A third-party software vendor, unlike the legacy system that is developed by a bank’s own in-house IT staff, develops third-party banking software. Worldwide banks are increasingly becoming dissatisfied with legacy systems. These systems lack innovative functionalities available in the modern systems today. Integration of new functionalities in a legacy system is very challenging. Thus, banks are increasingly adopting third-party banking software that provides increased flexibility and operational benefits compared to legacy systems.
Analysts forecast the Global Third-party Software market to grow at a CAGR of 7 percent over the period 2014-2019.
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Covered in this Report
This report covers the present scenario and the growth prospects of the Global Third-party Software market for the period 2015-2019. The Global Third-party Software market is categorized into three main segments: Core Banking, Multichannel, and BI.
Global Third-Party Software Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the Global Third-party Software market landscape and its growth prospects in the coming years. The report also includes a detailed discussion of the key vendors operating in this market and their market shares.
- Latin America
- North America
- Tata Consultancy Services
- Temenos Group
Other Prominent Vendors
- Diasoft Software Solutions
- FIS Group
- Jack Henry & Associates
- Nucleus Software
- Polaris Financial Technology
- Sopra Banking Software
- Sungard Ambit
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Path Solutions Key Market Driver
- Increased Adoption of Customer-centric Core Banking
Key Market Challenge
- Concerns Regarding Information Security
Key Market Trend
- Rising Need for Patch Management
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Global Third-party Banking Software Market: Segmentation
Exhibit 3: Global Third-party Banking Software Market Segmentation 2014
Exhibit 4: Global Third-party Banking Software Market Segmentation 2014
Exhibit 5: Global Third-party Banking Software Market Segmentation 2015-2019
Exhibit 6: Global Core Banking Software Market (US$ billion)
Exhibit 7: Global Multichannel Banking Software Market (US$ billion)
Exhibit 8: Global BI Solutions Market for Banking Sector (US$ billion)
Exhibit 9: Global Private Wealth Management Software Market (US$ billion)
Exhibit 10: Global System Integration Services Market by End-users 2014-2018 (US$ million)
Exhibit 11: Oracle: Business Segmentation by Revenue 2013
Exhibit 12: Oracle: Business Segmentation by Revenue 2012 and 2013 (US$ billion)
Exhibit 13: Oracle: Geographical Segmentation by Revenue 2013
Exhibit 14: Business Segmentation of SAP AG
Exhibit 15: Revenue Segmentation of SAP AG 2013
Exhibit 16: Revenue Comparison of Business Segments 2012 and 2013 (US$ million)
Exhibit 17: Revenue Segmentation of SAP AG by Geography 2013
Exhibit 18: Global Third-party Banking Software Market: Revenue by Business Segmentation 2013
Exhibit 19: Global Third-party Banking Software Market: Revenue by Business Segmentation 2012 and 2013 (US$ billion)
Exhibit 20: Global Third-party Banking Software Market: Revenue by Geographical Segmentation 2013
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