Market share in top-tier US deposit core systems - The competitive landscape of DDA system providers for the top 100 US retail banks

This publication has been discontinued on July 19, 2011.

Introduction

Overview

Introduction

New entrants and consolidation have changed the dynamics of the core system provider competitive landscape in US retail banking. This report analysis the market share for deposit systems to the top 100 US retail banks (by deposits) and examines implications for vendor strategy in light of latest banking research on investment priorities and strategies in this area

Scope

• End-user research on core system investment priorities and strategies from IT & business decision makers from 100 US retail banks
• A research program of major core systems vendors analyzing their core system clients and extent of deployment of their system for each bank.

Report Highlights

Core systems investment has emerged as a significant IT spend growth area for top-tier US banks in 2005 and forms of reengineering/ replacement mean core systems are now a top three project for over 60% of top institutions

The core systems provider market share has remained fairly stable despite significant developments in the composition of the top 100 banks (due to M&A), although ownership of most systems has typically changed hands over the last decade. The key providers remain CSC, Fidelity Information Services, Fiserv, Metavante, TriSyn

This report analyses market share by institutions and by deposit account serviced showing who servicing the largest as well as highest number of clients

Reasons to Purchase

• Latest bank core banking strategies on a re-emerging investment area
• Updated market share information for deposit systems reflecting recently M&A activity in the vendor community
• The US core system market is going to change over the next couple of years and new entrants make their mark. This reports examine their likely success

Table of contents

ABOUT DATAMONITOR

INTRODUCTION

MARKET DRIVERS: COMPLIANCE & EFFICIENCY

RETAIL BANKING CORE SYSTEMS STRATEGIES

VENDOR DYNAMICS

• Vendor overview: entrants & incumbents
• Vendor market shares by institutional presence
• Vendor market shares by account numbers serviced
• Vendor market shares by delivery model
• Vendor market shares by delivery model

SUMMARY

APPENDIX

• Methodology
• Further readings
• SPP writing team
• List of Figures
• Figure 1: What are your top 3 IT projects (in terms of investment) for 2005?
• Figure 2: Which are the most important business drivers for investing in your institutions core systems?
• Figure 3: Which of the following best describes your approach to core systems strategy for the next five years?
• Figure 4: Vendor overview
• Figure 5: Vendor market shares by banking installations
• Figure 6: Core systems vendor market shares in top 100 US retail bank
• Figure 7: ASP model is highly significant share of core systems opportunity even in the top 100 institutions

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