Executive Summary (This is a document excerpt)

Forrester surveyed 17 vendors of globally deployed banking platforms on their 2008 deals. The outcome? The two top groups remained largely unchanged: Oracle and Temenos are the two Global Power Sellers; while the "old" Global Challengers Infosys Technologies, SAP, and Tata Consultancy Services Financial Solutions (TCS FS) have to welcome the most recent member of their group — SunGard. At the same time, survey newcomer Nucleus Software joined the Pursuers group with a strong survey result. The bottom line: In spite of these very visible global players, banking platform selection has become more difficult, as the market consolidation — accelerated by the ongoing crisis — makes vendor scrutiny even more crucial.

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