Trends Report

Global Banking Platform Deals 2011: Regions

The 2012 Survey Shows Global Activity And A Strong Regional Focus

June 4th, 2012
Jost Hoppermann, null
Jost Hoppermann
With contributors:
Mike Gilpin , Reedwan Iqbal

Summary

Forrester surveyed 25 vendors of globally deployed banking platforms on their 2011 deals. Our regional analysis shows that varying levels of vendor success caused fluctuations in regional activity — large ones, in some cases. Broad vendor success focused on fewer geographical regions than in the past, with some traditional global banking platform vendors obtaining more than three-quarters of their 2011 deals in a single region or even a single country. At the same time, the trend toward centers of demand that Forrester first identified a few years ago continues to accelerate, wherein a few countries generate the vast majority of banking platform deals. This development will make banking platform selection more complex in the future.

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