Ranking the US Vendors of Cash Management Solutions: An Update
| New York, NY, USA July 26, 2001 |
Celent Communications offers detailed insight into the leading browser-based cash management solutions
In a new report titled, " ," Celent Communications provides analysis and advice for financial institutions in the market for a browser-based corporate banking solution. The report highlights the stumbles and successes of eight leading providers and compares the solutions on a variety of criteria.
Metavante leads the way in the number of installations. However, Politzer & HANEY continues to be the gorilla in the industry with over 70 clients in production with advanced cash management applications.
The report provides an in-depth analysis of the following vendors: Banklink, Bottomline Technologies, Brokat Technologies, Fundtech, Magnet Communications, Metavante, Politzer & HANEY, and S1. Vendors were critiqued and ranked according to the deployment methods available (in-house vs. outsourced) and the size of the financial institutions targeted.
"The slowdown in the economy has impacted the corporate banking sector, although not as dramatically as the retail banking sector," comments Meredith Hickman, author of the report. "We find that providers have pulled back in their discussions and development of advanced, or futuristic, features. Vendors are now more focused on delivering on-time and within budget, a challenge for many who have experienced lay-offs and internal restructuring."
A Table of Contents is available online.
of Celent Communication's Wholesale Banking research services can download the report electronically by clicking on the icon to the left.