Competition Intensifies as Retail Banking Industry Reaches Maturity.

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c42114) has announced the addition of Retail Banking Technology - Creating a Future Banking Platform (Review Report) to their offering.

Challenges facing the retail banking industry are causing a re-evaluation of core systems platforms. As most banking platforms were developed many years ago, banks are realizing that core systems must be adapted to cope with modern and future requirements.

Scope of this title:

- Discusses current market trends in the US and Europe

- Discusses implications and industry dynamics for retail banking institutions

Highlights of this title:

- The retail banking industry in North America and Europe is reaching its maturity. While competition intensifies, the industry is experiencing a period of essential changes driven by a number of various trends.

- The ongoing political pressure for reform in the retail banking sector continues to generate some level of uncertainty. However, the sector will benefit from moves that are making it more globally competitive and enabling the creation of integrated financial services providers.

- In North America consolidation remains one of the most important strategies of revenue growth and increasing market share, on the European continent M&A is increasingly emerging as European integration follows and domestic consolidation in most countries is largely played out.

Reasons to order your copy:

- Gain visibility on the core system environment in the European and North American retail banking markets

- Gain market insight to assist in your strategic planning and go-to-market strategy

CONTENTS

OUR VIEW 1
CATALYST 1
SUMMARY 1
METHODOLOGY 2

EXECUTIVE SUMMARY 3
Introduction 3
Creating efficient future banking platforms (Market Focus) 3
Demanding business environment (Strategy Focus) 3
Designing future banking IT platforms (Technology Focus) 4
Core System IT spending in North American and Western European Retail
 Banking (Databook) 4

CREATING EFFICIENT FUTURE BANKING PLATFORM (MARKET FOCUS) 7
Summary 7
A vague market situation drives pressure on improving operational
 efficiency and revenue growth effectiveness 7
Growing regulations create need for greater control and transparency
 of banking processes 12
Acquisitive growth strategies require the ability to rapidly integrate
 acquired institutions 15

INDUSTRY ISSUES AND INHIBITORS - SUMMARY OF THE BRIEF 18
DEMANDING BUSINESS ENVIRONMENT (STRATEGY FOCUS) 19
Summary 19
Time-to-market and changing regulations mostly affect banking platform
 usability change 21
Lowering cost and improving operational efficiency primarily lie
 behind platform evolution 23
Creating process excellence dictates designing a future banking
 platform 26

DESIGNING FUTURE BANKING IT PLATFORMS (TECHNOLOGY FOCUS) 28
Summary 28
Core system IT investments is a top priority for banks' IT budgets
 in 2006 28
Incremental approach towards replacement emerges as a main strategy
 for top-tier banks 30
Re-architecturing continues as a response to the interest in
 service-oriented architecture 32
Service-Oriented Architecture - the next big leap towards process
 excellence 35

CORE SYSTEM IT SPENDING IN NORTH AMERICAN AND WESTERN EUROPEAN RETAIL
 BANKING (DATABOOK) 40
Introduction 40
NORTH AMERICAN RETAIL BANKING CORE SYSTEM MARKET 41
CORE SYSTEM IT SOURCE SPENDING BY COUNTRY IN NORTH AMERICA 43
CORE SYSTEM IT SPENDING IN UNITED STATES BY TIER 45
WESTERN EUROPEAN RETAIL BANKING CORE SYSTEM MARKET 50
CORE SYSTEM IT SOURCE SPENDING BY COUNTRY/REGION 52

For more information visit http://www.researchandmarkets.com/reports/c42114

Source: Datamonitor