2009 Top Banking, Financial Services and Capital Markets ITO Vendors, Black Book Survey 2009 Results published by Orbys Black Book in October, 2009. This report consists of 37 pages and the price starts from US $ 2500.
Abstract
In 2009 Black Book of Outsourcing client experience survey investigated a
subset of over 760 technology and application outsourcing contracts held by
108 of the top suppliers of the banking and capital markets industry.
In order to rank the organizations, 18 key performance indicators (KPIs) or
criteria are employed specific to infrastructure and application outsourcing
(AO) buyers within the banking and capital markets sector, scored on each
respective vendor and ranked per KPI.
Key finding: most important customer satisfaction KPIs in banking and capital markets AO sector
Trust, innovation, customization and reliability are the most important
attributes influencing banking and capital markets industry information
technology outsourcing (ITO) client satisfaction with their 2009 outsourcing
providers. All four KPIs were overwhelmingly praised by the clients of
Capgemini, which captured the overall honors of banking and capital markets
industry technology, and applications outsourcing service lines.
Key finding: vendor dissatisfaction is uncommon in the banking and capital markets industry technology and AO sector among top ranked suppliers
Strong dissatisfaction is uncommon in this niche ITO sector, occurring in only
7.1% of the retail banking client types, 5.3% in credit card banking and 6.7%
of investment banking clients.
US clients are among the most satisfied with banking and capital markets
industry outsourcing services delivery, averaging 91.4% with 2009 projects
delivered from North American and European-based suppliers. European banks
served by European technology vendors were the most satisfied (94.5%) of all
geographic locations matching clients experience with vendor delivery.
Stronger dissatisfaction was more commonly reported from engagements with
offshore outsourcing vendors, specifically India and the Philippines. Of all
surveyed banking and capital markets industry clients, 14.6% were at least
mildly dissatisfied with the delivery of ITO services from offshore.
Key finding: comprehensive services vendor arrangements from full service ITO vendors produce the highest satisfaction rates
Vendors offering comprehensive ITO (application services and infrastructure
services) ranked highest in the overall survey by clients. Banking and capital
markets industry clients showed significant preference for vendors who are
capable of offering more extensive service lines once satisfied with initial
applications projects.
Table of Contents
Summary
Methodology
Top 20 ASO Vendors
Stop Light Scoring Key
Overview of KPI Leaders
Individual Key Performance Indicator Detail
