London, 21 October 2014: TechNavio, the independent tech-focused global research firm, has published a report on the Global Middle Office Outsourcing Market 2014-2018, which is expected to grow at a CAGR of 7.78 percent during the forecast period of 2013-2018.
Middle office outsourcing is a sub-segment of the Capital Markets industry and refers to the transfer of operational activities such as value-added services, trade processing and settlement, asset pricing and accounting, and asset servicing and reporting to an external organization, which includes custodian banks or other specialist administrators.
“Most of the middle office functions are outsourced and have converged with all mutual fund operations completed on a daily basis,” says Faisal Ghaus, Vice President of TechNavio.
“In asset management operations, such changes have expanded opportunities for service providers to exploit economies of scale in offering outsourcing services.”
Key Market Drivers
- Strategic Capabilities
- Potential Cost Savings
- Reduced Operational Risk
Key Market Trends
- Shift Toward Real-time Processing
- Component-based Model
- Integration of Sourcing Strategies
- Reference Data Management for Middle Office Outsourcing
Key Market Vendors
- BNYM
- Citi Group
- JPMC
- State Street
To define the market circumstances in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
