European Web-Based Cash Management Solutions

by Isabella Fonseca, February 10, 2003

Abstract

Milan, Italy Boston, MA, USA February 10, 2003

In a new report, Celent Communications ranks the top Web-based cash management software vendors in the European market.

In a new, 45-page report, , Celent Communications analyzes the solutions of 10 leading vendors and ranks them based on the following criteria: depth of functionality, reputation, financial stability, technology supported, flexibility and customization, and deployment methods supported. Using information from questionnaires, interviews, and client references, Celent determined the top vendors as shown in Table 1.

Top Cash Management Vendors

"Current economic conditions, the introduction of the euro, and increasing competition have spurred a re-evaluation of corporate banking services in the European market," says Celent analyst Isabella Fonseca, lead author of the report. "Although PC-based corporate cash management solutions have long dominated the European banking landscape, European banks will slowly migrate to Internet-based technology. They will adopt vendor solutions to lower long-term maintenance costs and stay competitive. It is an opportunity for solution providers targeting the European market."

The study also includes a discussion of the major developments and trends in European cash management.

The vendors covered in this report include: Cambista Technologies, Eontec, Financial Objects, i-flex Solutions, Kyriba, CashTech Solutions, Fundtech, Infogroup, Misys, and S1.

A is available online.

Ranking Pure Web-Based  Solutions Hybrid Solutions

1

i-flex Solutions S1

2

Financial Objects Misys

Vendors to  Watch

Kyriba Fundtech
Source: Celent Communications

of Celent Communications' Wholesale Banking research service can download the report electronically by clicking on the icon to the left.  Non-members should contact info@celent.com for more information.

Celent is a research and advisory firm dedicated to helping financial institutions formulate comprehensive business and technology strategies. Celent publishes reports identifying trends and best practices in financial services technology and conducts consulting engagements for financial institutions looking to use technology to enhance existing business processes or launch new business strategies. With a team of internationally based analysts, Celent is uniquely positioned to offer strategic advice and market insights on a global basis. Celent is a member of the Oliver Wyman Group, which is a wholly-owned subsidiary of Marsh & McLennan Companies [NYSE: MMC].

Media Contacts

North America
Michele Pace
mpace@celent.com
Tel: +1 212 345 1366

Europe (London)
Chris Williams
cwilliams@celent.com
Tel: +44 (0)782 448 3336

Asia (Tokyo)
Yumi Nagaoka
ynagaoka@celent.com
Tel.: +81 3 3500 3023

Table of Contents

 

Milan, Italy Boston, MA, USA February 10, 2003

European Web-Based  Cash Management Solutions

Return to report Abstract

 

EXECUTIVE SUMMARY 3
INTRODUCTION 4
MARKET OVERVIEW 6
  Major Trends 7
  Spending on Internet Cash Management Technology 10
VENDOR OVERVIEW 11
VENDOR PROFILES 12
  Pure Web-Based Solutions 14
  Cambista Technologies Limited 14
  Eontec 15
  Financial Objects 17
  i-flex Solutions 19
  Kyriba 21
  Hybrid Solutions 22
  CashTech Solutions 22
  Fundtech 24
  Infogroup 26
  Misys 27
  S1 30
VENDOR COMPARISONS 34
  Technology 34
  Implementation 35
  Revenues 36
  Number of Clients 37
  Features and Functionalities 37
VENDOR EVALUATION 41
LOOKING AHEAD 44

 

        

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