Top Banking Trends for 2009: North America, Europe, and Asia

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24 February 2009
Bart Narter

Abstract

San Francisco, CA, USA February 25, 2009

Top Banking Trends for 2009: North America, Europe, and Asia

A global banking trend survey from Celent finds that one theme spans all geographies as a top trend. The answer is no surprise: risk.

In a new report, Top Banking Trends for 2009: North America, Europe, and Asia, Celent provides a global survey of what is foremost on the minds of bankers, regulators, and vendors.

Every year Celent gathers its analysts from across the globe to synthesize the top trends in banking for the major geographies across the globe: spanning North America, Europe and Asia. We synthesize what the most important trends are in each geography that we have gleaned from bankers and vendors, clients and non-clients, regulators and central bankers.

This year, there is one theme that cuts across all geographies as a top priority: risk. There are regional variations on the theme. Banks have risk management solutions in place, but they will be looking to get more use and intelligent information out of them instead of focusing on the fact that they need to be there for regulatory reasons. In fact, regulators and investors now expect more.

Another global trend is alternative payments. With the proliferation of mobile banking and nontraditional suppliers such as retailers, phone companies, and prepaid card vendors, there seems to be a rush of new competitors and, more importantly, new types of competitors in the mix. While next year may not be the year of the non-bank, Celent expects new players and new ways of doing business to start sprouting up in all parts of the globe.

"There is a great diversity of trends across the globe," says Bart Narter, Senior Vice President of Celent’s Banking group and author of the report. "Core replacement is very active in Asia and stagnant in North America, for example."

This report examines both global trends and trends in specific geographies, from anti-money laundering to trade finance.

This 22-page report contains three figures. A table of contents is available online.

Members of Celent's Corporate Banking, Retail and Business Banking, and Healthcare Banking research services can download the report electronically by clicking on the icon to the left. Non-members should contact info@celent.com for more information.

Insight details

Content Type
Reports
Report Type
Industry Trends
Location
Asia-Pacific, EMEA