Quadrant Knowledge Solutions’ Digital Banking Platform market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading Digital Banking Platforms vendors, with a global impact. The SPARK Matrix includes analysis of vendors, including ACI Worldwide, Backbase, Coconet, CR2, Data Center Inc, EdgeVerve, Finastra, Fiserv, FIS, i-exceed, Intellect Design Arena, Oracle, Sandstone Technology, Tagit, Temenos, VeriTran, and Zentity.
According to Priyanka Panhale, analyst at Quadrant Knowledge Solutions “The modern digital banking platforms are built using microservices architecture and often offers several out-of-the-box capabilities to help banking organizations accelerate time to market in introducing new services, improving presence in an omnichannel environment, provide a frictionless experience, and personalize customer engagements to achieve CX goals.” Priyanka further adds “digital banking platforms vendors are making significant investments in adding advanced functionalities to help banks transform their banking operations, meet the digital expectations of the most demanding customers, and satisfy growing business needs to compete and win in the global market.”
According to Shruti Jadhav, Associate Director at Quadrant Knowledge Solutions “digital banking platform providers continue to strengthen their capabilities to offer enhanced integration & interoperability with existing core banking systems. Additionally, the vendors are making significant investments for incorporating advanced predictive analytics, artificial intelligence, and machine learning technologies to provide a comprehensive 360-degree analysis and contextual customer insights for an enhanced personalized engagement across interaction channels and digital touchpoints.”
2021 Digital Banking Platform SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
Executive Overview
- Key Research Findings
Market Overview and Technology Trends
Factors Influencing Technology Development and Market Growth
Market Adoption Trends
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: Digital Banking Platform Market
Vendor Profiles
Research Methodologies
Custom Research Service
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- Strategic planning and tactical opportunities
- Go to market strategies