Corporate Digital Banking Platforms: North America Edition
2021 XCelent Awards, Powered by VendorMatch
Much of a bank's corporate banking revenue is attributable to meeting the complex financial operations needs of their business customers, who rely on their banking partners to deliver an extensive set of products and services. As a result, banks that want to attract and retain a substantial piece of a commercial client’s banking business must continue to invest in the technology infrastructure required to deliver a broad array of cash management solutions tailored to a variety of customer segments. A corporate digital banking platform delivers a bank’s capabilities to its customers, supporting information reporting, liquidity management, payables and receivables automation, and fraud prevention.
To help banks define their requirements and create a shortlist of vendors for evaluation, Celent provides in-depth profiles of 19 leading corporate digital banking solutions across two reports, Corporate Digital Banking Platforms: North America Edition and Corporate Digital Banking Platforms: EMEA/APAC/LATAM Edition. The profiles include an overview of functionality, customer base, technology approach, professional services, deployment options, commercial terms, and customer references. Celent evaluated the solutions using Celent’s proprietary ABC Vendor View and handed out xCelent Awards for outstanding solutions in three categories: Advanced Technology, Breadth of Functionality, and Customer Base and Support.
This report is targeted at banks looking to enhance their corporate digital banking offering by partnering with a solutions provider. There are a number of attractive platforms to consider. Leveraging Celent’s VendorMatch data store to gather extensive RFI information from each vendor, this Celent report evaluates 10 vendors and 12 solutions. Vendors include ACI Worldwide, Alogent, Bottomline, Finastra, Fiserv, Infosys Finacle, Intellect Design Arena, NCR, Oracle Corporation, and Q2 Software.