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Introduction

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.

Highlights

  • 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

Summary

  • Introduction
  • Download 1: Banking Software Contracts Analytics: Quarterly Analysis, 3Q16

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