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Concise Analysis of the International Third-Party Banking Software Market

DUBLIN, March 3, 2014 /PRNewswire/ --

Dublin - Research and Markets (http://www.researchandmarkets.com/research/6qbxm7/global) has announced the addition of the "Concise Analysis of the International Third-Party Banking Software Market" report to their offering.

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There is a considerable amount of action that needs to be taken with regards to operation management in banks. Financial institutions are required to meet new and stricter government regulatory requirements as well as their own internal regulations. Banks need to adjust their business models in no time. The recent financial crisis has forced bankers to reconsider their strategy. More banks are now adopting improved information and risk management systems that meet the regulatory and statutory requirements. It is crucial to embed new modes of operations into the banking culture to achieve significant improvements. This will require banks to adopt third-party banking software in the coming years.

According to the report, one of the major drivers is the need for standardization. There has been a change in the way banks operated and an increase in the complexity and rigidity in banking operations, which has necessitated the use of banking software. However, banks need advanced banking software that can help them meet all financial needs in a flexible manner.

Further, the report states that one of the chief challenges is the high cost involved in switching to a new system. Bankers often refer the migration from legacy systems to third-party banking software as a critical process as it is a fearsome task especially for large banks. 

Key Topics Covered: 

1. Executive Summary

2. List of Abbreviations

3. Introduction

4. Market Research Methodology

5. Scope of the Report

6. Market Landscape

7. Market Segmentation

8. Geographical Segmentation

9. Vendor Landscape

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Key Vendor Analysis

17. Other Reports in this Series

Companies Mentioned:

  • Datapro Inc.
  • Diasoft Software Solutions
  • FIS Group
  • Fiserv Inc.
  • Infosys Ltd
  • Jack Henry & Associates
  • Misys Plc.
  • Nucleus Software
  • Oracle Corp.
  • Path Solutions
  • Polaris Financial Technology
  • SAP AG
  • Sopra Banking Software
  • Sungard Ambit.
  • Tata Consultancy Services Ltd.
  • Temenos Group AG.

For more information visit http://www.researchandmarkets.com/research/6qbxm7/global

Media Contact: Laura Wood , +353-1-481-1716, [email protected]

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