Trends Report

Forrester’s Analysis Of 2019 Banking Platform Deals: APAC Banks’ Interest Focused On Core Banking, Customer Data Management, Lending, And Regulatory Compliance

November 2nd, 2020
With contributors:
Oliwia Berdak , Corrado Loreto

Summary

Banking technology teams seeking the right off-the-shelf banking platform need to look at both the product’s functional breadth, depth, and roadmap as well as the vendor’s current market presence. To help banking technology teams in Asia Pacific (APAC) choose, Forrester’s Global Banking Platform Deals Survey 2020 shows the functionality in the deals signed in 2019. The functionality that APAC banks purchased in 2019 focused strongly on core banking, customer data management, lending, and regulatory compliance. Many contracts also included omnichannel banking and consumer-facing payments. Banking technology teams can learn more about individual banking platform providers from The Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019 and the recent evaluations of digital banking processing platforms for retail banking and corporate banking; you can also book an inquiry to discuss your requirements.

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