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IT investment in the retail banking market is growing. This review of contract activity in FY16 provides actionable insights to support activities including trend analysis, IT investment decision-making, and client engagement.


  • 2016 demonstrated that the banking IT software market is doing well and staying buoyant as banks continue forward on their paths to digital transformation.
  • Trends in core banking systems investment varied across regions. Small banks were very active in North America; in Europe, activity was spread across tiers; and in Asia-Pacific, smaller banks led the investment activity.
  • More mature markets are experiencing a calmer period in online and mobile banking investment, but other regions have continued to invest in these systems, with the total number of deals rising to 111 (mobile banking) and 110 (online banking).

Features and Benefits

  • Assesses levels of IT investment in different areas of the banking market in 2016.
  • Analyzes recent market activity and changes in the marketplace in light of longer-term trends.

Key questions answered

  • Which regions and system areas saw the most contract activity in 2016?
  • Where are banks looking to invest?

Table of contents


  • Introduction
  • Download 1: Banking Software Contracts Analytics: Analysis of FY16

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