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Core banking market worth $5.1 bln by end-2013

Posted on 05 April 2012

Celent has estimated the total core banking market size to be around $4.8 billion for the year 2011. The market is expected to grow to $5.1 billion by the end of 2013. Banks are increasingly looking toward modern solutions to overcome constraints in their existing environments.
Islamic banking is popular in the Middle East, Asia, and Africa and has seen high interest in the region. Temenos and Misys have the highest market share in this region, while Path Solutions, with their Islamic banking focus, also garners a noteworthy slice of the pie………………………………………..Full Article: Source

 
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