Third-party Banking Software Market 2018: Growing Market Trends with Technology Development Analysis by 2022

(MoneyNewsWire.Net, March 21, 2018 ) Several organizations are becoming customer-centric and are focusing on attracting and retaining customers. These organization are threatened by high competition, disruption, and increasingly expanding to different markets. The rising need for personalized experience to suit their specific requirements is encouraging the banks to focus on analytics and acquire smart insights from data. Publisher’s market study identifies the increasing adoption of customer-centric perspective to be one of the primary growth factors for the third-party banking software market. Banks are steadily adopting third-part banking software to enhance their customer-centric services. Implementation of this software provides flexibility that enables organizations to become data-driven and attain customer-centricity perpetually, while enhancing business banking. Our market analysts estimate that the market will grow steadily at a CAGR of more than 8% by 2022.
For more information about this report: http://www.reportsweb.com/global-third-party-banking-software-market-2018-2022 .
Covered in this report
The report covers the present scenario and the growth prospects of the global third-party banking software market for 2018-2022. To calculate the market size, the report considers the revenues generated from third-party banking software that includes stand-alone and integrated solutions with existing banking solutions.
The market is divided into the following segments based on geography:
-Americas
-APAC
-EMEA

Publisher's report, Global Third-party Banking Software Market 2018-2022 , has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
-FIS
-Fiserv
-Infosys
-Oracle
-Temenos

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Market driver
-Increasing adoption of customer-centric perspective
-For a full, detailed list, view our report

Market challenge
-High switching costs from legacy systems
-For a full, detailed list, view our report

Market trend
-Advent of open banking paradigm
-For a full, detailed list, view our report

Key questions answered in this report
-What will the market size be in 2022 and what will the growth rate be-
-What are the key market trends-
-What is driving this market-
-What are the challenges to market growth-
-Who are the key vendors in this market space-

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