whether local or the operations of international banks, tend to use local packages.
Similarly, Turkey-based Inter tech had a couple of successes
from banks in its domestic market for its core banking system, comprising Rabo bank for Turkey itself and Zira at Bank for Germany, plus a win in Azerbaijan at ASB Bank (the first one in the country for this vendor). Turkey has been another country where banks have not prospered with non- Turkish systems so far. Rabobank tends to standardise on a few systems across the globe (particularly Sopra’s Callataÿ & Wouters-derived Sopra Banking Platform, aka Thaler) but appears to have decided that local is best for Turkey. Ziraat Bank, having tried to standardise on TCS’s Bancs, appears to have gone firmly for the local software route, with Asseco also a beneficiary, picking up a deal in early 2015 from the bank for Sarajevo, Bosnia and Herzegovina.
It could be argued that Sword Apak has been similarly
benefiting in the UK from the demand for local solutions, scooping up two more small banks, Julian Hodge Bank for core and Secure Trust Bank for a subset, at least at the outset, of processing (property development lending).
Sopra’s Amplitude(Delta-Bank,aswas) had a much
improved year, with deals in Cameroon, Congo, Democratic Republic of Congo, Mauritius, and Senegal, plus new country extensions (not counted in the supplier’s tally) from Société Générale for Togo and CCEI for Benin.
Also prospering in Africa was another traditional specialist on the continent, Portugal-based Exictos. It gained a couple of start-upsin Angola, Banco Valor in the same country(claimed by Oracle as a Flex cube taker in 2010), and Banco Mercantil de Investimentos in Mozambique. It too gained a county extension from an existing customer with BPA taking the system for a move into Namibia.
Albeit a solitary deal, it was interesting to see Greek
supplier, Intrasoft International, with Profile, gain another African contract, at Centenary Bank in Uganda, following on from a couple of wins herein the last few years. A more traditional player in Africa, Neptune Software, had a handful of deals for its pure micro finance system, Orbit-R, but gained Unguka Bank, a broad, 20 branch bank in Rwanda, for its full Rubikon core system. And India-based Trust Systems & Software had deals for its Trust bank system in Ghana, Liberia and Mozambique.
So all in all, particularly when you look beyond the mainstream suppliers and consider the smaller ones as well, Africa was fairly busy, although with a few obvious countries(Nigeria, Ethiopia and Kenya) showing a lot less activity than in some previous years.
40
Among the relatively few wins in Latin America, the locals picked up modest handfuls. DL&A with the Bantotal system had single wins in Colombia, Mexico and Uruguay (at the country’s largest bank, BROU).
Among the rest, Intellect Design Arena (Polaris) chips away
at the core banking and lending systems space. It sells a wide range of components for non-core areas (cards, collections, CRM, collateral management etc) but had Intellect Lending deals in Qatar, Egypt and India.
India-based Nucleus Software won a deal for its Finn One
lending system in Zimbabwe, plus one in the UAE and one in Japan, where the supplier has a few long-standing users.
Kuwait-based ITS, which has experienced some issues in
the last year or two, had a couple of wins in Libya for its Ethix core system, plus individual wins in Bahrain, Egypt and Ghana.
Sopra’s Sopra Banking Platform/Thaler gained just two new
clients: Reiknist of a Bank anna in Iceland, which is owned by the three main banks, the Icelandic Banking Association and the two main payment card processors, and PSA Direkt bank in Germany, a new online savings bank owned by Banque PSA Finance.
While FIS only brought in two deals for its Profile system outside the US, both were interesting, comprising another win in India, at Bandhan Bank, and one in Thailand, at Tisco Bank.
The enigmatic Java-based core system from Misys, now Fusion banking(Bankfusion, as was), had the high profile win at the UK’s Student Loans Company, Bank of Belize (which also took the digital banking component, dubbed Essence), and one off- the-record win at a lending specialist in Southern Europe.
With politicalinst ability, sanctions and the ongoing
economic doldrums, the Russian market remained an unhappy hunting ground for international vendors. However, the domestic suppliers continued togain business, with more or less the same vendors continuing to dominate their respective segments.
The majority of the deals in the upper tier sector went the
way of the usual ‘heavyweights’, CFT and Dia soft, whilst the mid-tier and smaller sector was a happy hunting ground for Inversia (no surprises here).
The pickings for international vendors were slim to say the
least, with just one deal recorded in 2014. The beneficiary was Murex with its MX.3 treasury and capital markets system, which is being rolled out front-to-back office at Absolut Bank. Murex’s rival, Calypso, gained an extension of a deal with Otkritie Financial Corporation Bank, to implementits TCM software across the acquired Nomos-Bank operations.
When turning to the private banking players, the first place Market Dynamics Report 2017 |
www.ibsintelligence.com
Page 1 |
Page 2 |
Page 3 |
Page 4 |
Page 5 |
Page 6 |
Page 7 |
Page 8 |
Page 9 |
Page 10 |
Page 11 |
Page 12 |
Page 13 |
Page 14 |
Page 15 |
Page 16 |
Page 17 |
Page 18 |
Page 19 |
Page 20 |
Page 21 |
Page 22 |
Page 23 |
Page 24 |
Page 25 |
Page 26 |
Page 27 |
Page 28 |
Page 29 |
Page 30 |
Page 31 |
Page 32 |
Page 33 |
Page 34 |
Page 35 |
Page 36 |
Page 37 |
Page 38 |
Page 39 |
Page 40 |
Page 41 |
Page 42 |
Page 43 |
Page 44 |
Page 45 |
Page 46 |
Page 47 |
Page 48 |
Page 49 |
Page 50 |
Page 51 |
Page 52 |
Page 53 |
Page 54 |
Page 55 |
Page 56 |
Page 57 |
Page 58 |
Page 59 |
Page 60 |
Page 61 |
Page 62 |
Page 63 |
Page 64 |
Page 65 |
Page 66 |
Page 67 |
Page 68 |
Page 69 |
Page 70 |
Page 71 |
Page 72 |
Page 73 |
Page 74 |
Page 75 |
Page 76 |
Page 77 |
Page 78 |
Page 79 |
Page 80 |
Page 81 |
Page 82 |
Page 83 |
Page 84 |
Page 85 |
Page 86 |
Page 87 |
Page 88 |
Page 89 |
Page 90 |
Page 91 |
Page 92 |
Page 93 |
Page 94 |
Page 95 |
Page 96 |
Page 97 |
Page 98 |
Page 99 |
Page 100 |
Page 101 |
Page 102 |
Page 103 |
Page 104 |
Page 105 |
Page 106 |
Page 107 |
Page 108 |
Page 109 |
Page 110 |
Page 111 |
Page 112 |
Page 113 |
Page 114 |
Page 115 |
Page 116 |
Page 117 |
Page 118 |
Page 119 |
Page 120 |
Page 121 |
Page 122 |
Page 123 |
Page 124 |
Page 125 |
Page 126 |
Page 127 |
Page 128 |
Page 129 |
Page 130 |
Page 131 |
Page 132 |
Page 133 |
Page 134 |
Page 135 |
Page 136 |
Page 137 |
Page 138 |
Page 139 |
Page 140 |
Page 141 |
Page 142 |
Page 143 |
Page 144 |
Page 145 |
Page 146 |
Page 147 |
Page 148 |
Page 149 |
Page 150 |
Page 151 |
Page 152 |
Page 153 |
Page 154 |
Page 155 |
Page 156 |
Page 157 |
Page 158 |
Page 159 |
Page 160 |
Page 161 |
Page 162 |
Page 163 |
Page 164 |
Page 165 |
Page 166 |
Page 167 |
Page 168 |
Page 169 |
Page 170 |
Page 171 |
Page 172 |
Page 173 |
Page 174 |
Page 175 |
Page 176 |
Page 177 |
Page 178 |
Page 179 |
Page 180 |
Page 181 |
Page 182 |
Page 183 |
Page 184 |
Page 185 |
Page 186 |
Page 187 |
Page 188 |
Page 189 |
Page 190 |
Page 191 |
Page 192 |
Page 193 |
Page 194 |
Page 195 |
Page 196 |
Page 197 |
Page 198 |
Page 199 |
Page 200 |
Page 201 |
Page 202 |
Page 203 |
Page 204 |
Page 205 |
Page 206 |
Page 207 |
Page 208 |
Page 209 |
Page 210 |
Page 211 |
Page 212 |
Page 213 |
Page 214 |
Page 215 |
Page 216 |
Page 217 |
Page 218 |
Page 219 |
Page 220 |
Page 221 |
Page 222 |
Page 223 |
Page 224