Vendors
日本語

Big Leagues Table 2012: Global Core Banking Sales Ranking

Create a vendor selection project
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
We are waiting for the vendor to publish their solution profile. Contact us or request the RFX.
Projects allow you to export Registered Vendor details and survey responses for analysis outside of Marsh CND. Please refer to the Marsh CND User Guide for detailed instructions.
Download Registered Vendor Survey responses as PDF
Contact vendor directly with specific questions (ie. pricing, capacity, etc)
21 December 2012

Abstract

Competition within core banking is becoming increasingly more intense, as global players look to flush out the wide range of opportunities coming from emerging geographies.

The international expansion of financial institutions and changing requirements for products and services offered by banks have provided a wealth of opportunities for core vendors. Banks are still wiping away the debris from the global financial crisis, and what they’re finding is a global financial system that is more constrictive on their bottom line.

In the report, Big Leagues Table 2012: Global Core Banking Sales Ranking, Celent has developed a scoring methodology to rank the core banking vendors on their deals during the time period between July 1, 2011 and June 30, 2012. The Celent Big Leagues Table assesses the success of a core banking vendor based on a proxy for the value of deals won, rather than merely the number of deals. Celent believes that a sales ranking should include both the size of the deals and an adjustment for the geographical location of the implementation. With that view, Celent introduced the Big Leagues Table to compare how various core banking vendors performed across the world.

Compared to last year, the total number of core deals has gone up significantly, going from 226 in 2010–11 to 445 in 2011–12. Deal sizes have also gone way up due to a number of large deals. The highest number of deals is still coming out of Asia and Africa, and Celent sees those regions continuing to constitute the bulk of sales going forward.

“The regulatory fallout from the financial crisis has added a multitude of complexity to the needs of financial institutions around the globe,” says Stephen Greer, Analyst with Celent’s Banking Group and author of the report. “Vendors have been rushing to take advantage of this opportunity of necessity.”

This report provides a detailed look at core banking deals and measures the number of new banking deals that vendors won in the 12 months ending June 30, 2012. The report first provides a geographical analysis of North America, Latin America, Western Europe, Asia-Pacific, and Eastern Europe, the Middle East, and Africa.

This 62-page report contains 61 figures and three tables.