skip to main content
Close Icon We use cookies to improve your website experience.  To learn about our use of cookies and how you can manage your cookie settings, please see our Cookie Policy.  By continuing to use the website, you consent to our use of cookies.
Global Search Configuration


IT investment in the retail banking market is growing. This review of contract activity in 3Q16 provides actionable insights to support activities including trend analysis, IT investment decision-making, and client engagement.


  • 3Q16 saw a contraction in banking contract activity from the previous quarter, returning to levels seen in 1Q16. The decline was caused primarily by a reduction in deal flow in the US, but a similar trend occurred in all other geographical areas.
  • The digital banking platform market is now experiencing a slower phase, probably influenced by the number of banks that have finished their channel investments for this platform cycle.
  • In 3Q16, wealth management–related core banking modernization saw an increase in activity, and lending-related investments were also of interest to banks.

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: Quarterly Analysis, 3Q16

Recommended Articles


Have any questions? Speak to a Specialist

Europe, Middle East & Africa team: +44 7771 980316

Asia-Pacific team: +61 (0)3 960 16700

US team: +1 212-652-5335

Email us at

You can also contact your named/allocated Client Services Executive using their direct dial.
PR enquiries - Email us at

Contact marketing -

Already an Ovum client? Login to the Knowledge Center now