IntroductionChallenges facing the retail banking industry are causing a re-evaluation of core systems platforms.
As most banking platforms were developed many years ago, banks are realizing that core systems must be adapted to cope with modern and future requirements.ScopeDiscusses current market trends in the US and EuropeDiscusses implications and industry dynamics for retail banking institutionsReport HighlightsThe retail banking industry in North America and Europe is reaching its maturity.
While competition intensifies, the industry is experiencing a period of essential changes driven by a number of various trends.
The ongoing political pressure for reform in the retail banking sector continues to generate some level of uncertainty.
However, the sector will benefit from moves that are making it more globally competitive and enabling the creation of integrated financial services providers.
In North America consolidation remains one of the most important strategies of revenue growth and increasing market share, on the European continent M&A is increasingly emerging as European integration follows and domestic consolidation in most countries is largely played out.
Reasons to PurchaseGain visibility on the core system environment in the European and North American retail banking marketsGain market insight to assist in your strategic planning and go-to-market strategy