Trends Report

Global Banking Platform Deals 2010

Some Banking Platform Vendors Mastered The 2009 Storm Smoothly

March 31st, 2011
Jost Hoppermann, null
Jost Hoppermann
With contributors:
Mike Gilpin , Sander Rose

Summary

Forrester surveyed 23 vendors of globally deployed banking platforms on their 2010 deals. Considering participants of both the 2009 and 2010 surveys, deal volume of the top 10 vendors increased by 13% from 2009 to 2010. Oracle and Temenos remain the Global Power Sellers, with a group of five global vendors following at varying distances: Infosys Technologies, Nucleus Software Exports, Polaris Software Lab, SAP, and Tata Consultancy Services. The market has the potential to divide into two tiers, with the next few years showing how permeable the boundaries will be.

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