Press release
Core Banking Software Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2023 to 2029)
The growing acceptance of such technologies is generating opportunities for companies in the market. For instance, in May 2021, Fern Software launched Quantum AI, a loan decision engine powered by Salesforce Einstein Artificial Learning technologies, which can rapidly and accurately determine loan decisions for any financial institution. Quantum AI uses financial institution's customer loan portfolios to support financial services inputs from open banking and Credit Referencing Agencies (CRAs) to determine loan decisions efficiently. Quantum AI executes various decision flows to identify trends based on historical data to accurately generate loan predictions after the submission of loan applications with a 92.7% prediction accuracy rate. The adoption of such technology may result in raising loan volume and reducing operational costs. Owing to such advantages provided by AI-based technologies banks are ready to accept new banking solutions and contribute to the growth of the core banking software market.
To Request a Sample of our Report on Core Banking Software Market: https://www.omrglobal.com/request-sample/core-banking-software-market
Market Coverage
The market number available for - 2021-2030
Base year- 2022
Forecast period- 2023-2030
Segment Covered-
By Solution Type
By Service Type
By Deployment Type
By End User
Regions Covered-
North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- Capgemini., C-Edge Technologies, Computer Services, Inc., EdgeVerve Systems Ltd., Finastra, FIS, Fiserv, Inc., HCL Technologies Ltd., IBM, Infrasoft Technologies, Jack Henry & Associates, Inc, Microsoft, and others.
Core Banking Software Market Report by Segment
By Solution Type
Enterprise Customer Solutions
Loans
Deposits
By Service Type
Professional Service
Managed Service
By Deployment Type
On-premise
Cloud
By End User
Banks
Financial Institutes
Others (Credit Unions)
A full Report of Core Banking Software Market is Available @ https://www.omrglobal.com/industry-reports/core-banking-software-market
Core Banking Software Market Report by Region
North America
United States
Canada
Europe
UK
Germany
Spain
France
Italy
Rest of Europe
Asia-Pacific
India
China
Japan
South Korea
Rest of APAC
Rest of the World
Latin America
Middle East & Africa
Company Profiles
C-Edge Technologies
Computer Services, Inc.
EdgeVerve Systems Ltd.
Fern Software Ltd.
FIS
Fiserv, Inc.
HCL Technologies Ltd.
IBM Corp
Infrasoft Technologies Ltd
Jack Henry & Associates, Inc
Microsoft Corp
NCR Corp.
SAP SE
Tata Consultancy Services Ltd.
Unisys Corp
VSoft Technologies Pvt. Ltd.
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More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
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