Trends Report

2011 Canadian Bank Secure Website Rankings

eBusiness Teams At Canada's Top Banks Make Major Improvements

December 8th, 2011
Peter Wannemacher, Principal Analyst
Peter Wannemacher Principal Analyst
With contributors:
Brad Strothkamp , Myriam Da Costa

Summary

Forrester conducted our annual evaluation of the secure online banking websites of the six largest Canadian banks — Bank of Montreal, CIBC, National Bank of Canada, Royal Bank of Canada (RBC), Scotiabank, and TD Canada Trust — using our Website User Experience and Functionality Benchmark (WSB) methodology. RBC and CIBC once again took the top two spots, with RBC in the lead. Overall, our evaluation reveals that eBusiness teams at Canadian banks have enhanced their secure websites, with changes to layout, navigation, and design having a big impact for multiple firms. The next step is for eBusiness leaders to move beyond the basics and innovate with services such as personal financial management (PFM) tools and superior eDelivery.

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