Target Group

Target Group provides outsourced administration and technology services to financial firms. It is regulated by the FCA, and its parent company is the IT group Tech Mahindra.

What Target Group offers

• Business process outsourcing — back-office administration of loans and investments for banks and portfolio owners.
• Managed services — IT systems and payment services shaped to a client's needs.
• Software solutions — software that supports the customer journey and efficiency.
• Operational transformation — work with clients to redesign how their operations run.

Who it works with

The firm serves banks, lenders, building societies and other financial services providers, along with some public sector bodies. Its site says it has worked with financial services brands for more than forty years.

Key facts

• Regulation: FCA-regulated
• Parent company: Tech Mahindra
• Rating: the older profile cites an Above Average rating from Standard and Poors for its outsourcing operation