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It was a very good year SALES LEAGUE TABLE 2017


The wait is over. IBS Intelligence brings you its Sales League Table 2017, which highlights the growing role of emerging markets in shaping global banking technology demand and the rise of neo-banks and various other challengers


least, and no, we aren’t talking about the US elections and Brexit. The year kept core banking and a host of banking technology players busy. Consider this: the average deal count for back office systems in the last three years was 242. 2016 alone saw the number shoot up to 361. This clearly reflects the following changing dynamics:


I • • •


Higher demand from developing markets, particu- larly Asia and Middle East Asia


Advent of new banks – including microfinance insti- tutions, credit unions and payment banks


Regulations driving the need for technology platform CONVENTIONAL BACK OFFICE DEALS | 2013-2017


t has been an eventful 12 months, to say the


replacements and upgrades


To give an overall context, the IBS SLT 2017 had 63 solu- tions (52 in 2016) with a 32% increase in the deal count over last year. While universal banking systems still ac- count for the lion’s share (47% of the total deals), we have seen a spike in lending systems, which have more than doubled. This is interesting, considering P2P and alterna- tive lending also emerging elsewhere on the horizon. Treasury applications, counted primarily in the wholesale banking system category, have also seen a considerable increase of 44%, reflecting an emphasis on compliance, reporting and regulation driven technology adoption.


www.ibsintelligence.com © IBS Intelligence 2017


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