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Abstract
In the fast changing financial services industry, technology
is a key enabler. It sure has boosted businesses by
evolving new channels, products and various service
platforms. Financial service institutions were slow
to join this trend. They were rather forced to join
as the new trend brought increasing pressure on their
businesses. Gradually through the trial and error method
adopted, financial services institutions could evolve
the right strategy. As a result evolved consortia-led
e- Marketplaces. Currently, there is confusion in the
e-Marketplaces. But it is sure to go places once the
initial hiccups are overcome.
This white paper defines e-Marketplaces, its evolution,
the challenges it faces and the new trends in e-Marketplaces.
It also describes the future opportunities involved
with e-Marketplaces
Author
Mandar Joshi
To know more about Wipro in finance, go to www.wipro.com/finance
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