Financial Crime and Compliance (FCC) operations are steadily growing, as financial institutions, including banks and nonbanks, work to meet business, operational, and financial goals while adhering with necessary regulations. The regulatory landscape could be difficult for enterprises to navigate, and, hence, enterprises are increasingly looking for end-to-end support to meet regulatory requirements.
To serve this need, providers are augmenting their capabilities and offering advisory and platform-led services, and advanced digital solutions.
In this research, we present the state of the FCC operations market and provider landscape, highlighting the providers featured on the FCC Operations – Services PEAK Matrix® 2022.
Scope
Industry: BFS
Geography: global
This report is based on data collected through Everest Group’s annual RFI process for the calendar year 2021, interactions with leading FCC operations service providers, client reference checks, and an ongoing analysis of the FCC operations market
Contents
In this study, we investigate the state of the FCC market and examine:
Emerging drivers and challenges that enterprises face in FCC outsourcing
Financial Crime and Compliance (FCC) operations continue to grow within the Banking and Financial Services (BFS) industry. Given the increase in regulatory norms and technology advances, banks, financial institutions, and other emerging institutions…
