2012 great for banking platform deals

Forrester is gearing up to release its 2012 global banking platform deals survey. This shows the strongest growth since 2006, for some vendors.

A total of 28 banking platform vendors submitted their 2012 deals for evaluation. One year ago, the same set of deals would have represented at least one more vendor: Sopra Banking Software’s solution portfolio includes those of past survey participants Callataÿ & Wouters and Delta-Informatique. These theoretically 29 participating vendors submitted a total of close to 1,900 banking platform deals, a steep increase compared with the about 1,000 submitted deals for 2011.

Writing on the company blog, analyst Jost Hoppermann says: "We had to classify a large share of these 1,900 banking platform deals as extended business or even as a simple renewed licence — if the vendors did not already submit them with the according tag. Forrester’s “rules of the game” did not allow us to recognise further deals, for example, because a non-financial-services firm signed a deal, the deal was “only” about pure services or application infrastructure. Overall, Forrester counted close to 350 of the submitted deals as 2012 new named customers: 2012 is the first year with a two-digit banking platform deals’ growth since 2006."

The survey will be officially released next week.

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