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For Application Development & Delivery Professionals

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May 28, 2010

Global Banking Platform Deals 2009

2009 Was Not The Best Of All Times

by Jost Hoppermann

with Mike Gilpin, Sander Rose

Average:
10 
(1 rating)

This is an excerpt

Executive Summary

Forrester surveyed 17 vendors of globally deployed banking platforms on their 2009 deals. Considering participants of both the 2008 and 2009 surveys, deal volume shrunk by 18% from 2008 to 2009. Oracle and Temenos remain the Global Power Sellers. They defended their 2009 territories against the smallest group of Global Challengers ever. The bottom line? Most banking platform vendors lost traction in 2009 on new deals, and banking platform vendor consolidation continued. Application delivery teams need to scrutinize the changing vendor landscape carefully to make the best use of flexible solutions and more global functionality than in the past.

TABLE OF CONTENTS

  • Global Banking Platform Deals In 2009: Not The Best Of All Times
  • Global Banking Platform Vendors' Success Levels Were Heterogeneous
  • Forrester's 2009 Vendor Pyramid Looks Different From Previous Years

WHAT IT MEANS

  • Competition Gets Fierce — And Banking Platform Selection More Difficult
  • Supplemental Material
  • Related Research Documents

This is an excerpt

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