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Everest Q3 Report: North American Financial Sector Contracts Double over Q2, Global Outsourcing Market Drops 10 Percent

Special Focus Topics: Financial Services, Output-Based Pricing in ITO, Asia

DALLAS, Nov 04, 2009 (BUSINESS WIRE) --

North American banking and financial services firms signed twice as many outsourcing deals in the third quarter as compared to the second quarter this year, according to the Market Vista: Q3 2009 report by Everest, a global consulting and research firm. Everest's quarterly study on global outsourcing and offshoring activity reports transaction volume decreased 10 percent globally in the third quarter compared to the previous quarter, while captives activity was at an 18-month high. A one-hour Webinar will be held Nov. 10, 9 a.m. CST, to present study findings and insights.

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