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Top 10 Retail Banking Solution Providers-2016

In the wake of digitalization, customers are keen on performing their day-to-day transactions through connected smart devices that simplify operations. Coupled with this, the proliferation of digital channels is constantly pushing CIOs to pursue strategies to improve sales and reduce costs to drive business in the retail banking sector. As a result, financial institutions around the world are relying heavily on automated banking solutions to manage client’s transactions and accounts.

The staggering growth of cloud services and big data analytics is helping banks formulate innovative consumer-centric strategies. Along with this, features like predictive analysis and transaction data monitoring are assisting them in providing customized solutions for a particular group of customers or even to an individual customer. These technologies are also helping banks improve risk management and compliance.

In order to drive success, it is essential for financial institutions to acquire greater expertise on coherent digital ecosystems that can ensure efficacy of their solutions while providing state-of-the-art services.

To help CIOs, CFOs, and CEOs find the right solutions for their retail banking initiatives, a distinguished panel comprising CEOs, CFOs, analysts, and Banking CIO Outlook’s editorial board has selected the top players in the sector. The companies featured here demonstrate an ability to develop innovative technologies and methodologies, while providing outstanding customer service.

We present to you Banking CIO Outlook’s Top 10 Retail Banking Solution Providers 2016.

Company Logo Company Name Company Description
ACI Worldwide Powers electronic payments for more than 5,100 organizations around the world.
EBANQ BV Developer of user-friendly web-based online banking software.
Flora Bank Core Banking Solution Flora Bank is an online, real-time, and centralized core banking software offering the solution of retail banking.
GMC Software Empowers organizations to create stronger engagements with timely and relevant communications across all channels that span the entire customer journey.
Intelligent Environments An international provider of innovative mobile and online solutions for financial service organisations.
LBA Ware A software development company driving innovation in mortgage lending and banking operations.
Leveris Has developed a full-service, standalone, core banking platform from the ground up that is deployable locally or in the cloud.
Malauzai Software Provider of innovative banking solutions to create revenue opportunities via the mobile channel.
TOSAN A provider of banking software and systems solutions to retail, corporate, development, and investment banks.
Welcome Real Time Welcome Real Time, a Collinson Group company, provides the banking and payment industry with payment based loyalty solutions.