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Nov29
Financial outsourcing trend is not declining, sorry
The trend of financial outsourcing from off shores is not declining (as per Cap Gemini) and in no way its reaching towards saturation, as some industry watchers suggested. Saturation? To a trend which so effectively is taking shape and so nascent, people instead are discussing about 'teething problems' and here we get to hear 'saturation.' Seems lot of noise where everyone tries to be in consulting mode. The segment is however skyrocketing at a scorching rate. One of the industry leaders, Cap Gemini, for example, which would employ 11,500 by 2006 plans to ramp up its intake by 35,000 by 2010. Financial services normally include capital markets, insurance, payments and other similar functions.

 

No, at present is not slowing down, please give it some time to mature first.  Saturation comes later.

 

http://www.it-director.com/business/content.php?cid=9022


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