The banking and financial services industry is burdened by obsolete legacy systems, talent shortage, and rapidly changing global and regional regulations. To deal with these challenges, enterprises are adopting third-party enterprise platforms.
In particular, third-party platform vendors are championing ecosystem-led innovation by building solutions that can be easily integrated with existing systems, as well as third-party products and services from market disruptors such as FinTech start-ups and data vendors.
In this research, we analyze third-party platform vendors and the service provider landscape across various lines of business.
Scope
We have analyzed BFS enterprise platforms and service providers across cloud-based core banking systems, digital experience platforms, anti-money laundering and financial crime solutions, loan origination systems, payment platforms, trade finance platforms, and collateral management systems.
Contents
In this report, we study the following topics:
- Third-party platforms landscape
- Spend on enterprise platforms in BFS
- BFS enterprise platform IT outsourcing services market
- Key demand and supply themes for BFS enterprise platforms
- Case studies and key market disruptors
- Leading third-party enterprise platform vendors across various lines of business and the overall system integration landscape
Membership(s)
Banking & Financial Services (BFS) - IT Services (ITS)