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.