Overview
Introduction
New entrants and consolidation have changed the dynamics of the core system provider competitive
landscape in US retail banking. This report analysis the market share for deposit systems to the top
100 US retail banks (by deposits) and examines implications for vendor strategy in light of latest
banking research on investment priorities and strategies in this area
Scope
- End-user research on core system investment priorities and strategies from IT & business
decision makers from 100 US retail banks
- A research program of major core systems vendors analyzing their core system clients and extent
of deployment of their system for each bank.
Report Highlights
Core systems investment has emerged as a significant IT spend growth area for top-tier US banks
in 2005 and forms of reengineering/ replacement mean core systems are now a top three project for
over 60% of top institutions
The core systems provider market share has remained fairly stable despite significant
developments in the composition of the top 100 banks (due to M&A), although ownership of most
systems has typically changed hands over the last decade. The key providers remain CSC, Fidelity
Information Services, Fiserv, Metavante, TriSyn
This report analyses market share by institutions and by deposit account serviced showing who
servicing the largest as well as highest number of clients
Reasons to Purchase
- Latest bank core banking strategies on a re-emerging investment area
- Updated market share information for deposit systems reflecting recently M&A activity in the
vendor community
- The US core system market is going to change over the next couple of years and new entrants make
their mark. This reports examine their likely success
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