Cambridge, MA, USA,
May 1, 2000
Ranking the Vendors
of Corporate Internet Banking Solutions
Report published by
Celent
Communications
In
an essential guide for financial institutions selecting an Internet
cash management solution, Celent
Communications evaluates nine leading vendors of corporate
electronic banking solutions. In addition to an in-depth analysis of each
solution, Celent ranks each vendor on a number of criteria, including the
products’ scalability, cost, flexibility, and speed of deployment. The
vendors included in this report are:
| Banklink |
| Bottomline |
| Brokat |
| Credo
Group |
| Fundtech
Banker |
| Hamilton
& Sullivan |
| Magnet |
| Politzer
& Haney |
| S1 |
 Members
of Celent Communication’s Wholesale
Banking research service can be download this report
electronically by clicking on the icon to the right. A Table of
Contents for this report can be viewed online.
Until
recently, many vendors marketed vaporware, having released only a limited
number of web-based modules. Today, most vendors are able to point to
numerous live installations, running an entire suite of corporate Internet
banking products.
According
to Meredith Hickman,
co-author of the report, this is 'the year for unparalleled growth in
the browser-based corporate banking market. Projects that were put on hold
for Y2K preparation have resumed and there is a flurry of new activity.'
With the market heating up, basic corporate Internet banking solutions are
already becoming commoditized. To maintain a strategic advantage,
financial institutions must deploy new, value-added services. The report
also details future industry trends that banks will need to remain
competitive as well as the vendors' strategies going forward.
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