Press release
Top 10 Leading Core Banking Software Market Companies in the World By Fortune Business Insights
How Did We Develop This Report?
The Core Banking Software Market for core banking software houses regulatory firms and processors in its supply chain. We have used both primary and secondary research to obtain quantitative and qualitative data about the supply and demand sides. We have also analyzed competitive developments, such as collaborations, new product launches, mergers & acquisitions, joint ventures, collaborations, and agreements. Lastly, the report includes profiles of the prominent organizations and the strategies adopted by them to increase sales.
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Important Features that are under Offering and Key Highlights of the Market Report:
Detailed overview of Core Banking Software Market Share
Changing market dynamics of the industry
In-depth market segmentation by Type, Application, etc.
Historical, current and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising market growth
COVID-19 Pandemic to Hinder Growth by Changing Interest Rates
The emergence of the COVID-19 pandemic has changed the work culture of various industries across the globe. Numerous financial and baking institutes are implementing the work from home (WFH) policy. Besides, delays in lease payments and changes in interest rates would affect growth negatively. We are delivering accurate reports to help you gain more insights into the current situation of the Core Banking Software Market.
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Drivers & Restraints-
Increasing Need to Monitor Banking Processes Efficiently Will Bolster Growth
The increasing adoption of SaaS-based or cloud-based core banking software solutions provided by various manufacturers, such as Temenos AG and Finastra would propel the market growth in the near future. These help banks in monitoring transactions and payments effectively. However, the surging concerns about mobile malware, application vulnerabilities, information loss, and unencrypted data may obstruct the demand for core banking software solutions.
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A list of all the renowned software providers operating in the global Core Banking Software Market:
Alphabet Inc. (Google LLC) (California, United States)
SAP SE (Walldorf, Germany)
International Business Machines Corporation (IBM) (New York, United States)
Oracle Corporation (California, United States)
Microsoft Corporation (Washington, United States)
Infosys Limited (Bengaluru, India)
Tata Consultancy Services Limited (Mumbai, India)
Capgemini SE (Paris, France)
HCL Technologies Limited (Noida, India)
Intellicus Technologies (California, United States)
NCR Corporation (Georgia, United States)
Finastra (London, United Kingdom)
Wipro Limited (Bengaluru, India)
Fiserv, Inc. (Wisconsin, United States)
Temenos AG (Geneva, Switzerland)
Fidelity National Information Services, Inc. (FIS) (Florida, United States)
Jack Henry & Associates, Inc. (Missouri, United States)
Unisys Corporation (Pennsylvania, United States)
VSoft Technologies Pvt. Ltd. (Telangana, India)
Computer Services, Inc. (CSI) (Kentucky, United States)
C-Edge Technologies Ltd. (Mumbai, India)
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Competitive Landscape-
Key Players Focus on Launching Novel Core Banking Software to Intensify Competition
This Core Banking Software Market contains a large number of companies. They are mainly focusing on the development of innovative software solutions to cater to the high demand worldwide. Some of the others are also engaging in the partnership strategy to enhance their positions. Below are the two latest industry developments:
August 2020: COK Sodality Co-operative Credit Union Limited introduced its latest Universa Digital Core Banking Suite. It is available for both desktop and mobile devices. It will help COK’s members to use a single username and password for going through the authentication process in every electronic channel.
August 2020: Fidelity National Information Services, Inc. (FIS) launched ClearEdge, its latest subscription-based core banking software solution. It will simplify and speed up the access to the advanced technology that banks will utilize for serving their customers amid the post-pandemic phase.
Contact:
Name: Ashwin Arora
Email: sales@fortunebusinessinsights.com
Phone: US +1 424 253 0390 / UK +44 2071 939123 / APAC: +91 744 740 1245
About Us:
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
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