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For Enterprise Architecture Professionals

The Forrester Wave™: Global Banking Platforms, Q1 2009

A Compact Group Of Banking Platforms Offers Agile Banking Support

Latest Update: November 9, 2009

By Jost Hoppermann with Gene Leganza, Mimi An, Matt Czarnecki

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Why Read This Report

Forrester evaluated world-leading banking platform products across 108 criteria and found that Infosys Technologies with Finacle, TCS Financial Solutions (TCSFS) with TCS BaNCS, and Temenos with T24 are in the Leader category. Infosys with Finacle scores highly on banking platform functionality, platform agility, and overall strategy; TCSFS benefits from a very balanced overall performance; and Temenos' banking platform scores well on a number of topics including regulation as well as corporate strategy. Oracle's and SAP's banking platforms are both Strong Performers: Oracle scores well on corporate strategy and installed base, while SAP is strong with regard to partners and system integrators and SOA readiness. Although this evaluation identifies the outstanding providers in this field, all the products that Forrester evaluated offer value to firms in the banking industry. Each product has its individual strengths that will be of particular use to a bank and its given type of environment and situation.
Tags: Application Architecture, Application Development, Architecture & Technology Strategy, Banking, Banking Platforms, Business Architecture, Business Process Management (BPM), Customer Relationship Management (CRM), Enterprise Architecture Domains, Enterprise Architecture Strategy and Process, Financial Services, Financial Services Technologies
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TABLE OF CONTENTS

  • Banks Need To Deal With The Renewal Imperative — Even In Dire Economic Times
  • Global Banking Platform Evaluation Overview
  • Evaluated Banking Platforms Are A Compact But Heterogeneous Group
  • Vendor Profiles
  • Supplemental Material
  • Related Research Documents
 
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