Wave Report

The Forrester Wave™: Core Banking Suites, Q1 2007

Infosys, i-flex solutions, SAP, And TEMENOS Lead In Global Core Banking

January 19th, 2007
Jost Hoppermann, null
Jost Hoppermann
With contributors:
Matthew McCormack , Andrew Parker , Ashara Giordanelli

Summary

Forrester evaluated world-leading core banking suites across 88 criteria and found that Infosys, i-flex solutions, SAP, and TEMENOS are members of the leader category. Infosys scores highly on the overall current offering and corporate strategy; i-flex benefits from a strong solution without any true weak spots; SAP offers platform agility and a clear product strategy; and TEMENOS enjoys the strongest core banking functionality. Fiserv is a strong performer: It scores well on a number of criteria throughout the Forrester Wave. Although this evaluation identifies the outstanding providers in this field, all the products that Forrester evaluated offer value to end users. Each product has its individual strengths that will be of particular use to a given type of bank.

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