Boston, February 6, 2019 – It is time for U.S. financial institutions to replace the antiquated and inefficient core systems that continue to run behind the scenes at many institutions. The perceived risks associated with a full core system transformation have held several institutions back, but fortunately, technological enhancements, more open and componentized architectures, and phased replacement strategies are enabling more institutions to move forward with the core system replacements they have put off for far too long.
Leveraging the AIM, a proprietary Aite Group vendor assessment framework, this Impact Report evaluates the overall competitive position of six vendors, focusing on vendor stability, client strength, product features, and client services. This report profiles CSI, Finastra, FIS, Fiserv, Jack Henry, and VSoft.
This 73-page Impact Report contains 22 figures and 21 tables. Clients of Aite Group’s Retail Banking & Payments or Wholesale Banking & Payments service can download this report, the corresponding charts, and the Executive Impact Deck.
This report mentions Accenture, COCC, Corelation, CU-Answers, CSI, EdgeVerve, EPL, Finastra, Finxact, FIS, Fiserv, Intellect Design Arena, Jack Henry, Nymbus, Oracle, SAP, Synergent, Tata Consultancy Services, Temenos, and VSoft.
About the Author
Christine Barry
Christine Barry serves as Leader of Strategic Initiatives, Research for Datos Insights. She is also a member of the Commercial Banking and Payments team focusing on the strategies and technology implementations of global banks of all sizes. Her recent research has addressed global cash management trends and technologies, capturing the valuable small-business customer, bank priorities for treasury onboarding, and the...
Other Authors
David Albertazzi
David Albertazzi is the Director of Datos Insights' Retail Banking & Payments practice, and he focuses on retail bank channels and core banking technologies. He specializes in technology solutions used by banks and credit unions to support their mobile banking, online banking, branch, ATM, and call center channels, and he assesses the strategies and technology implementations of financial institutions of...