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(MoneyNewsWire.Net, May 25, 2017 ) Outsourcing refers to the transfer of business functions or services to a third-party service provider on a contractual basis. Companies primarily outsource to reduce costs and reap potential benefits such as gaining access to skilled expertise, flexible staffing, reduce turnaround time, improve efficiency, and generate more profits.
Outsourcing is often divided into two broad categories, back office outsourcing, and front office outsourcing. Front office outsourcing often deals with customer-related services such as marketing. Back office functions comprise those tasks that help in keeping a business running smoothly and efficiently. They, however, do not make up the core of the company business.
Publisher's analysts forecast the Global Back Office Outsourcing Market in the Financial Services Sector to grow at a CAGR of 7.46% during the period 2016-2020.
For more information about this report: http://www.reportsweb.com/global-back-office-outsourcing-market-in-the-financial-services-sector-2016-2020 .
Covered in this report
The report covers the present scenario and the growth prospects of the Global Back Office Outsourcing Market in the Financial Services Sector for 2016-2020.
The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA
Publisher's report, Global Back Office Outsourcing Market in the Financial Services Sector 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
-Accenture
-IBM
-Infosys
-TCS
Request Sample Copy at http://www.reportsweb.com/inquiry&RW0001242783/sample .
Other prominent vendors
-Aegis
-Attra Infotech
-Birlasoft
-Capgemini
-CGI
-Cognizant
-CSC
-Dell
-eClerx
-Endava
-EPAM
-EXL
-HCL
-Hexaware
-HP
-iGate
-Infosys
-ITC Infotech
-L&T Infotech
-Luxoft
-Mindtree
-Mphasis
-NIIT Technologies
-Polaris Consulting and Services
-Serco Global Services
-Softtek
-Sutherland Global Services
-Syntel
-Tech Mahindra
-Unisys
-Virtusa
-Viteos Fund Services
-Wipro
-WNS
-Xchanging
-Xerox
-Zensar
Market driver
-Greater efficiency and productivity
-For a full, detailed list, view our report
Market challenge
-High level of attrition and employee turnover
-For a full, detailed list, view our report
Market trend
-Increased adoption of digital and mobile solutions
-For a full, detailed list, view our report
Inquire for Report at http://www.reportsweb.com/inquiry&RW0001242783/buying .
ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
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