In the epoch of volatile business conditions, banks today are seeking in-depth knowledge about customer behavior and leveraging business methodologies to design conventional as well as novel offerings that are in sync with consumer demands. Objectives such as improving the bottom line and building a loyal customer base form the core of these new practices. In the same pursuit, financial institutions are using automated systems to ensure seamless customer service, predictive analytics to understand business needs, and the power of mobility to constrain operational costs.
The methods to discern the customer preference have added business value to today’s core banking suite that manages loans, mortgages, payments, and money transfers with zero scope for opaque transactions. The added dimension has endowed banks with an arsenal to frame their business policies and define operational practices. In order to drive success, it is essential for financial institutions to acquire greater expertise on coherent digital ecosystems that can ensure the efficacy of their solutions while providing state-of-the-art services.
To help CIOs, CFOs, and CEOs find the right solutions for their core banking initiatives, a distinguished panel comprising CEOs, CFOs, analysts, and Banking CIO Outlook’s editorial board has selected the top players in the sector. The companies featured here demonstrate an ability to develop innovative technologies and methodologies, while providing outstanding customer service.
We present to you Banking CIO Outlook’s Top 10 Core Banking Solution Providers 2016.