Third-Party Banking Software Market Analysis North America, Europe, APAC, South America, Middle East and Africa - US, China, Japan, UK, Germany - Size and Forecast 2024-2028

Published: Dec 2023 Pages: 180 SKU: IRTNTR40555

Third-party Banking Software Market Forecast 2024-2028 

The third-party banking software market size is projected to increase by USD 12.31 billion at a CAGR of 7.55% between 2024 and 2028. In the dynamic landscape of the BFSI industry, operational efficiency is paramount, facilitated by digital technology innovations spanning databases, networking, and cloud computing. Both commercial and retail banks rely on technologically advanced analytical tools and big data analytics to optimize bookkeeping and enhance revenue share. Core banking systems integrate seamlessly with cloud-computing services, ensuring scalable analytics and secure networking.

This integration extends to various devices, including smartphones and computers. With a focus on information security and encryption, these advancements not only bolster operational efficiency but also reinforce data protection protocols, shaping the industry's trajectory toward enhanced digitalization and profitability..

What will be the size of the Third-party Banking Software Market During the Forecast Period?

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Market Segmentation By Type

The market share growth by the core banking software segment will be significant during the forecast period. The segment comprises software related to these processes, such as loan, credit, deposit, and funds transfer, and includes software that facilitates multi-channel access via ATMs, Internet, or phone banking. The segment is expected to grow due to an increase in the penetration of retail banking. Initiatives undertaken by the governments of countries such as India, which encourage people to open bank accounts, are one of the primary factors. 

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The core banking software segment showed a gradual increase in the market share of USD 7.37 billion in 2018. Furthermore, with the growth in the number of digital channels, customers in the industry expect an omnichannel experience. Consequently, enterprises are transforming their business processes to accommodate new technologies. This, in turn, encourages market players to offer that cater to the growing digital transformation of these enterprises. Therefore, these factors are expected to increase the adoption, which will propel the growth of the segment of the global market during the forecast period.

Market Segmentation By Deployment

On-premises is considered highly secure as it is managed and maintained by enterprises in the industry that are using it. Enterprises have complete control over their on-premises solution, which allows them to provide restricted access. Many market players, such as Finastra and Fiserv Inc., are offering these products. In addition, rapidly changing business environments, such as enterprises looking for cost-effective solutions, are encouraging both large enterprises and SMEs to shift toward the adoption these products. Hence, these factors are expected to drive the growth of the on-premises segment in the global market during the forecast period.

Regional Overview

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North America is estimated to contribute 32% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market in North America is expected to grow as countries in this region, such as the US, are among the most technologically advanced countries and are the pioneers in the adoption of technologies. The top investment banks in this region, such as The Goldman Sachs Group Inc., JPMorgan Chase and Co. and Bank of America Corp., are investing in technology by offering new apps and interfaces to provide better service to their customers in this region.

Furthermore, the growth in digital payments will also increase the demand. Customers in the industry in this region are opting for digital payments, such as net and mobile banking, as they help enhance the ease of handling core operations. Hence, various enterprises are investing in this region to enhance their customer base and to cater to the growing demand from customers. Thus, such factors will lead to the growth of the market in this region during the forecast period.

Market Dynamics and Customer Landscape

Within this market, commercial banks are at the forefront of adopting digital technology to enhance operational efficiency and drive economic growth. Cloud-computing services, coupled with databases and networking infrastructure, enable seamless integration of core banking systems and omnichannel banking software. This transition from traditional to computerized methods facilitates financial transaction tracking, bookkeeping, and revenue share optimization.

Leveraging technologically advanced analytical tools, including big data analytics and business intelligence software, enhances risk management and wealth management capabilities. Robust information security protocols, such as encryption, safeguard sensitive data across smartphones, computers, and cloud computing platforms. The holistic approach to digital transformation not only boosts operational efficiency but also ensures compliance with industry standards, fostering synergy between commercial and retail banks in the dynamic landscape of the BFSI industry.

Key Market Driver

The need for enhanced efficiency in banking operations is the key factor driving the market. It provides a streamlined way to manage a complex set of processes for enterprises in this industry. This industry deals with customers having different types of service requirements and addressing these requirements through a manual process can lead to an increase in cycle time and customer dissatisfaction. Hence, it helps enterprises in providing various services to multiple customers simultaneously, which, in turn, will help in improving the efficiency of these operations.

In addition, it aligns various divisions of these operations such as loan, credit, and investment across different branches of the enterprise and streamlines the database management, which helps in improving the operational efficiency of the enterprise. Furthermore, it enables information exchange among employees of an enterprise across different branches seamlessly and quickly. Thus, such factors will lead to the growth of the global market during the forecast period.

Significant Market Trends

Growing number of digital wallets is the primary trend shaping the market. The enterprises in the industry are witnessing constant innovations in most these works, such as funds transfer through mobile applications such as digital wallet apps. A digital wallet is a software-based system for making online transactions through an app on smartphones. It simplifies online purchases made through tablets, computers, or smartphones. The bank accounts of customers are linked with their digital wallets, and user credentials are verified and securely stored during transactions.

Moreover, the use of digital wallets is continuously increasing across the globe. This is encouraging various enterprises to launch digital wallets to cater to the growing demand from customers. Due to the growing number of digital wallets, enterprises in the industry need to opt for this to keep track of all the transactions made through digital wallets and maintain an effective database. Thus, such factors will drive market growth during the forecast period.

Major Market Challenges

Issues related to data privacy and security is a challenge that affects the market. Big Data and AI can track, retrieve, and analyze data from the connected server. The data of enterprises need to be protected from unauthorized access in the IT infrastructure, which is based on many patchworks of open-source codes. Cloud infrastructure is more affected due to glitches in source code. Furthermore, hackers can easily gain access to cloud-based data storage systems, as they are based on open architecture and shared resources. 

Furthermore, as market players are handling susceptible customer information, many financial enterprises are concerned about their data being misused. Consequently, numerous organizations are skeptical about deploying this for their operations, which is limiting the global market during the forecast period.

Market Customer Landscape

Market forecasts include the adoption lifecycle of the market research and growth, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth and trends strategies.

Global Market Customer Landscape

Who are the Major Third-party Banking Software Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • American Express Co.: The company offers solutions that allow merchants to securely accept and route most major payment type transactions from their website or virtual terminal.
  • Capital Banking Solutions: The company offers CapitalDigital which delivers simplification to customers with innovative and intuitive interface design and features.
  • Fidelity National Information Services Inc.: The company offers FIS Modern Banking Platform, which provides a set of flexible, scalable, and highly configurable core banking product processors that are built on a common platform with open API access.

The Market  growth and forecasting report also includes detailed analyses of the competitive landscape of the market and information about 30 market companies, including:

  • AAZZUR Ltd.
  • Banco Bilbao Vizcaya Argentaria SA
  • Bank of America Corp.
  • Capgemini Service SAS
  • Finastra
  • Fiserv Inc.
  • HCL Technologies Ltd.
  • Infosys Ltd.
  • Intellect Design Arena Ltd.
  • InvestCloud Inc.
  • JPMorgan Chase and Co.
  • Mambu B.V.
  • MicroStrategy Inc.
  • Oracle Corp.
  • Q2 Holdings Inc.
  • Quinenco S.A.
  • SAP SE
  • SoFi Technologies Inc.
  • Sopra Steria Group SA
  • Tata Consultancy Services Ltd.
  • Temenos AG
  • The Goldman Sachs Group Inc.
  • Unisys Corp.
  • Virtusa Corp.
  • Wipro Ltd.
  • ZKAPITOL Technologies Ltd.
  • Nucleus Software Exports Ltd.

Market analysis and report of qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

Segment Overview

The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018-2028

  • Type Outlook
    • Core banking software
    • Omnichannel banking software
    • Business intelligence software
    • Wealth management software
  • Deployment Outlook
    • On-premises
    • Cloud
  • Region Outlook
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview

The Third-party Banking Software Market within the BFSI industry is evolving rapidly, driven by the adoption of cloud-computing services and technologically advanced analytical tools. As financial institutions embrace digital technology, they require robust solutions for information security and regulatory compliances.

Innovations like FutureSafe offer optimal asset management solutions, leveraging big data analytics and encryption to ensure secure transactions. The market witnesses continual growth through new product launches and geographic expansions, supported by R&D activities to meet evolving industry trends and economic growth demands.

Transitioning from traditional methods to computerized methods, banks prioritize risk management and financial transaction tracking facilitated by core banking systems. Collaborations and partnerships enhance customer support and pricing strategies, catering to tech-savvy customers seeking seamless digital experiences through mobile banking apps and online account management.

With a focus on regulatory compliance and security, the market integrates artificial intelligence (AI) and Internet of Things (IoT) technologies, ensuring multi-channel applications and omnichannel management for customer-centric core banking. As the demand for cloud-computing applications and computerized accounting rises, the market thrives on standardized processes, enabling private wealth management and interbank network connectivity.

Third-party Banking Software Market Scope

Report Coverage

Details

Page number

180

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 7.55%

Market Growth 2024-2028

USD 12.31 billion

Market structure

Fragmented

YoY growth 2023-2024(%)

6.8

Regional analysis

North America, Europe, APAC, South America, and Middle East and Africa

Performing market contribution

North America at 32%

Key countries

US, China, Japan, UK, and Germany

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

AAZZUR Ltd., American Express Co., ATOM FINANCE INC., Avaloq Group Ltd., Backbase B.V., Banco Bilbao Vizcaya Argentaria SA, Bank of America Corp., Capgemini Service SAS, Capital Banking Solutions, Fidelity National Information Services Inc., Finastra, Fiserv Inc., HCL Technologies Ltd., Infosys Ltd., Intellect Design Arena Ltd., InvestCloud Inc., JPMorgan Chase and Co., Mambu B.V., MicroStrategy Inc., Oracle Corp., Q2 Holdings Inc., Quinenco S.A., SAP SE, SoFi Technologies Inc., Sopra Steria Group SA, Tata Consultancy Services Ltd., Temenos AG, The Goldman Sachs Group Inc., Unisys Corp., Virtusa Corp., Wipro Ltd., ZKAPITOL Technologies Ltd., and Nucleus Software Exports Ltd.

Market dynamics

Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our market report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting of the market between 2023 and 2027
  • Precise estimation of the size of the market size and its contribution to the parent market
  • Accurate predictions about upcoming market trends and analysis and changes in consumer behavior
  • Growth of the market industry across Europe, North America, APAC, South America, and Middle East and Africa
  • Thorough market growth analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive market analysis and report on the factors that will challenge the market research and growth of market companies

We can help! Our analysts can customize this market research report to meet your requirements. 

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Deployment
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global third-party banking software market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global third-party banking software market 2018 - 2022 ($ billion)
    • 4.2 Type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Type Segment 2018 - 2022 ($ billion)
    • 4.3 Deployment Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Deployment Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Type
      • Exhibit 32: Chart on Comparison by Type
      • Exhibit 33: Data Table on Comparison by Type
    • 6.3 Core banking software - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Core banking software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Core banking software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Core banking software - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Core banking software - Year-over-year growth 2023-2028 (%)
    • 6.4 Omnichannel banking software - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Omnichannel banking software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Omnichannel banking software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Omnichannel banking software - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Omnichannel banking software - Year-over-year growth 2023-2028 (%)
    • 6.5 Business intelligence software - Market size and forecast 2023-2028
      • Exhibit 42: Chart on Business intelligence software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 43: Data Table on Business intelligence software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 44: Chart on Business intelligence software - Year-over-year growth 2023-2028 (%)
      • Exhibit 45: Data Table on Business intelligence software - Year-over-year growth 2023-2028 (%)
    • 6.6 Wealth management software - Market size and forecast 2023-2028
      • Exhibit 46: Chart on Wealth management software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 47: Data Table on Wealth management software - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 48: Chart on Wealth management software - Year-over-year growth 2023-2028 (%)
      • Exhibit 49: Data Table on Wealth management software - Year-over-year growth 2023-2028 (%)
    • 6.7 Market opportunity by Type
      • Exhibit 50: Market opportunity by Type ($ billion)
      • Exhibit 51: Data Table on Market opportunity by Type ($ billion)

    7 Market Segmentation by Deployment

    • 7.1 Market segments
      • Exhibit 52: Chart on Deployment - Market share 2023-2028 (%)
      • Exhibit 53: Data Table on Deployment - Market share 2023-2028 (%)
    • 7.2 Comparison by Deployment
      • Exhibit 54: Chart on Comparison by Deployment
      • Exhibit 55: Data Table on Comparison by Deployment
    • 7.3 On-premises - Market size and forecast 2023-2028
      • Exhibit 56: Chart on On-premises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 57: Data Table on On-premises - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 58: Chart on On-premises - Year-over-year growth 2023-2028 (%)
      • Exhibit 59: Data Table on On-premises - Year-over-year growth 2023-2028 (%)
    • 7.4 Cloud - Market size and forecast 2023-2028
      • Exhibit 60: Chart on Cloud - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 61: Data Table on Cloud - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 62: Chart on Cloud - Year-over-year growth 2023-2028 (%)
      • Exhibit 63: Data Table on Cloud - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Deployment
      • Exhibit 64: Market opportunity by Deployment ($ billion)
      • Exhibit 65: Data Table on Market opportunity by Deployment ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 66: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 67: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 68: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 69: Chart on Geographic comparison
      • Exhibit 70: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2023-2028
      • Exhibit 71: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.4 Europe - Market size and forecast 2023-2028
      • Exhibit 75: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.5 APAC - Market size and forecast 2023-2028
      • Exhibit 79: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 83: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 US - Market size and forecast 2023-2028
      • Exhibit 91: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.9 China - Market size and forecast 2023-2028
      • Exhibit 95: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.10 UK - Market size and forecast 2023-2028
      • Exhibit 99: Chart on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on UK - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on UK - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 Japan - Market size and forecast 2023-2028
      • Exhibit 107: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 108: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 109: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 110: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 111: Market opportunity by geography ($ billion)
      • Exhibit 112: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 113: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 114: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 115: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 116: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 117: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 118: Matrix on vendor position and classification
            • 12.3 American Express Co.
              • Exhibit 119: American Express Co. - Overview
              • Exhibit 120: American Express Co. - Business segments
              • Exhibit 121: American Express Co. - Key offerings
              • Exhibit 122: American Express Co. - Segment focus
            • 12.4 Bank of America Corp.
              • Exhibit 123: Bank of America Corp. - Overview
              • Exhibit 124: Bank of America Corp. - Business segments
              • Exhibit 125: Bank of America Corp. - Key news
              • Exhibit 126: Bank of America Corp. - Key offerings
              • Exhibit 127: Bank of America Corp. - Segment focus
            • 12.5 Capital Banking Solutions
              • Exhibit 128: Capital Banking Solutions - Overview
              • Exhibit 129: Capital Banking Solutions - Product / Service
              • Exhibit 130: Capital Banking Solutions - Key offerings
            • 12.6 Fidelity National Information Services Inc.
              • Exhibit 131: Fidelity National Information Services Inc. - Overview
              • Exhibit 132: Fidelity National Information Services Inc. - Business segments
              • Exhibit 133: Fidelity National Information Services Inc. - Key news
              • Exhibit 134: Fidelity National Information Services Inc. - Key offerings
              • Exhibit 135: Fidelity National Information Services Inc. - Segment focus
            • 12.7 Finastra
              • Exhibit 136: Finastra - Overview
              • Exhibit 137: Finastra - Product / Service
              • Exhibit 138: Finastra - Key offerings
            • 12.8 Fiserv Inc.
              • Exhibit 139: Fiserv Inc. - Overview
              • Exhibit 140: Fiserv Inc. - Business segments
              • Exhibit 141: Fiserv Inc. - Key offerings
              • Exhibit 142: Fiserv Inc. - Segment focus
            • 12.9 Infosys Ltd.
              • Exhibit 143: Infosys Ltd. - Overview
              • Exhibit 144: Infosys Ltd. - Business segments
              • Exhibit 145: Infosys Ltd. - Key news
              • Exhibit 146: Infosys Ltd. - Key offerings
              • Exhibit 147: Infosys Ltd. - Segment focus
            • 12.10 JPMorgan Chase and Co.
              • Exhibit 148: JPMorgan Chase and Co. - Overview
              • Exhibit 149: JPMorgan Chase and Co. - Business segments
              • Exhibit 150: JPMorgan Chase and Co. - Key offerings
              • Exhibit 151: JPMorgan Chase and Co. - Segment focus
            • 12.11 Mambu B.V.
              • Exhibit 152: Mambu B.V. - Overview
              • Exhibit 153: Mambu B.V. - Product / Service
              • Exhibit 154: Mambu B.V. - Key offerings
            • 12.12 Oracle Corp.
              • Exhibit 155: Oracle Corp. - Overview
              • Exhibit 156: Oracle Corp. - Business segments
              • Exhibit 157: Oracle Corp. - Key news
              • Exhibit 158: Oracle Corp. - Key offerings
              • Exhibit 159: Oracle Corp. - Segment focus
            • 12.13 Q2 Holdings Inc.
              • Exhibit 160: Q2 Holdings Inc. - Overview
              • Exhibit 161: Q2 Holdings Inc. - Product / Service
              • Exhibit 162: Q2 Holdings Inc. - Key offerings
            • 12.14 SAP SE
              • Exhibit 163: SAP SE - Overview
              • Exhibit 164: SAP SE - Business segments
              • Exhibit 165: SAP SE - Key news
              • Exhibit 166: SAP SE - Key offerings
              • Exhibit 167: SAP SE - Segment focus
            • 12.15 Tata Consultancy Services Ltd.
              • Exhibit 168: Tata Consultancy Services Ltd. - Overview
              • Exhibit 169: Tata Consultancy Services Ltd. - Business segments
              • Exhibit 170: Tata Consultancy Services Ltd. - Key news
              • Exhibit 171: Tata Consultancy Services Ltd. - Key offerings
              • Exhibit 172: Tata Consultancy Services Ltd. - Segment focus
            • 12.16 Temenos AG
              • Exhibit 173: Temenos AG - Overview
              • Exhibit 174: Temenos AG - Business segments
              • Exhibit 175: Temenos AG - Key news
              • Exhibit 176: Temenos AG - Key offerings
              • Exhibit 177: Temenos AG - Segment focus
            • 12.17 The Goldman Sachs Group Inc.
              • Exhibit 178: The Goldman Sachs Group Inc. - Overview
              • Exhibit 179: The Goldman Sachs Group Inc. - Business segments
              • Exhibit 180: The Goldman Sachs Group Inc. - Key news
              • Exhibit 181: The Goldman Sachs Group Inc. - Key offerings
              • Exhibit 182: The Goldman Sachs Group Inc. - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 183: Inclusions checklist
                • Exhibit 184: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 185: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 186: Research methodology
                • Exhibit 187: Validation techniques employed for market sizing
                • Exhibit 188: Information sources
              • 13.5 List of abbreviations
                • Exhibit 189: List of abbreviations

                Research Framework

                Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

                INFORMATION SOURCES

                Primary sources

                • Manufacturers and suppliers
                • Channel partners
                • Industry experts
                • Strategic decision makers

                Secondary sources

                • Industry journals and periodicals
                • Government data
                • Financial reports of key industry players
                • Historical data
                • Press releases

                DATA ANALYSIS

                Data Synthesis

                • Collation of data
                • Estimation of key figures
                • Analysis of derived insights

                Data Validation

                • Triangulation with data models
                • Reference against proprietary databases
                • Corroboration with industry experts

                REPORT WRITING

                Qualitative

                • Market drivers
                • Market challenges
                • Market trends
                • Five forces analysis

                Quantitative

                • Market size and forecast
                • Market segmentation
                • Geographical insights
                • Competitive landscape

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                third-party banking software market market

                Key Questions Answered

                • What are the key global market and the regional market share?
                • What are the revenue-generating key market segments?
                • What are the key factors driving and challenging this market’s growth?
                • Who are the key market vendors and their growth strategies?
                • What are the latest trends influencing the growth of this market?
                • What are the variables influencing the market growth in the primary regions?
                • What are the factors influencing the growth of the parent market?

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