Everest Group

MAY 24, 2024

How will the EU AI Act impact the financial services sector, and how should enterprises and service providers structure their compliance activities? In recent years, the rapid advancements in artificial intelligence — in particular, generative AI — have revolutionized various sectors, including financial services.

Service 162

Service Risk Management Risk Management Cybersecurity 162

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 246

Marketing Robotics Process Automation Service Insurance 246

Everest Group

MARCH 11, 2024

Cloud service providers are vital partners in helping Banking and Financial Services (BFS) institutions build robust systems for cloud migration and exit strategies to maneuver complex regulatory and operational environments. These approaches promise to ignite technological innovation. Contact us to discuss further.

Banking 147

Banking Service Regulations Flexibility 147

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 217

Marketing Robotics Process Automation Service Insurance 217

Everest Group

DECEMBER 26, 2024

APPLY ON LINKEDIN Job Title: Senior Analyst – Presales Solution Location City: Gurgaon/Bengaluru Industry: Research and Advisory Services Company: Everest Group About Everest Group Confident decisions driven by deep expertise and tenacious research.

Global Sourcing Advisory 100

Global Sourcing Advisory Service Advisory Research 100

Everest Group

MAY 25, 2022

Governments are building frameworks for the regulation of emerging technologies to protect consumers and companies while promoting innovation and digital leadership. In our last blog , we explored the emerging and growing focus on technology sovereignty in the United Kingdom and Ireland (UK&I) and European markets.

Regulations 130

Regulations Engineering Marketing Sourcing 130

Everest Group

MAY 25, 2022

Governments are building frameworks for the regulation of emerging technologies to protect consumers and companies while promoting innovation and digital leadership. In our last blog , we explored the emerging and growing focus on technology sovereignty in the United Kingdom and Ireland (UK&I) and European markets.

Regulations 130

Regulations Engineering Marketing Sourcing 130

Premier BPO

APRIL 4, 2025

Outsourcing firms specialize in medical billing and coding, ensuring compliance with ever-evolving healthcare regulations like HIPAA. This blog explores whether medical billing outsourcing can effectively address these pressures and what healthcare leaders should evaluate when considering this shift as part of a broader financial strategy.

Outsourcing 130

Outsourcing Co-Sourcing Healthcare Reduced Overhead 130

Everest Group

APRIL 3, 2024

Explore the various costs and advantages associated with this technology in this blog, or get in touch to find out more. Gen AI has recently gained considerable attention in the banking, financial services, and insurance (BFSI) industry. Non-compliance with these regulations may lead to fines and legal consequences.

Regulations 173

Regulations Out-Tasking Insurance Cybersecurity 173

Everest Group

DECEMBER 7, 2023

Note, this blog is part of Everest Group’s continued coverage of COP28. Navigating COP28: Insights On The Evolving Landscape Of Sustainability | Blog – Everest Group (everestgrp.com) COP28 marks a crucial moment for discussions on moving from fossil fuels to renewables.

Regulations 173

Regulations Efficiency Sourcing Marketing 173

Everest Group

MARCH 19, 2024

By partnering with IT and technology services providers, banks and financial institutions can prepare for the new T+1 settlement. Read on to understand how this updated regulation will impact the industry landscape and rapidly transform critical areas. Moreover, the higher settlement costs could potentially disappoint investors.

Banking 162

Banking Service Streamline Operations Risk Management 162

Everest Group

MAY 24, 2022

Europe technology and data sovereignty are back in the spotlight because of two recent events, the war in Ukraine and its cyberwarfare implications and EU lawmakers agreeing to new rules to limit the market power of Big Tech platforms through the Digital Markets Act (DMA) and Digital Services Act (DSA).

Regulations 130

Regulations Marketing Service 130

Everest Group

JANUARY 22, 2024

In this blog, explore examples of early generative AI adoption and learn about the benefits and challenges of this game-changing technology. With the diverse generative AI applications, sector-specific regulations are crucial. Learn more on this topic in the webinar, The Generative AI Advantage in Enterprise CXM Operations.

Management 162

Management Regulations Sales Banking 162

Everest Group

MARCH 3, 2023

With customer demand for financial services rising across geographies, looming recessionary fears and competition is leading enterprises to expand beyond North America and enter developing markets such as the UK, Europe, Latin America, Asia Pacific, the Nordics, and the Middle East. trillion in 2030, growing at a CAGR of 53.4%

Outsourcing 130

Outsourcing Marketing Service Banking 130

Everest Group

NOVEMBER 6, 2023

Cloud Security Services PEAK Matrix® Assessment 2023 The demand for cloud security services in the global business landscape is accelerating due to enterprises’ digital transformation mandates, rising importance of data protection, and challenges in securing hybrid multi-cloud environments.

Service 162

Service Cybersecurity Regulations Government 162

Everest Group

MAY 21, 2024

Explore the factors driving insurers to partner with specialized service providers and the advantages and obstacles of actuarial outsourcing. Outsourcing actuarial services is emerging as a compelling long-term solution that enables insurers to maintain control and gain a strategic market advantage. Contact us to learn more.

Insurance 162

Insurance Outsourcing Flexibility Risk Management 162

Everest Group

JULY 17, 2024

In the first half of 2023, there were over 1,715 adjustments to the US state insurance regulations, many of which address climate issues. According to a global survey, 25% of insurers identified “grasping ESG-related regulations and guidelines” as their primary challenge in advancing their ESG initiatives.

Insurance 173

Insurance Risk Management Risk Management Regulations 173

Everest Group

AUGUST 6, 2024

What methods can be used to integrate environmental and social costs into GDP calculations effectively? What innovative strategies can different stakeholders implement to promote sustainable economic development? Who should attend?

Research 246

Research Finance Regulations Government 246

Everest Group

MARCH 18, 2024

Unified Communication & Collaboration (UCC) Specialist Services As the hybrid workplace model solidifies its position as the new norm for enterprises, the demand for seamless communication and collaboration services continues to surge unabated.

Collaborations 162

Collaborations Service Manufacturing Banking 162

Everest Group

DECEMBER 11, 2023

Our Everest Group team is pleased to share their analysis of positive developments from the first two days of COP28, with a specific focus on the global technology and tech services industries, in this blog. What does this mean for the sustainability enablement services market?

Regulations 162

Regulations Collaborations Accounting Analytics 162

Everest Group

JULY 23, 2024

This blog explores how effective third-party risk management (TPRM) is crucial for identifying, analyzing, and controlling these risks, ensuring protection against potential breaches and vulnerabilities. This shift includes moving away from traditional methods and adopting SaaS/cloud services, increased remote work, etc.,

Risk Management 147

Risk Management Risk Management Management Right-Sizing 147

Everest Group

MAY 21, 2024

We also see large system integrators building platforms to enable service delivery. Learn more about the three categories and service providers’ perceptions. As enterprises pivot preferences from best-of-breed to easy-to-integrate, the platform narrative will get stronger. Learn more about the key traits of successful platforms.

Cybersecurity 173

Cybersecurity Government Manufacturing Regulations 173

Perficient Digital Transformation

DECEMBER 18, 2023

This blog post delves into the pivotal role these practices play in ensuring the stability and success of financial institutions and banks. Legal Obligations and Regulatory Frameworks It is well-known that financial institutions operate within a complex web of laws and regulations. The Role of Regulatory Risk and Compliance 1.

Regulations 111

Regulations Cybersecurity Banking Insurance 111

Everest Group

SEPTEMBER 14, 2023

Uncover the risks and learn recommendations to address them in this blog. Any security breach or service disruption can expose corporate data and applications to cyberattacks and even damage the enterprise’s reputation and erode customer trust.

Government 162

Government Finance Risk Management Risk Management 162

Everest Group

NOVEMBER 30, 2023

As we stand on the brink of COP28 (November 30 to December 12, 2023), Everest Group’s technology service provider clients and industry leaders are poised to play a pivotal role in advancing the goals set forth by the Paris Agreement. This is a theme prominent not just at an enterprise level, but also at an international level.

Supply Chain Management 162

Supply Chain Management Finance Research Government 162

Everest Group

SEPTEMBER 12, 2024

Critical contractual aspects for gen AI sourcing Ensuring robust contractual clauses in service agreements is paramount for the success of any partnership involving gen AI solutions. Enterprises must navigate a maze of industry-specific regulations and regional laws that directly impact data procurement and model training.

BPO 130

BPO Sourcing Business Process Outsourcing Outsourcing 130

Everest Group

JUNE 16, 2023

Despite challenges and regulations, the life sciences industry is actively exploring GAI’s possibilities. Although GAI can potentially disrupt the life sciences technology ecosystem in many significant ways, navigating the various risks and challenges that come with its implementation in this highly regulated industry will be critical.

Pharmaceuticals 130

Pharmaceuticals Co-Sourcing Regulations Sales 130

Everest Group

AUGUST 14, 2024

Herein, we delve into the current state of the private equity market, identify the strategic priorities reshaping PE firms’ approaches, and explore the transformative role of technology and service providers in this sector. The last 18 months presented a significant period of recalibration for the private equity market.

Collaborations 162

Collaborations Advisory Regulations Marketing 162

Everest Group

FEBRUARY 16, 2024

Financial Crime and Compliance (FCC) Operations Services The Financial Crime and Compliance (FCC) operations landscape is rapidly expanding within the Banking and Financial Services (BFS) industry. They are working to safeguard themselves from financial crimes while managing operational costs and enhancing delivery capabilities.

Co-Sourcing 173

Co-Sourcing Banking Service Advisory 173

Everest Group

OCTOBER 11, 2022

Its next evolution – open finance – holds the promise to greatly enhance the customer experience and empower users of financial services. According to the recent forecast by the Open Banking Implementation Entity (OBIE), more than 6 million individuals and businesses in the United Kingdom regularly use open banking services.

Banking 147

Banking Finance Research Accounting 147

Everest Group

FEBRUARY 6, 2024

Consulting service providers can play a key role in this transition. In this transition, consulting service providers become crucial in bridging these gaps and ensuring smooth adoption into existing operation frameworks. Let’s delve into this further. Ecosystem The ecosystem aspect is pivotal in preparing organizations for gen AI.

Government 173

Government Out-Tasking Automation Software 173

Everest Group

MARCH 11, 2024

Consumer Packaged Goods (CPG) IT Services Despite economic uncertainties and margin pressures, Consumer Packaged Goods (CPG) enterprises are modernizing their IT systems across the entire value chain. LEARN MORE ABOUT Top Service Providers

Service 147

Service Retail Manufacturing Banking 147

Everest Group

OCTOBER 31, 2022

Read this first part of our blog series to understand the shift that is underway. Ever-changing regulatory oversight: Many industry-wide regulations have been implemented to strengthen the safety and effectiveness of medical devices and drugs commercialized across the globe. For more on supply chain visibility, see our next blog.) .

Pharmaceuticals 130

Pharmaceuticals Strategic Sourcing Manufacturing Regulations 130

Everest Group

NOVEMBER 23, 2023

Learn the key questions stakeholders should ask when evaluating their AWS cloud strategy in this blog. AWS helps enterprises differentiate through innovation and partnership AWS continues to be the leading cloud service provider, with a strong record of innovation, a large and loyal customer base, and a vast and active developer community.

Government 147

Government Analytics Research Service 147

Everest Group

SEPTEMBER 9, 2024

Capital Markets IT Services PEAK Matrix® Assessment The capital markets industry is transforming to enhance operational efficiencies and reduce costs. Enterprises are investing in Regulatory Technologies (RegTech) to manage compliance efficiently across global regulations. There is a significant shift toward emerging technologies.

Marketing 130

Marketing Service Cybersecurity Banking 130

Everest Group

SEPTEMBER 20, 2021

In our earlier blog , we covered the evolution of interoperability over the years, the interoperability rule, and the challenges enterprises face in deciphering this regulation. These areas will be crucial given the increasing data volume and demand for more streamlined services around data access and utilization.

Healthcare 130

Healthcare Regulations Sourcing Cybersecurity 130

Everest Group

MARCH 16, 2023

With the recent banking implosion, the global financial services industry , technology companies, and service providers will be hit in different ways. We believe this will start a domino effect impacting banking regulations, profitability, and technology spend. Let’s explore the reverberations of these concerning banking trends.

Banking 130

Banking Service Right-Sizing Risk Management 130