BFSI GCCs eat into IT firms business – The Times of India

BFSI GCCs are playing a key role in shaping cybersecurityasaservice, risk advisory and management, ESG reporting, sustainable financing, and regulatory compliance Ramkumar Ramamoorthy, partner at Catalincs and former Cognizant India CMD, While there will be some cannibalization of revenue and opportunity loss because of insourcing, I expect the strong upsurge in GCCs to result in newer business models