ISG to Publish Study on Digital Banking Platform Providers – QNT Press Release

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ISG Provider Lens™ report will examine how new digital technologies are helping banks transform themselves

Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm, has launched a research study examining providers of digital banking solutions at a time when traditional banks are under growing pressure to meet evolving customer needs amid increasing competition from FinTechs and other financial institutions.

The study results will be published in a comprehensive ISG Provider Lens™ report, called Digital Banking Technology & Platforms, scheduled to be released in July. The report will cover three banking technology offerings: core banking platforms, digital payment processing platforms and digital wealth management platforms.

Enterprise buyers will be able to use information from the report to evaluate their current vendor relationships, potential new engagements and available offerings, while ISG advisors use the information to recommend providers to the firm’s buy-side clients.

The new report examines digital banking platform providers as customers are pushing the banking industry to overhaul its legacy technologies, said Jan Erik Aase, partner and global leader, ISG Provider Lens Research.

“Banking platform providers have unleashed new technologies to help banks upgrade their offerings,” he said. “As banks struggle with rapidly changing customer expectations, new business models and the rising challenge of FinTech firms, they are looking to platform players to support them with augmented capabilities.”

ISG has distributed surveys to more than 45 banking platform providers. Working in collaboration with ISG’s global advisors, the research team will produce three quadrants representing the services and products the typical enterprise client is buying in the platforms space, based on ISG’s experience working with banking its clients. The three…

Full story available on Benzinga.com

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