Research and Markets: Digitization Trends in the Financial Services Industry

DUBLIN--()--Research and Markets (http://www.researchandmarkets.com/research/zbtlzz/digitization) has announced the addition of the "Digitization Trends in the Financial Services Industry" report to their offering.

Digitization Trends in the Financial Services Industry is a new report by Timetric that globally analyzes executives' opinions on digitization trends, and identifies key factors and objectives driving and influencing organizations towards its adoption. The report also examines executives' viewpoints about preferred digital technology for back-office operations in the financial services industry. It also highlights major challenges faced by organizations in the successful implementation of digitization, and evaluates projected budget allocations to digitization over the next two years.

Scope

  • The report examines key factors driving digitization in the financial services industry
  • The report identifies major challenges faced by organizations in the successful implementation of digitization
  • The report assesses how organizations are implementing, or planning to implement, digitization, and identifies preferred digital technology for back-office operations in the financial services industry
  • The report evaluates expected changes in product ranges and services offered as a result of digitization
  • The report examines overall budget shares that organizations intend to invest in digitization over the next two years
  • The report highlights executives' expectations about changes in revenues resulting from value-added services over the next two years
  • The report examines the importance of social media in the future prospects of digitization in the financial services industry
  • The report identifies regions which will show the greatest advances in digitization over the next two years

Key Highlights

  • Cost reductions and improvements in customer service and engagement are driving digitization in the financial services industry
  • Most organizations are implementing or planning to implement digitization by themselves
  • Business process management is the most preferred digital technology for back-office operations
  • Revenues resulting from value-added services are projected to increase by 10.5% over the next two years
  • Asia and North America will show greatest advances in digitization over the next two years

Key Topics Covered:

  1. Methodology and sample size
  2. Key goals to be achieved through digitization
  3. Key drivers of digitization
  4. Major challenges in the successful implementation of digitization
  5. Organizations' approaches to digitization strategy
  6. Preferred digital technology for back-office operations in the financial services industry
  7. Impact and influence of digitization on product range and services
  8. Projected services under digitization
  9. Projected budget allocations to digitization over the next two years
  10. Revenue projections from value-added services over the next two years
  11. Influence of social media on digitization prospects
  12. Regions with significant advancement potential for digitization over the next two years
  13. Appendix

Companies Mentioned

  • Citi Private Bank
  • First National Bank
  • Mashreq Bank

For more information visit http://www.researchandmarkets.com/research/zbtlzz/digitization

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking and Financial Services

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Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Banking and Financial Services