Summary
Forrester surveyed 14 vendors of globally deployed banking platforms on their 2006 deals. The outcome of the deal analysis? i-flex solutions and TEMENOS are still the power sellers. Two of the new survey participants, Polaris Software Lab and TCS Financial Solutions, got off to a great start, joining Fiserv CBS Worldwide, Infosys Technologies, and SAP among the global challengers. The survey results also indicate that the number of off-the-shelf banking platform deals grew between 2005 and 2006 by at least 15%. The bottom line? Although more and more global banking platform vendors have truly global product suites, country-specific requirements remain important selection criteria — although less so than in the past.
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