Quadrant Knowledge Solutions’ BFS Risk and Compliance IT Services market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, market trends, and future market outlook. This research provides strategic information for service providers to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading BFS Risk and Compliance IT Services vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including Accenture, Atos, Capgemini, CGI, Cognizant, DXC Technology, EY, HCL Technologies, IBM, Infosys, LTI, Mphasis, NTT Data, Sopra Steria, TCS, Tech Mahindra, Virtusa, and Wipro.
According to Pradnya Gugale, Analyst at Quadrant Knowledge Solutions, “BFS Risk and Compliance IT Services provide services such as Know Your Customer (KYC), Anti-Money Laundering (AML), risk assessment, risk exposure reports, and more, to help financial institutions comply with global regulations and manage risks. These services help firms in the banking, financial services, and insurance industries improve their profitability, reduce risk, improve internal controls, manage regulatory as well as compliance requirements, and support sustainable growth.”
2022 BFS Risk & Compliance IT Services SPARK Matrix
Source: Quadrant Knowledge Solutions

Table of Contents
Executive Overview
An Introduction to BFS Risk & Compliance IT Services
- Market Definition
- Market Overview
- Key Capabilities of BFS Risk & Compliance IT Services
Competitive Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: BFS Risk & Compliance IT Services
Vendor Profile and Analyst Perspectives
Research Methodologies
Custom Research Service
Our custom research service is designed to meet the client’s specific requirements by providing a customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:
- Detailed understanding of the industry structure, market participants, and value chain mapping
- Business potential and opportunities of target markets, economies, and industries
- Strategic planning and tactical opportunities
- Go to market strategies