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The bank tech vendor landscape - more or less By Art Gillis Jun 30, 2006 at 02:51 PM ET By Art Gillis The brevity of this message is backed by about 450 pages of details about what’s going on in the world of bank technology. Here’s just one glimpse. This year, there are 84 companies in the report. That’s 17% fewer than last year, and the reason is a common one - mergers and acquisitions. Some of the M&A activity happens faster than the time it takes for an invesment banker to lace up his wing tips. Cyota was acquired by RSA Security this year and EMC just acquired RSA. A handful of failures (all Internet-related) accounted for a small part of the decline also. But the number of solutions increased by 11% to 246. Most of the new solutions were in the payments arena and the compliance and security business. Topics: BS&T Contributors » Weblog Main | » View Entries By Topic | » View Entries By Date This is a public forum. CMP Media and its affiliates are not responsible for and do not control what is posted herein. CMP Media makes no warranties or guarantees concerning any advice dispensed by its staff members or readers. Community standards in the message center do not permit hate language, excessive profanity, or other patently offensive language. Please be aware that all information posted to this forum becomes the property of CMP Media LLC and may be edited and republished in print or electronic format as outlined in CMP Media's Terms of Service. Important Note: The Message Center is NOT intended for commercial messages or solicitations of business. |
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