DOCSLIB.ORG

Our Top Buys for Expected Multi-Cap Rebalancing the SEBI Circular for Revising Asset Allocation Norms of Multi-Cap Funds Is Wide

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Our Top Buys for Expected Multi-Cap Rebalancing the SEBI Circular for Revising Asset Allocation Norms of Multi-Cap Funds Is Wide Our Top Buys for expected Multi-Cap rebalancing The SEBI Circular for revising asset allocation norms of multi-cap funds is widely expected to drive flows into mid and small cap stocks. However, the SEBI clarification suggests that portfolio rebalancing is only one of the options for the MF industry and it is open to industry representation on the revised norms. The capital markets regulator, SEBI, on Friday, revised the norms for holdings under multi-cap funds (SEBI Circular). Under the new norms, the multi-cap funds need to allocate – (i) at least 75% of AUM to equities (up from 65% earlier), and (ii) large, mid and small cap stocks should each have at least 25% of allocation by January 31, 2021. Since, currently the multi-cap fund (AUM of ~Rs1.5tn/US$21bn) holdings are tilted towards large cap stocks (~73% of AUM as of Aug-2020), it is widely anticipated that the mutual funds would have to rebalance the portfolios by increasing allocation to mid cap stocks (~17% of AUM as of Aug-2020) and small cap stocks (~6% of AUM as on Aug-2020). However, the clarification issued by SEBI (SEBI Clarification Circular) on Sunday evening also points out that portfolio rebalancing is one of the options available to mutual funds and the MF could consider options like merging with existing schemes. The clarification also suggests that SEBI is open to inputs from MF industry on the revised rules for multi-cap funds. In today’s trading session, the mid & small cap indices have surged ~2.5% & 5% higher, respectively. However, the expected rally in mid and small cap stocks, due to rebalancing of multi- cap fund portfolios may not necessarily materialize. That said, we shortlist companies from our coverage universe that are best positioned to benefit if the portfolio rebalancing was to happen. The stocks are shortlisted by filtering companies that have FY22ii RoE of more than 10%, FY20-22ii EPS CAGR of more than 7.5% and FY22ii OCF/EBITDA ratio of more than 50%. Please note that the FY22ii PE ratio calculations have been adjusted to avoid the pandemic related earnings impact. The shortlist includes companies like Kaveri, Godrej Agrovet, Sudarshan Chemical, Deepak Nitrite, Ashok Leyland, IPCA, Mphasis, etc. Further, we also look at the large cap holdings of the multi-cap funds. The 10 largest large cap holdings (HDFC Bank, ICICI Bank, Infosys, Reliance Industries, Bharti Airtel, Axis Bank, L&T, TCS, Kotak Mahindra Bank and SBI) account for 48% (~Rs531bn/US$7bn) of overall large cap holdings of multi-cap funds, and hence, the rebalancing could be an overhang for these stocks. Figure 1: Our Top Buy list of Mid and small cap picks for expected multi-cap fund rebalancing Mkt EPS Cap OCF/ CAGR CMP (US$ P/E RoE Ebitda FY20- Name Sector Recommendation (Rs.) Mn) FY22 FY22ii FY22ii 22ii Kaveri Seed Agriculture Buy 525 431 9.3 28 96 17 Godrej Agrovet Agriculture Buy 492 1,284 25.8 16 77 31 Quess Corp Industrials Buy 373 750 17 12 66 14 Coromandel Intl Agriculture Buy 748 2,983 15.5 23 87 14 Sudarshan Chemical Chemicals Buy 434 408 18.2 21 63 26 Aarti Industries Chemicals Buy 1,022 2,422 25.4 16 116 15 Deepak Nitrite Chemicals Buy 733 1,360 19.3 22 75 -7 Atul Ltd Chemicals Buy 6,291 2,537 30 15 73 -3 SRF Chemicals Buy 4,206 3,288 22 16 88 21 CreditAccess Grameen Financials Buy 708 1,386 14.8 20 NA 43 CIFC Financials Buy 224 2,501 11.2 16 NA 24 City Union Bank Financials Buy 134 1,341 16 10 NA 14 Federal Bank Financials Buy 52 1,404 7.3 9 NA -5 M&M Fin Services Financials Buy 131 2,198 10.2 9 NA -15 Blue Star Industrials Buy 606 794 33.1 22 74 8 TTK Prestige Consumer Discretionary Buy 5,850 1,103 38.1 13 81 9 ICRA Financial Services Buy 2,758 362 23.6 13 72 15 Ashok Leyland Auto Buy 68 2,720 22.8 12 98 49 ACC Cement Buy 1,322 3,375 16 12 89 9 HeidelbergCement Cement Buy 180 556 12 20 76 13 Kajaria Ceramics Building Material Buy 473 1,023 25.7 13 87 8 Ipca Laboratories Healthcare Buy 2,013 3,459 25.6 18 72 27 JB Chemicals & Pharma Healthcare Buy 800 840 17 18 63 14 Alembic Pharma Healthcare Buy 911 2,436 20.7 18 78 -2 Bharat Electronics Industrials Buy 102 3,388 11 17 53 11 KEC International Industrials Buy 325 1,135 11.4 19 51 14 Mphasis IT Buy 1,155 2,930 15 20 76 9 Persistent Systems IT Buy 1,007 1,047 14.7 18 64 23 PNC Infratech Construction Buy 158 549 9.6 13 50 -5 Figure 2: Top 20 Large Cap holdings of Multi-Cap Funds Share of Large Holdings Cap Holdings Company (Rs. bn) (%) HDFC Bank 89 8 ICICI Bank 82 7 Infosys 76 7 Reliance Industries 66 6 Bharti Airtel 40 4 Axis Bank 39 3 Larsen & Toubro 36 3 Tata Consultancy Services 36 3 Kotak Mahindra Bank 36 3 State Bank Of India 33 3 Hindustan Unilever 26 2 ITC 24 2 Bajaj Finance 24 2 Ultratech Cement 20 2 ICICI Lombard General Insurance Co 17 2 HDFC 17 2 Britannia Industries 16 1 NTPC 16 1 Sun Pharmaceutical Industries 16 1 Maruti Suzuk iIndia 16 1 Disclaimer: Investments in securities market are subject to market risks, read all the related documents carefully before investing. There is no assurance or g uarantee that the investment objectives shall be achieved. IIFL does not guarantee any assured returns on the investments recommended herein. Past performance of securities/ instruments is not indicative of their future performance. IIFL makes no representation/s or warranty/ies, expres s or implied, as to the accuracy, completeness or reliability of any information compiled herein, and hereby disclaims any liability with regard to th e same, including, without limitation, any direct, indirect, incidental or consequential loss. You shall verify the veracity of the information on your o wn before using the information provided in the document.Investors are requested to review the prospectus carefully and obtain expert professio nal advice. IIFL group, associate and subsidiary companies are engaged in providing various financial services and for the said services (including the service for acquiring and sourcing the units of the fund) may earn fees or remuneration. IIFL Group | IIFL Securities Ltd., IIFL House, Sun Infotech Park, Road No. 16V, Plot No. B-23, MIDC, Thane Industrial Area, Wagle Estate, Thane - 400604. CIN: 99999MH1996PLC132983 Tel.: (91-22)2580 6650. Customer Service: 40071000.Stock Broker SEBI Regn: INZ000164132. NSE: 10975 BSE: 179 MCX: 55995 NCDEX: 01249 Depository: INDP1852016. MF Distributor ARN: 47791. PMS SEBI Regn,: INP000002213. Investment Adviser SEBI Regn. INA00000623. Research Analyst SEBI Regn: INH000000248. Loan products are offered by IIFL Finance Ltd. & IIFL Home Finance Ltd. Kindly refer to www.indiainfoline.com for detailed disclaimer and risk factors. .
Load more

Recommended publications
  • SAP HANA® Services Products
    ® SAP HANA Services A research report U.S. 2018 comparing provider strengths, challenges and competitive differentiators Quadrant Report Customized report courtesy of: June 2018 Note: Only use before TOC ISG Provider Lens™ Quadrant Report | June 2018 Section Name About this Report Information Services Group, Inc. is solely responsible for the content of this report. ISG Provider Lens™ delivers leading-edge and actionable research studies, reports and consulting services focused on technology and service providers’ strengths and Unless otherwise cited, all content, including illustrations, research, conclusions, weaknesses and how they are positioned relative to their peers in the market. These assertions and positions contained in this report were developed by and are the sole reports provide influential insights accessed by our large pool of advisors who are property of Information Services Group, Inc. actively advising outsourcing deals as well as large numbers of ISG enterprise clients who are potential outsourcers. This report includes research from the ISG Provider Lens™ program, ongoing ISG Research programs, interviews with ISG advisors, briefings with services providers For more information, please email [email protected], call +1.203.454.3900, and analysis of publicly available market information from multiple sources. The data or visit ISG Provider Lens™. collected for this report represents information that was current as of April 20th, 2018. ISG recognizes that mergers and acquisitions may have taken place since that time; those changes are not reflected in this report. The lead author for this report is Douglas Pollei. The report was edited by Jan Erik Aase and John Burnell. The primary researchers were Shashank Rajmane ISG Research™ provides subscription research, advisory consulting and executive and Bhanwar Chauhan.
    [Show full text]
  • Information Access for ALL
    Information Access FOR ALL NCPEDP~ PHASIS UNIVERSAL DESIGN AWARDS 2016 The NCPEDP-Mphasis Universal Design Awards logo stands for the spirit of Freedom and Celebration. The person with disability appears to be throwing her/ his arms up in the air in celebration of the Awards and the hope they bring to so many. The dynamic oval form gives an illusion of constant motion suggesting that people can achieve whatever they want, regardless of the odds stacked against them. The orange colour further enhances this optimism of the new universal and inclusive world. The NCPEDP-Mphasis Universal Design Awards Conservative estimates put the population Persons with Disabilities She/ he may also be an individual who is of people with disabilities in India at 70- Awards in this category are given to involved in the cause independent of any 100 million. Only a minuscule percentage people with disabilities who have organisational support and has achieved of this population can be seen in the created an impact in accessibility and significant success in the core objective mainstream. The core reason for this is the Universal Design in any of the areas of gaining accessibility for people with basic lack of access. Accessibility not only such as built environment, transport disabilities. means access to physical spaces but also infrastructure, service provision, means access to information, technology, information and communication Companies/ Organisations transport, services, aids and appliances, technology (ICT), universally Awards in this category will be given to etc. Access, therefore, is an issue that cuts designed consumer products, those companies or organisations who across disabilities and sectors and forms mobility & independent living aids, have taken up the cause of accessibility the very basis of empowerment of people or assistive technology in their and Universal Design in any of the areas with disabilities.
    [Show full text]
  • Salesforce Ecosystem Partners a Research Report U.S
    Salesforce Ecosystem Partners A research report U.S. 2021 comparing provider strengths, challenges Quadrant Report and competetive differentiators. March 2021 Customized report courtesy of: ISG Provider Lens™ Quadrant Report | March 2021 Section Name About this Report Information Services Group Inc. is solely responsible for the content of this report. Un- ISG Provider Lens™ delivers leading-edge and actionable research studies, reports less otherwise cited, all content, including illustrations, research, conclusions, assertions and consulting services focused on technology and service providers’ strengths and and positions contained in this report were developed by, and are the sole property of weaknesses and how they are positioned relative to their peers in the market. These Information Services Group Inc. reports provide influential insights accessed by our large pool of advisors who are actively advising outsourcing deals as well as large numbers of ISG enterprise clients The research and analysis presented in this report includes research from the ISG who are potential outsourcers. Provider Lens™ program, ongoing ISG Research programs, interviews with ISG advisors, briefings with services providers and analysis of publicly available market information For more information about ISG Provider Lens™ studies, please email from multiple sources. The data collected for this report represents information that [email protected], call +1.203.454.3900, or visit ISG Provider Lens™. ISG believes to be current as of February 2021 for providers who actively participated as well as for providers who did not. ISG recognizes that many mergers and acquisitions have taken place since that time, but those changes are not reflected in this report.
    [Show full text]
  • Placement Analysis - 2019 Batch
    Placement Analysis - 2019 Batch Highest Package Offered Average Package Offered Lowest Package Offered 12.0 LPA 4.0 LPA 3.0 LPA Total No of Companies Invited : 502 Total no of Students Placed : 1328 Top Companies with packages above 5 Lacs (CTC) S.No Company Name 1 TCS 2 SHELL TECHNOLOGIES 3 AVIZVA 4 OPTUM 5 Zycus 6 XEBIA IT 7 TEK SYSTEMS 8 SAPIENT 9 MANN INDIA 10 HYUNDAI 11 YAMAHA MOTOR 12 RELIANCE 13 REAL DATA 14 CVENT 15 Think n Learn 16 Tolexo 17 Google 18 Dyson 19 United Lex 20 WIPRO WASE 21 HSBC 22 Accolite 23 Novanet 24 Foresight 25 Blue Star 26 RMS 27 Samsung 28 Amazon 29 Keyence 30 Veris Top Payers /Dream Companies Company Name CTC (LPA) INDIAN AIR FORCE 12 GOOGLE 12 HSBC 12 SIRION LABS 12 NATIONAL INSTRUMENTS 12 SHELL TECHNOLOGIES 10 THINK N LEARN 10 ACCOLITE 10 VMWARE 9.12 TCS (CODEVITA) 7.5 HYUNDAI 7.5 NOVANET 7 ZYCUS 6.5 XEBIA IT 6 MANN INDIA TECHNOLOGIES 6 RELIANCE 6 REAL DATA 6 FORESIGHT 6 BLUE STAR 6 SAMSUNG 6 AMAZON 6 KEYENCE 6 WIPRO WASE 5.57 OPTUM 5.4 SAPIENT 5.3 AVIZVA 5.25 DYSON 5.07 YAMAHA 5 CVENT 5 TOLEXO 5 UNITED LEX 5 PFIZER 5 LAMBORGINI 5 Top Recruiters Company Name Final Placed ACCENTURE 309 TCS 120 WIPRO TECHNOLOGIES 70 THINK N LEARN 40 ICONMA 39 NEC TECHNOLOGIES 29 AMAZON 52 FLIPKART 25 RELIANCE 23 MANN INDIA TECHNOLOGIES 21 SOPRA STERIA 20 HEXAWARE 16 HCL TECHNOLOGIES 23 SAMSUNG 28 ERICSSON 15 NTT DATA 33 Top IT Companies: S.No Company Name 1 NEC 2 TATA TECHNOLOGIES 3 WIPRO 4 ACCENTURE 5 HEXAWARE 6 OPTUM 7 NIIT 8 GRAPECITY 9 TCS 10 MPHASIS 11 SAPIENT 12 NEWGEN 13 ACCENTURE 14 Gemalto 15 Google 16 Genpact
    [Show full text]
  • ISB-Biocon Certificate Program in Business Analytics Profile Book 2013
    ISB-Biocon Certificate Program in Business Analytics Profile Book 2013 - 14 Class Profile The programme attracts exceptionally talented and vibrant group of individuals from diverse industries. The class composition of the 2013-14 batch is given below. Education Background Work Experience Industry Clusters • BE/ B.Tech - 44% • MCA - 5% • 0-4 years - 23% • Analytic Firms - 21% • BFSI - 3% • BE/ B.Tech/ MBA - 17% • ME/ M.Tech - 3% • 4-8 years - 33% • Indian IT - 23% • Captives - 4% • M.Sc. (Maths) - 5% • Others Grad. - 3% • 8-12 years - 22% • MNC IT - 26% • KPO - 7% • Grad + MBA - 22% • Ph.D. - 1% • 12-18 years - 20% • Telecom - 6% • FMCG - 4% • Above 18 years - 2% • Auto - 35 • Real Estate - 3% 60% of the Batch have a BE/ B.Tech Degree 56% of the Batch lies between 0 - 8 years 71% of the batch comes from three clusters - 55% of the Batch has Post Graduate Degree Analytics Firms, Indian IT Companies & MNC IT Companies Abdul Afzal Abhishek Manjrekar Amandeep Singh Amit Pradhan SAP HANA Technical Architect, Attune Consulting Deputy Manager - Marketing (Strategy & Analysis) Portfolio Manager (IT), Ford Motor Company Sr. Group Manager / AVP - Quality, WNS Global Services H&R Johnson(India), Mumbai Responsible for managing portfolio of IT Projects aligned to Current Role Current Role Ford Customer Services Division. This includes delivery, general Current Role SAP HANA / BI competency head & financial management. Additionally responsible for setting Master Black Belt - Leading the Process Excellence, Analytics, and Initiation & Analysis of the Dealer Management Group, Mason up Analytics Practice for Ford in India & designing Analytics Quality Assurance for a clients in the Insurance vertical Previous Assignments Insurance Program, Business Process Re-Engineering, Green Tiles Competency Framework.
    [Show full text]
  • Equity Research
    Equity Research INDIA May 19, 2021 BSE Sensex: 50193 Technology ICICI Securities Limited is the author and A wake up call against unrealistic expectations! distributor of this report Our anti-consensus sector stance that steady state growth/margins are unlikely to be higher vs pre-covid (Link, Link, Link) echoed in Q4FY21 performance/outlook. As consensus rationalised lofty expectations to an extent, sector witnessed downgrades - notwithstanding the sharp INR depreciation. Despite the continued Sector update euphoria, incremental cloud sales at hyper-scalars remained range bound. The sector continued reporting strong deal wins. However, this metric per se is noticed to be incomplete with no strong causal relationship on future growth. In FY21, BFS Reco Snapshot TP / Healthcare witnessed ‘reactive’ (to covid crisis) spends. (1) Rebalancing of these Reco (Rs) Upside spends in FY22 and (2) geographic de-risking by clients pose key risks to outlook. TCS HOLD 3,230 5% (1) Resumption of office/marketing events onsite, (2) increase in onsite effort, (3) Infosys BUY 1,600 19% Wipro SELL 365 -28% employee absenteeism in India, (4) catch-up investments and (5) acquisitions HCLT ADD 1,050 13% should translate into largely pre-covid (or lower) margins. Multiples remain TechM HOLD 1,000 3% significantly higher (NIFTY IT: +41%, vs pre-covid averages) on absolute and even Mphasis ADD 1,910 8% Persistent REDUCE 2,050 -12% relative basis (NIFTY: +19%, BANK NIFTY: -8%, NIFTY FMCG: +3% and NIFTY LTI BUY 4,705 29% Pharma: +24%). More overheated in case of mid-cap IT. Valuation premia are still Mindtree HOLD 2,173 4% banking on ‘post covid growth acceleration (g)’ expectations implying further Coforge REDUCE 2,950 -14% LTTS SELL 2,000 -24% scope for disappointments.
    [Show full text]
  • Mainframe Services & Solutions
    Mainframe Services & Solutions A research report U.S. 2021 comparing provider strengths, challenges and competitive differentiators Quadrant Report Customized report courtesy of: April 2021 ISG Provider Lens™ Quadrant Report | April 2021 Section Name About this Report Information Services Group Inc. is solely responsible for the content of this report. ISG Provider Lens™ delivers leading-edge and actionable research studies, reports Unless otherwise cited, all content, including illustrations, research, conclusions, and consulting services focused on technology and service providers’ strengths and assertions and positions contained in this report were developed by, and are the sole weaknesses and how they are positioned relative to their peers in the market. These property of Information Services Group Inc. reports provide influential insights accessed by our large pool of advisors who are actively advising outsourcing deals as well as large numbers of ISG enterprise clients The research and analysis presented in this report includes research from the ISG who are potential outsourcers. Provider Lens™ program, ongoing ISG Research programs, interviews with ISG advisors, briefings with services providers, and analysis of publicly available market information For more information about our studies, please email [email protected], from multiple sources. The data collected for this report represents information that call +49 (0) 561-50697537, or visit ISG Provider Lens™ under ISG Provider Lens™. ISG believes to be current as of February 2021, for providers who actively participated as well as for providers who did not. ISG recognizes that many mergers and acquisitions have taken place since that time, but those changes are not reflected in this report.
    [Show full text]
  • List of Nodal Officer
    List of Nodal Officer Designa S.No tion of Phone (With Company Name EMAIL_ID_COMPANY FIRST_NAME MIDDLE_NAME LAST_NAME Line I Line II CITY PIN Code EMAIL_ID . Nodal STD/ISD) Officer 1 VIPUL LIMITED [email protected] PUNIT BERIWALA DIRT Vipul TechSquare, Golf Course Road, Sector-43, Gurgaon 122009 01244065500 [email protected] 2 ORIENT PAPER AND INDUSTRIES LTD. [email protected] RAM PRASAD DUTTA CSEC BIRLA BUILDING, 9TH FLOOR, 9/1, R. N. MUKHERJEE ROAD KOLKATA 700001 03340823700 [email protected] COAL INDIA LIMITED, Coal Bhawan, AF-III, 3rd Floor CORE-2,Action Area-1A, 3 COAL INDIA LTD GOVT OF INDIA UNDERTAKING [email protected] MAHADEVAN VISWANATHAN CSEC Rajarhat, Kolkata 700156 03323246526 [email protected] PREMISES NO-04-MAR New Town, MULTI COMMODITY EXCHANGE OF INDIA Exchange Square, Suren Road, 4 [email protected] AJAY PURI CSEC Multi Commodity Exchange of India Limited Mumbai 400093 0226718888 [email protected] LIMITED Chakala, Andheri (East), 5 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 6 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 7 NECTAR LIFE SCIENCES LIMITED [email protected] SUKRITI SAINI CSEC NECTAR LIFESCIENCES LIMITED SCO 38-39, SECTOR 9-D CHANDIGARH 160009 01723047759 [email protected] 8 ECOPLAST LIMITED [email protected] Antony Pius Alapat CSEC Ecoplast Ltd.,4 Magan Mahal 215, Sir M.V. Road, Andheri (E) Mumbai 400069 02226833452 [email protected] 9 SMIFS CAPITAL MARKETS LTD.
    [Show full text]
  • Everest Group PEAK Matrix™ for KYC-AML BPO Service Providers
    ® Everest Group PEAK Matrix™ for KYC-AML BPO Service Providers Focus on TCS June 2018 ® ™ Copyright © 2018 Everest Global, Inc. This document has been licensed for exclusive use and distribution by TCS EGR-2018-24-E-2696 Introduction and scope Everest Group recently released its report titled “Know Your Customer – Anti Money Laundering (KYC-AML) BPO – State of the Market with Services PEAK Matrix™ Assessment 2018.” This report analyzes the changing dynamics of the KYC-AML BPO landscape and assesses service providers across several key dimensions. As a part of this report, Everest Group updated its classification of 19 service providers on the Everest Group PEAK Matrix™ for KYC-AML BPO into Leaders, Major Contenders, and Aspirants. The PEAK Matrix is a framework that provides an objective, data-driven, and comparative assessment of KYC-AML BPO service providers based on their absolute market success and delivery capability. Based on the analysis, TCS emerged as a Leader. This document focuses on TCS KYC-AML BPO experience and capabilities and includes: TCS position on the KYC-AML BPO PEAK Matrix TCS year-on-year movement on the KYC-AML BPO PEAK Matrix Detailed KYC-AML BPO profile of TCS Buyers can use the PEAK Matrix to identify and evaluate different service providers. It helps them understand the service providers’ relative strengths and gaps. However, it is also important to note that while the PEAK Matrix is a useful starting point, the results from the assessment may not be directly prescriptive for each buyer. Buyers will have to consider their unique situation and requirements, and match them against service provider capability for an ideal fit.
    [Show full text]
  • ISG Providerlens™ Archetype Report
    Data Center Outsourcing A research report Archetype aligning enterprise Report requirements and provider capabilities March 2018 Customized reprint courtesy of: Note: Only use before TOC ISG Provider Lens™ Archetype Report | March 2018 Section Name About this Report Information Services Group Inc. is solely responsible for the content of this report. ISG Provider Lens™ delivers leading-edge and actionable research studies, reports Unless otherwise cited, all content, including illustrations, research, conclusions, and consulting services focused on technology and service providers’ strengths and assertions and positions contained in this report were developed by, and are the sole weaknesses and how they are positioned relative to their peers in the market. These property of Information Services Group Inc. reports provide influential insights accessed by our large pool of advisors who are actively advising outsourcing deals, as well as large numbers of ISG enterprise clients The research and analysis presented in this report includes research from the ISG who are potential outsourcers. Provider Lens™ program, ongoing ISG Research programs, interviews with ISG advisors, briefings with services providers and analysis of publicly available market For more information about ISG Provider Lens™ studies, please email information from multiple sources. The data collected for this report represents [email protected], call +1.203.454.3900, or visit ISG Provider Lens™. information that was current as of December 15, 2017. ISG recognizes that many mergers and acquisitions have taken place since that time, but those changes are not reflected in this report. All revenue references are in U.S. dollars ($US) unless noted. Yearly revenue and year-on-year increase figures (expressed as percentage) over the previous year, refer ISG Research™ provides subscription research, advisory consulting and executive to the most recent financial year for each of the participants in this report.
    [Show full text]
  • Everest Group PEAK Matrix® for Banking BPS Services 2020
    ® Everest Group PEAK Matrix® for Banking BPS Service Provider 2020 Focus on TCS July 2020 ® Copyright © 2020 Everest Global, Inc. This document has been licensed for exclusive use and distribution by TCS EGR-2020-27-R-3839 Background of the research The banking BPS market is quite mature, with service providers enjoying client confidence, especially in markets such as the United States and the United Kingdom. Europe and emerging regions such as Asia Pacific, as well as small and midsized banks, are expected to drive future growth. Digital has become an essential component of services delivery, and the COVID-19 pandemic is expected to accelerate digital adoption. It is also disrupting the traditional banking value chain, and service providers will need to adapt their offerings and value propositions to cater to these changes effectively. The banking BPS market has been able to continually grow by helping clients to adapt to new client processes and reinvent themselves. Automation and analytics continue to grow in importance, with service providers promising a reduction in the degree of manual effort to their clients. As market conditions evolve rapidly due to current health and economic crisis, service providers need to step-up and provide value beyond cost savings. Meanwhile, enterprises will need to take a carefully considered approach to outsourcing and select service providers that can become partners in their transformation journey, driving better customer experience, process improvements, and cost savings. Scope of this report ⚫ Services: Banking BPS ⚫ Geography: Global ⚫ Service providers: 31 leading services providers ® Copyright © 2020, Everest Global, Inc. 2 EGR-2020-27-R-3839 Introduction and scope Everest Group recently released its report titled “Banking BPS – Service Provider Landscape with Services PEAK Matrix® Assessment 2020.” This report analyzes the changing dynamics of the banking BPS landscape and assesses service providers across several key dimensions.
    [Show full text]
  • Everest Group PEAK Matrix® for Network Transformaton And
    Everest Group PEAK Matrix® for Network Transformation and Managed Services Providers 2021 Focus on Wipro August 2021 Copyright © 2021 Everest Global, Inc. This document has been licensed to Wipro EGR-2021-29-E-4533 Everest Group PEAK Matrix® for Network Transformation and Managed Services Providers 2021 Background of the research The COVID-19 pandemic fueled the digital transformation initiatives of enterprises to ensure business continuity. With a work-from-home culture prevalent for the past 12-18 months, there has been a shift in network strategies of enterprises to provide seamless and secure connectivity to their workforce. Rapid cloud adoption along with other digital transformation initiatives have further accelerated the enterprise needs to adopt next-generation network technologies. The network services industry is further bound to undergo radical changes in enterprise needs and priorities, as next-generation network technologies such as private 5G network, SD-WAN, and IoT/edge networks come into play. Service providers need to realign their strategies with these shifts in the network services market to ensure that they can provide next-generation network services to enterprises. In this research, we present an assessment and detailed profiles of 12 network service providers featured on the network transformation and managed services PEAK Matrix®. The assessment is based on Everest Group’s annual RFI process for calendar year 2021, interactions with leading network services providers, client reference checks, and an ongoing analysis of the network services market. This report includes the profiles of the following 12 leading network service providers featured on the Network Transformation and Managed Services PEAK Matrix® : Leaders: Accenture, HCL Technologies, TCS, and Wipro Major Contenders: IBM, Infosys, Microland, Orange Business Services, Tech Mahindra, and Zensar Aspirants: Computacenter and Mphasis Scope of this report: Geography Service providers Services Global 12 Network transformation and managed services Proprietary & Confidential.
    [Show full text]