category Definition
Research Methodology
PART 3: MARKET INSIGHTS
Category Spend Analysis
Category Maturity by Regions
Demand-Supply Shifts
Regional Demand-Supply Snapshot
Global Molasses Production Hubs
Market Developments
Regional Impact of Trends
Key Category Growth Drivers and Corresponding Regional Impacts
Major Category Growth Constraints and Corresponding Regional Impacts
Key Current Technological Innovations
Major Regulatory Frameworks
Strategic Sustainability Practices
Porter’s Five Forces
PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
Supplier Operational Capability Matrix
Other Prominent Suppliers by Region: Operational Capability Matrix
Supplier Functional Capability Matrix
Other Prominent Suppliers by Region: Functional Capability Matrix
Key Clients/Partners
Supplier Cost Breakup
Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
Pricing Models Snapshot
Pricing Models – Pros and Cons
Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
Major Category Requirements
Major Procurement Pain Points
Category Sourcing Evolution Matrix
Procurement Best Practices
Cost-saving Opportunities
Supplier Selection Criteria
Category Negotiation Strategies
SLA Terms
Supplier Evaluation Criteria
Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
HSBC
Wells Fargo
Bank of America
Citigroup
JPMorgan Chase
PART 8: APPENDIX
Glossary
Key Notes
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