Core Systems

02:51 PM
Connect Directly
RSS
E-Mail
50%
50%

The bank tech vendor landscape - more or less

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 han

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.

Comment  | 
Print  | 
More Insights
Register for Bank Systems & Technology Newsletters
White Papers
Current Issue
Bank Systems & Technology Oct. 14, 2014
Bank Systems & Technology's new Must Reads is a compendium of our best recent coverage of customer analytics. Learn what big data means for banks, meet Wells Fargo CDO Charles Thomas, find out how to connect with your Gen Y customers, and more.
Slideshows
Video
Bank Systems & Technology Radio
Archived Audio Interviews
Join Bank Systems & Technology Associate Editor Bryan Yurcan, and guests Karen Massey and Jerry Silva from IDC Financial Insights, for a conversation about the firm's 11th annual FinTech rankings.