Bank IT Outsourcing Plummeted In 2014 – Banking Exchange | In The News

“IT outsourcing (ITO) in the banking, financial services, and insurance industry witnessed a decline of 5% in number of transactions and a decline of 43% in total value of contracts in 2014, as buyers reduced spend due to high cost pressures from regulatory burdens, according to research by Everest Group.” Read More.

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