IBS Intelligence announces its Annual Sales League Table 2020 results

London, June 12, 2020 – IBS Intelligence (IBSi) today is pleased to announce the publication of its eagerly awaited iconic Annual IBSi Sales League Table (SLT) 2020. With a 18-year track record the IBSI SLT, showcases the sales performance of banking technology suppliers, objectively ranking products across 6 conventional back office banking technology categories and 8 new focus areas.

The IBSI SLT 2020 includes systems purchases made by over 1,700 banks across 240 products from 62 suppliers across the Americas, Europe, Middle East, Africa and APAC. The number of deals evaluated were 70% more that last year, reported across 150 countries globally.

New categories have been introduced this year, including transaction banking, wholesale payments and compliance, in addition to a pure-play digital-only bank category. IBSI has also expanded its SLT Leadership Club (top two performers in each of the categories) to recognize suppliers across product breadth and geographic coverage in addition to respective product categories and geographic leadership. This year IBSI also recognises select suppliers who have not made it to the SLT Leadership Club but have demonstrated the next best performance in their respective categories as IBSI SLT Stars. Suppliers who are featured in the IBSI SLT Leadership club are recognised to be leaders and hence are not included in the IBSI SLT Stars table. The SLT Star table is limited to suppliers who are not part of the leadership club, but have recorded the next best performance across respective categories.

“ The IBSI SLT is a true barometer of global sales performance, as it provides an objective approach to competitive ranking of industry players, based on a strict process of validation” commented Robin Amlôt, Managing Editor at IBS Intelligence. “The marked increase in the number of participants and deals in SLT 2020  is not only reflective of the increased activity in the market, but also the confidence reposed by industry players in IBSI SLT and the value that it carries for their customers”

“The IBSI SLT ranking has always been of significant value to banks looking to make any IT investment, as it helps validate performance of suppliers on a global scale”, commented V. Ramkumar, Senior Partner at IBS Intelligence and Chair of the SLT evaluation panel. “I would like to congratulate all participants, and particularly commend the performance of the leaders and stars of SLT 2020, as this ranking is a reflection of being the prefered choice for most banks around the world”

IBS Intelligence also announced the IBSI SLT Leadership Club, recognising the system-suppliers who have been ranked in the top 2 positions across each category.

1. Conventional Back office Category Leaders

• Universal Core Banking Systems | Temenos, TCS Financial Solutions
• Retail Banking Systems | Intellect Design Arena (IDA), FI
• Wholesale Banking – Treasury & Capital Market | Murex, Calypso Technology
• Private Banking & Wealth Management | Avaloq, ERI Bancaire
• Lending | Sopra Banking Software, Nucleus Software
• Islamic Banking | Path Solutions, Temenos

2. New Focus Area Leaders

• Digital Banking & Channels | Temenos, i-exceed
• Retail Payments | Temenos, ACI Worldwide
• Wholesale Payments | ACI Worldwide, Volante Technologies
• Transaction Banking | Intellect Design Arena (IDA), Finastra
• Compliance Management |Infrasoft Technologies, 3i Infotech
• Risk Management |Temenos, Murex
• Investment / Fund Management | TCS Financial Solutions, EbixCash Financial Technologies
• Pure-Play Digital Only Bank | EdgeVerve (Infosys Finacle), Finastra, TCS Financial Solutions

3. Regional Leaders

• Americas | Temenos, Technisys
• APAC | i-exceed, Temenos
• Europe | Temenos, Infrasoft Technologies
• Middle East – Africa | Infrasoft Technologies, Temenos

4. Domestic Leaders

• USA | Finastra, FIS
• India | Infrasoft Technologies, Nucleus Software, EbixCash Financial Technology
• Russia | Flexsoft, Inversia
  

5. Global Leaders

• Product Breadth | Finastra, Infrasoft Technologies, Temenos
• Geographic Spread | Temenos, Infrasoft Technologies, Finastra

6. IBSI SLT STARS

• Universal Core Banking Systems | ICS Financial Systems
• Retail Banking Systems | Bantotal, Nelito
• Wholesale Banking – Treasury & Capital Market | Profile Software
• Private Banking & Wealth Management | Finartis
• Lending | EgabiFSI
• Islamic Banking | BML Istisharat, EgabiFSI, Millennium Information Solution
• Digital Banking & Channel | Backbase
• Retail Payments | BPC Group
• Wholesale Payments | ECS Fin.
• Transaction Banking | MindGate Solutions
• Compliance |Asseco, Autosoft Dynamics, Capital Banking Solutions, Cobiscorp, CustomerXPs
• Risk Management | Actico
• Investment / Fund Management | Objectway

About IBS Intelligence | Established in 1991, UK headquartered IBS Intelligence is the world’s most trusted source of Financial Technology News, Research & Advisory Services. IBSI’s Sales League Table is considered the global industry barometer ranking leading banking technology suppliers. It’s research reports comprehensively cover global suppliers across all Banking Technology & FinTech systems, is also distributed by Thomson Reuters, Bloomberg and S&P Capital IQ. Its Innovation Lab at Dubai brings banks and suppliers together with an opportunity to access the Middle East opportunity and to test & experience global FinTech products within the region. The group company, Cedar is a global management consulting firm with deep expertise in formulating & executing business strategy for financial services clients worldwide with a significant focus on leading their technology and digital transformation.

IBS Intelligence Ltd
Amit Jain, Chief Marketing Officer
+91.70456.53984
amitjain@ibsintelligence.com