US$9 Billion up for Renewal in European Banking and Capital Markets Space | Market Insights™

Posted On January 26, 2014

ITO EU Banking and Cap Mkt SPL - EGR-2013-11-R-1029-I2

 

US$9 billion up for renewal in European banking and capital markets space

About US$9 billion in large AO contracts are up for renewal by 2016 in Europe (74% of the renewals in banking; 26% in capital markets). The biggest chunk of renewals for banking, 37% of the subsegment total, is in 2014; for the capital markets subsegment, the largest renewal year is 2015, with 42% of the subsegment total.

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