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Digitization Trends in the Financial Services Industry

 

Naperville, IL -- (SBWIRE) -- 09/08/2014 -- Reportstack, provider of premium market research reports announces the addition of Digitization Trends in the Financial Services Industry market report to its 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 features the opinions of financial services industry respondents about digitization trends in the financial services industry, covering the following aspects:
Key drivers for digitization
Pressing concerns in the successful implementation of digitization
Organizations' approaches to digitization strategy
The impact and influence of digitization on product ranges and services
Projected budget allocations to digitization over the next two years
Revenue projections from value-added services over the next two years
The influence of social media on digitization prospects

Reasons to Buy
The report highlights key goals which organizations intend to achieve through digitization, enabling companies to restructure their business plans.
The report enables readers to take strategic decisions by understanding organizations approaches to digitization, and identifying major challenges faced by organizations in the successful implementation of digitization.
The report examines expected changes in product ranges and services offered as a result of digitization. This will help companies to improve customer service and strengthen product development.
The report provides expectations about budget allocations to digitization over the next two years, which are likely to influence growth prospects.
The report highlights regions with significant advancement potential for digitization over the next two years. This will help to design better business expansion plans.

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

Companies Mentioned

Citi Private Bank
First National Bank
Mashreq Bank

To view the table of contents for this market research report please visit
http://www.reportstack.com/product/169741/digitization-trends-in-the-financial-services-industry.html

Contact:
Roger Campbell
roger@reportstack.com
Naperville
Illinois
United States
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