The capital markets industry is transforming to enhance operational efficiencies and reduce costs. Firms are streamlining operations by automating processes, integrating new technologies, and outsourcing non-core activities such as IT management and back-office functions.

There is a significant shift toward emerging technologies. Enterprises leverage AI and Machine Learning (ML) for predictive analytics, automated trading, and personalized financial advice. Blockchain is vital to improve transaction transparency, reduce fraud, and accelerate processing times.

Regulatory compliance is becoming stricter, compelling firms to adopt agile compliance strategies. Enterprises are investing in Regulatory Technologies (RegTech) to manage compliance efficiently across global regulations. Additionally, cybersecurity has become vital, requiring firms to implement robust measures to protect sensitive data and secure digital transactions.

In this report, we analyze 27 capital markets IT service providers featured on Everest Group’s proprietary PEAK Matrix^® framework as Leaders, Major Contenders, and Aspirants.

Scope

• Industry: Banking and Financial Services (BFS)
• Geography: global
• This report is based on Everest Group’s annual RFI process for the calendar year 2024, interactions with leading technology and IT services providers, client reference checks, and an ongoing analysis of the capital markets IT services market

Contents

In this report, we:

• Examine key trends in the capital markets IT services industry
• Classify 27 capital markets IT service providers as Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix^® framework as Leaders, Major Contenders, and Aspirants
• Discuss the IT service providers’ competitive landscape for capital markets IT services in BFS
• Assess providers’ key strengths and limitations

Membership(s)

Banking Information Technology

Asset and Wealth Management

Financial Services Technology (FinTech)

Sourcing and Vendor Management