Trends Report

Forrester’s Analysis Of 2019 Banking Platform Deals: African Banks’ Interest Focused On Transactional Capabilities And Regulatory Compliance

October 20th, 2020
Jost Hoppermann, Vice President, Principal Analyst
Jost Hoppermann Vice President, Principal Analyst
With contributors:
Oliwia Berdak , Corrado Loreto

Summary

Banking technology teams seeking the right off-the-shelf banking platform need to look at both the product’s functional breadth, depth, and roadmap as well as the vendor’s current market presence. To help banking technology teams choose among the leading solutions, Forrester’s Global Banking Platform Deals Survey 2020 shows deals signed in 2019 in Africa. The functionality that African banks purchased in 2019 focused strongly on transactional capabilities, such as core banking, and lending, as well as on regulatory compliance. Banking technology teams can learn more about individual banking platform providers from The Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019 and the recent evaluations of digital banking processing platforms for retail banking and corporate banking; you can also book an inquiry to discuss your requirements.

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