Study Data · Part 1 · Indicator Deep-Dive Analysis

Does the customer operate its own global capability centers?

Indicator C063 · By Phil Hatch · Akholi · October 9, 2026

Indicator Specification

Table 1. Indicator specificationTable
FieldValue
Indicator codeC063
Question as askedDoes the customer operate its own global capability centers?
Failure categoryNot one of the 100 rated indicators
Place in the surveyCustomer Details > 3.1 Institution Profile > Profile
Indicator classPerceived fact
Indicator typeYes or no
Response scaleLevels: Yes, No
Answering base349 of 850 respondents gave one of the listed answers. 596 answered, counting I do not know and I prefer to not answer, across 150 of 150 engagements
Non-answersI do not know 247, I prefer to not answer 0, blank 254

Summary of Findings

Table 2. Key results: association of the indicator with the four study measuresTable
MeasureEffect sizenValuep
Cancellation rateOmega squared, 0 or 1 flag78 engagements−0.0050.439
Customer satisfactionOmega squared53 engagements0.0200.148
Engagement indicator meanOmega squared78 engagements−0.0110.711
Intent to leaveOmega squared78 engagements−0.0130.892

A majority of respondents reported that the financial institution operated its own global capability centers (190 of 349 respondents, 54.44%), and the rest reported that it did not (159 of 349 respondents, 45.56%). Cancellation did not differ between Yes and No answers (chi-square 0.60, p 0.439, Cramer’s V 0.09, n = 78 engagements), with I do not know left out of the test (n = 40 engagements). Customer satisfaction on active engagements did not differ between Yes and No answers (Welch F 2.15, p 0.148, omega squared 0.020, n = 53 engagements), with I do not know left out (n = 22 engagements). The engagement indicator mean did not differ between Yes and No answers (Welch F 0.14, p 0.711, omega squared −0.011, n = 78 engagements), with I do not know left out (n = 40 engagements). Intent to leave did not differ between Yes and No answers (Welch F 0.02, p 0.892, omega squared −0.013, n = 78 engagements), with I do not know left out (n = 40 engagements). The answer mix did not differ after Holm control by any segment family (Holm p 1.000 in every family).

Distribution of Responses

Table 3. Distribution of responses, respondent levelTable
AnswerRespondentsShare of answered (base 349)Cumulative shareEngagements with at least oneShare of 150 engagementsDistressed
Yes19054.44%54.44%7751.33%Not applicable
No15945.56%100.00%7348.67%Not applicable
I do not know247Not in baseNot in base12684.00%Not applicable
Answered, total349100.00%150100.00%

A categorical answer has no engagement mean. Each engagement took its respondents’ plurality answer, and tied engagements were left out. An answer was assigned to 118 of 150 engagements.

Distressed is not applicable, because the answer has no good or bad end on a scale.

Descriptive Statistics by Segment

Table 4. Descriptive statistics by segmentTable
SegmentBaseAnsweredAnswer rateEngagementsYes, shareNo, share
Study set85034941.06% of 85015054.44%45.56%
Outsourcing model
CXM2329741.81% of 2324260.82%39.18%
ITO2449639.34% of 2444057.29%42.71%
BPO2098641.15% of 2093756.98%43.02%
KPO1657042.42% of 1653138.57%61.43%
Institution type
Asset management1325541.67% of 1322447.27%52.73%
Wealth management and private banking1405136.43% of 1402319.61%80.39%
Investment banking (advisory and capital-markets origination)1054744.76% of 1051953.19%46.81%
Insurance (life, property and casualty, health)783544.87% of 781471.43%28.57%
Commercial and business banking823239.02% of 821375.00%25.00%
Payments and merchant acquiring (networks, acquiring, processing)712940.85% of 711355.17%44.83%
Credit card and payments issuing732838.36% of 731260.71%39.29%
Retail and consumer banking733547.95% of 731262.86%37.14%
Markets and trading (sales and trading, global markets)571729.82% of 571164.71%35.29%
Private equity and private capital392051.28% of 39970.00%30.00%
Process family
Corporate and back-office functions2489839.52% of 2484751.02%48.98%
Technology engineering and operations2048441.18% of 2043558.33%41.67%
Client servicing and communications943537.23% of 941668.57%31.43%
Trade, settlement and reconciliation803442.50% of 801552.94%47.06%
Payments, cards and disputes733345.21% of 731245.45%54.55%
Credit, underwriting and suitability572543.86% of 57976.00%24.00%
Regulatory, audit, tax and legal512549.02% of 51928.00%72.00%
Financial crime and client onboarding431534.88% of 43753.33%46.67%
Class of work
LOB Operational45118541.02% of 4517655.14%44.86%
Corporate Functional39916441.10% of 3997453.66%46.34%
Engagement status and lifecycle stage
Active, Build-Out1758146.29% of 1753156.79%43.21%
Active, Transition/Cut-Over25010240.80% of 2504353.92%46.08%
Active, Production1034442.72% of 1032050.00%50.00%
Canceled32212237.89% of 3225654.92%45.08%
Respondent role
Individual Contributor66716825.19% of 66714657.74%42.26%
Engagement Manager150150100.00% of 15015051.33%48.67%
Portfolio Director3131100.00% of 313151.61%48.39%
Customer Management Executive200 of 2000
Vendor type
IT services major31611737.03% of 3165949.57%50.43%
BPO specialist1988743.94% of 1983758.62%41.38%
Consulting firm1175446.15% of 1172350.00%50.00%
Boutique or specialist provider873944.83% of 871753.85%46.15%
Pure-play agentic AI firm753344.00% of 751463.64%36.36%
Not reported, recovered by engagement571933.33% of 573863.16%36.84%

Shares are of the answered respondents in each row, which is the base beside them. A row under 10 prints counts in place of shares.

Tests of Difference Between Segments

Table 5. Tests of difference between segmentsTable
Segment familyUnitChi-squaredfpHolm pCramer’s VTest for pLevels left out
Outsourcing modelEngagement2.6930.4421.0000.19chi-squareNone
Institution typeEngagement4.0220.1601.0000.36Monte Carlo, simulateda
Process familyEngagement2.6420.3021.0000.24Monte Carlo, simulatedb
Class of workEngagement0.1310.7241.0000.04chi-squareNone
Engagement status and lifecycle stageEngagement1.7030.6441.0000.15Monte Carlo, simulatedNone
Respondent roleRespondent1.4220.4921.0000.06chi-squarec
Vendor typeRespondent3.8750.5681.0000.11chi-squareNone
Note: a Insurance (life, property and casualty, health), n = 9, Commercial and business banking, n = 8, Payments and merchant acquiring (networks, acquiring, processing), n = 8, Credit card and payments issuing, n = 5, Retail and consumer banking, n = 8, Markets and trading (sales and trading, global markets), n = 4, Private equity and private capital, n = 5. b Trade, settlement and reconciliation, n = 8, Payments, cards and disputes, n = 9, Credit, underwriting and suitability, n = 5, Regulatory, audit, tax and legal, n = 7, Financial crime and client onboarding, n = 2. c Customer Management Executive, n = 0.

Engagement families were tested on engagement answers, and respondent role and vendor type were tested on respondents. No difference held after Holm control for outsourcing model, institution type, process family, class of work, engagement status and lifecycle stage, respondent role and vendor type.

Association with Cancellation Rate

The share of engagements canceled on the study date, measured at engagement level (base 150 engagements, 56 canceled). The association is a descriptive contrast, inflated because canceled engagements were rated after cancellation, and is not predictive.

The measure by the engagement’s assigned answer.

Table 6. Association with cancellation rate by answer levelTable
Answer levelEngagementsCanceledCancellation rate
Yes451635.56%
No33927.27%
I do not know401845.00%

The test across answer levels, in the study set and inside each segment. Levels under 10 engagements were left out of each test.

Table 7. Association with cancellation rate, tests across answer levels by segmentTable
SegmentEngagementsChi-squaredfpHolm pCramer’s VTest for p
Study set780.6010.4391.0000.09chi-square
Outsourcing model
CXMFewer than two answer levels with at least 10 engagements
ITOFewer than two answer levels with at least 10 engagements
BPOFewer than two answer levels with at least 10 engagements
KPOFewer than two answer levels with at least 10 engagements
Institution type
Asset managementFewer than two answer levels with at least 10 engagements
Wealth management and private bankingFewer than two answer levels with at least 10 engagements
Investment banking (advisory and capital-markets origination)Fewer than two answer levels with at least 10 engagements
Insurance (life, property and casualty, health)Fewer than two answer levels with at least 10 engagements
Commercial and business bankingFewer than two answer levels with at least 10 engagements
Payments and merchant acquiring (networks, acquiring, processing)Fewer than two answer levels with at least 10 engagements
Credit card and payments issuing8‡
Retail and consumer banking9‡
Markets and trading (sales and trading, global markets)9‡
Private equity and private capital7‡
Process family
Corporate and back-office functions200.9510.6281.0000.22Fisher exact
Technology engineering and operationsFewer than two answer levels with at least 10 engagements
Client servicing and communicationsFewer than two answer levels with at least 10 engagements
Trade, settlement and reconciliationFewer than two answer levels with at least 10 engagements
Payments, cards and disputesFewer than two answer levels with at least 10 engagements
Credit, underwriting and suitability7‡
Regulatory, audit, tax and legal8‡
Financial crime and client onboarding7‡
Class of work
LOB Operational420.7410.3911.0000.13chi-square
Corporate Functional360.0610.8131.0000.04chi-square
Engagement status and lifecycle stage
Active, Build-OutNot computable, no variation in cancellation
Active, Transition/Cut-OverNot computable, no variation in cancellation
Active, ProductionNot computable, no variation in cancellation
CanceledNot computable, no variation in cancellation
Note: ‡ Base under 10. No statistic is reported.

Cancellation in the study set did not differ across answer levels (chi-square 0.60, p 0.439, n = 78 engagements).

Association with Customer Satisfaction

The satisfaction score recorded against each engagement on a 100-point scale. The primary estimate uses the 94 active engagements. A descriptive contrast uses all 150 engagements.

The measure by the engagement’s assigned answer.

Table 8. Association with customer satisfaction by answer levelTable
Answer levelEngagementsMean of the measureSD
Yes2964.913.5
No2460.010.8
I do not know2265.811.6

The test across answer levels, in the study set and inside each segment. Levels under 10 engagements were left out of each test.

Table 9. Association with customer satisfaction, tests across answer levels by segmentTable
SegmentEngagementsWelch FdfpHolm pOmega squared90% CI
Study set532.151, 51.00.1480.5940.0200.000 to 0.153
Outsourcing model
CXMFewer than two answer levels with at least 10 engagements
ITOFewer than two answer levels with at least 10 engagements
BPOFewer than two answer levels with at least 10 engagements
KPOFewer than two answer levels with at least 10 engagements
Institution type
Asset management8‡
Wealth management and private bankingFewer than two answer levels with at least 10 engagements
Investment banking (advisory and capital-markets origination)9‡
Insurance (life, property and casualty, health)9‡
Commercial and business banking8‡
Payments and merchant acquiring (networks, acquiring, processing)8‡
Credit card and payments issuing4‡
Retail and consumer banking6‡
Markets and trading (sales and trading, global markets)6‡
Private equity and private capital6‡
Process family
Corporate and back-office functionsFewer than two answer levels with at least 10 engagements
Technology engineering and operationsFewer than two answer levels with at least 10 engagements
Client servicing and communications7‡
Trade, settlement and reconciliation6‡
Payments, cards and disputes9‡
Credit, underwriting and suitability6‡
Regulatory, audit, tax and legal4‡
Financial crime and client onboarding4‡
Class of work
LOB Operational290.741, 27.00.3970.752−0.010†
Corporate Functional241.611, 22.00.2170.6520.023†
Engagement status and lifecycle stage
Active, Build-OutFewer than two answer levels with at least 10 engagements
Active, Transition/Cut-Over260.821, 23.20.3760.752−0.008†
Active, ProductionFewer than two answer levels with at least 10 engagements
Canceledno clean estimate, canceled engagements fall outside the active population
Note: ‡ Base under 10. No statistic is reported. † Base under 30. No interval is reported.

The measure in the study set did not differ across answer levels (Welch F 2.15, p 0.148, n = 53 engagements). The clean estimate ran inside active engagements only.

Association with the Engagement Indicator Mean

The mean of an engagement’s 100 indicator ratings, measured at engagement level (base 150 engagements). Where this indicator is one of the 100, the mean is recomputed without it.

The measure by the engagement’s assigned answer.

Table 10. Association with the engagement indicator mean by answer levelTable
Answer levelEngagementsMean of the measureSD
Yes454.11.5
No334.01.3
I do not know403.81.6

The test across answer levels, in the study set and inside each segment. Levels under 10 engagements were left out of each test.

Table 11. Association with the engagement indicator mean, tests across answer levels by segmentTable
SegmentEngagementsWelch FdfpHolm pOmega squared90% CI
Study set780.141, 73.80.7111.000−0.0110.000 to 0.044
Outsourcing model
CXMFewer than two answer levels with at least 10 engagements
ITOFewer than two answer levels with at least 10 engagements
BPOFewer than two answer levels with at least 10 engagements
KPOFewer than two answer levels with at least 10 engagements
Institution type
Asset managementFewer than two answer levels with at least 10 engagements
Wealth management and private bankingFewer than two answer levels with at least 10 engagements
Investment banking (advisory and capital-markets origination)Fewer than two answer levels with at least 10 engagements
Insurance (life, property and casualty, health)Fewer than two answer levels with at least 10 engagements
Commercial and business bankingFewer than two answer levels with at least 10 engagements
Payments and merchant acquiring (networks, acquiring, processing)Fewer than two answer levels with at least 10 engagements
Credit card and payments issuing8‡
Retail and consumer banking9‡
Markets and trading (sales and trading, global markets)9‡
Private equity and private capital7‡
Process family
Corporate and back-office functions200.271, 17.80.6131.000−0.038†
Technology engineering and operationsFewer than two answer levels with at least 10 engagements
Client servicing and communicationsFewer than two answer levels with at least 10 engagements
Trade, settlement and reconciliationFewer than two answer levels with at least 10 engagements
Payments, cards and disputesFewer than two answer levels with at least 10 engagements
Credit, underwriting and suitability7‡
Regulatory, audit, tax and legal8‡
Financial crime and client onboarding7‡
Class of work
LOB Operational420.011, 38.30.9181.000−0.0240.000 to 0.021
Corporate Functional360.181, 33.40.6711.000−0.0230.000 to 0.100
Engagement status and lifecycle stage
Active, Build-OutFewer than two answer levels with at least 10 engagements
Active, Transition/Cut-Over260.641, 23.50.4311.000−0.015†
Active, ProductionFewer than two answer levels with at least 10 engagements
CanceledFewer than two answer levels with at least 10 engagements
Note: ‡ Base under 10. No statistic is reported. † Base under 30. No interval is reported.

The measure in the study set did not differ across answer levels (Welch F 0.14, p 0.711, n = 78 engagements).

Association with Intent to Leave

The respondent’s stated likelihood of leaving the current job within 12 months, rated 1 to 10 (C019). Measured at respondent level on up to 798 respondents, with the engagement-level form reported alongside.

The measure by the engagement’s assigned answer.

Table 12. Association with intent to leave by answer levelTable
Answer levelEngagementsMean of the measureSD
Yes456.72.3
No336.82.3
I do not know407.02.6

The test across answer levels, in the study set and inside each segment. Levels under 10 engagements were left out of each test.

Table 13. Association with intent to leave, tests across answer levels by segmentTable
SegmentEngagementsWelch FdfpHolm pOmega squared90% CI
Study set780.021, 69.20.8921.000−0.0130.000 to 0.020
Outsourcing model
CXMFewer than two answer levels with at least 10 engagements
ITOFewer than two answer levels with at least 10 engagements
BPOFewer than two answer levels with at least 10 engagements
KPOFewer than two answer levels with at least 10 engagements
Institution type
Asset managementFewer than two answer levels with at least 10 engagements
Wealth management and private bankingFewer than two answer levels with at least 10 engagements
Investment banking (advisory and capital-markets origination)Fewer than two answer levels with at least 10 engagements
Insurance (life, property and casualty, health)Fewer than two answer levels with at least 10 engagements
Commercial and business bankingFewer than two answer levels with at least 10 engagements
Payments and merchant acquiring (networks, acquiring, processing)Fewer than two answer levels with at least 10 engagements
Credit card and payments issuing8‡
Retail and consumer banking9‡
Markets and trading (sales and trading, global markets)9‡
Private equity and private capital7‡
Process family
Corporate and back-office functions200.021, 18.00.8771.000−0.051†
Technology engineering and operationsFewer than two answer levels with at least 10 engagements
Client servicing and communicationsFewer than two answer levels with at least 10 engagements
Trade, settlement and reconciliationFewer than two answer levels with at least 10 engagements
Payments, cards and disputesFewer than two answer levels with at least 10 engagements
Credit, underwriting and suitability7‡
Regulatory, audit, tax and legal8‡
Financial crime and client onboarding7‡
Class of work
LOB Operational420.011, 35.40.9231.000−0.0240.000 to 0.020
Corporate Functional360.101, 31.40.7511.000−0.0260.000 to 0.085
Engagement status and lifecycle stage
Active, Build-OutFewer than two answer levels with at least 10 engagements
Active, Transition/Cut-Over260.171, 22.80.6801.000−0.033†
Active, ProductionFewer than two answer levels with at least 10 engagements
CanceledFewer than two answer levels with at least 10 engagements
Note: ‡ Base under 10. No statistic is reported. † Base under 30. No interval is reported.

The measure in the study set did not differ across answer levels (Welch F 0.02, p 0.892, n = 78 engagements).

Comparison of Associations Across the Four Measures

Table 14. Associations across the four measuresTable
MeasureEffect sizenValuepEquivalent to zeroRank among the four
Cancellation rateOmega squared, 0 or 1 flag78−0.0050.439Yes2
Customer satisfactionOmega squared530.0200.148No1
Engagement indicator meanOmega squared78−0.0110.711Yes3
Intent to leaveOmega squared78−0.0130.892Yes4

Steiger’s z compares two correlations, and a categorical answer yields an effect size across levels rather than a correlation, so the pairs are not tested.

Clustering and Effective Sample Size

Table 15. Clustering and effective sample sizeTable
StatisticValueReading
Clusters (engagements)150Engagements with at least one answer.
Mean respondents per engagement4.0Answers per engagement with at least one answer.
ICC(1)0.20Share of variance between engagements.
Design effect1.601 plus (mean cluster size minus 1) times ICC.
Nominal respondent n596Every answer, with I do not know and I prefer to not answer counted as levels, as the plurality rule counts them.
Effective n372Nominal n divided by the design effect.
Cluster bootstrap appliedYesApplied to every respondent level CI where the ICC is 0.05 or above.

Clustering reduced the 596 respondent answers to about 372 independent answers. Respondent level intervals therefore used the cluster bootstrap, and respondent level tests on intent to leave used cluster-robust errors.

Equivalence Tests of Null Results

Table 16. Equivalence tests of null resultsTable
MeasurenOmega squaredEquivalence boundEquivalence pEquivalent to zeroAchieved powerMDE at power 0.80
Cancellation rate78−0.005Omega squared < 0.0900.022Yes0.780.094
Customer satisfaction530.020Omega squared < 0.0900.197No0.610.133
Engagement indicator mean78−0.011Omega squared < 0.0900.007Yes0.780.094
Intent to leave78−0.013Omega squared < 0.0900.002Yes0.780.094

The bound is the ruled |r| < 0.30 expressed as variance explained (V15-R22). Equivalent to zero: cancellation rate, engagement indicator mean and intent to leave.

Robustness Checks

Table 17. Robustness checksTable
CheckMeasurePrimary pCheck pCheck statisticConclusion holds
Kruskal-Wallis in place of Welch FCustomer satisfaction0.1480.1552.02Yes
Kruskal-Wallis in place of Welch FEngagement indicator mean0.7110.7960.07Yes
Kruskal-Wallis in place of Welch FIntent to leave0.8920.8830.02Yes
Active engagements onlyEngagement indicator mean0.7110.2821.18Yes
Active engagements onlyIntent to leave0.8920.2651.28Yes
Respondent level, cluster-robust Wald F by engagementCancellation rate0.4390.9370.01Yes
Respondent level, cluster-robust Wald F by engagementCustomer satisfaction0.1480.8280.05Yes
Respondent level, cluster-robust Wald F by engagementEngagement indicator mean0.7110.8840.02Yes
Respondent level, cluster-robust Wald F by engagementIntent to leave0.8920.9100.01Yes

Every check held. A check holds when its test lands on the same side of 0.05 as the primary test.

Measure Independence and Part-Whole Correction

Each of the four measures was computed from data this indicator does not contain, so each result is a finding rather than an arithmetic consequence.

Comparison with the Study Norm

Not applicable. A categorical item has no signed correlation, so it has no profile. Its per-level means carry the comparison.

Interpretation of the Data

Engagements answering Yes were canceled at a share (35.56% canceled, n = 45 engagements) close to engagements answering No (27.27% canceled, n = 33 engagements). Engagement indicator means for Yes (mean 4.1, n = 45 engagements) and No (mean 4.0, n = 33 engagements) were nearly level. The results held under every robustness check run on this item (9 of 9 checks).

Limitations

The evidence is reported experience: what the delivery team said about its own engagement, gathered in one cross-section. The figures showed associations, not causes. Indicators about the financial institution were reported at second hand by vendor staff. Cancellation is a descriptive contrast, because canceled engagements were rated after they ended.

Tests across respondent role and vendor type were run at respondent level and treated respondents as independent. The section Clustering and Effective Sample Size states whether, and by how much, clustering within engagements reduced the information in respondent level figures.

Each engagement took its answer from the plurality answer of its respondents, with ties left out (118 of 150 engagements).

Definitions

Table 18. DefinitionsTable
TermDefinition
Response scaleAs recorded, shown in Table 1. The indicator is not a rating, so no distressed range is defined.
Answering baseRespondents who answered yes or no.
Non-answers“I do not know” and “I prefer to not answer” are counted separately and are excluded from the answering base and the shares.
Indicator classPerceived fact: a state of the engagement as the respondent perceives it, so “I do not know” is counted and reported as an answer.
Failure categoryOne of the five failure categories of the Study Taxonomy, section 3. Only the 100 rated indicators carry one, and the indicator is not among them.
Engagement indicator meanThe mean of an engagement’s 100 indicator ratings.

Sources and Provenance

Table 19. Sources and provenanceTable
ItemValue
Study dataStudy Data.xlsx, Data sheet, column C063, sha256 219eba0457274d04
Statistics enginecompute_statistics.py, sha256 738319eef764602b
Statistics recordComputed Statistics.json, record C063, sha256 e405f65a43e37a6e
ComputedOctober 8, 2026, 01:38 UTC
TemplateIndicator Statistical Analysis Template, version 1.1 of 2026-10-06
Figures placed by script635 of 635

Continue the report

Executive summary →
Overview

Executive Summary

Four findings from 150 engagements

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Introduction

Introduction

Scope, evidence, and how the report is organized

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Part 1

Engagement Outcomes

Poor results on every measure, and what separates them

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Part 2

The Five Failure Categories

Where failure concentrates, category by category

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Part 3

Governance, Oversight, and Control

Controls that existed in name only

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Part 4

The Delivery Workforce

Early in their careers, dissatisfied, and many intending to leave

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Part 5

Manual Alteration

How the delivery team altered the work to sustain it

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Part 6

Executive Action Plan

Seven immediate actions and a first-year plan

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Appendices

Appendices

Definitions, indicator inventory, method, and disclosures

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Data

Study Data

Deep-dive analyses of the study indicators, published in stages

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