Trend Report

Forrester’s Analysis Of 2019 Banking Platform Deals: North American Banks’ Investments Focus On Lending And Regulatory Compliance

Jost Hoppermann
Sep 23, 2020

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 choose among the leading solutions, Forrester’s Global Banking Platform Deals Survey 2020 shows the deals signed in 2019. The functionality that North American banks purchased in 2019 focused strongly on transactional capabilities, such as lending, but also on regulatory compliance and — to a lesser degree — on analytics. 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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