20 Most Promising Banking Technology Solution Providers - 2015

IT has revamped the banking space, giving them the liberty to bring along new features and customer centric products. Leveraging the technology trends such as cloud, mobile, social media, analytics and cyber security, banks are able to deal more effectively with customers and ever changing market scenario. However, with advancements comes the difficulty in utilizing the true power of IT. Right from spending millions of dollars on tools to consistently keeping up with increased mobility demands, banks face difficulty in driving the cost-to-value out of IT. Many of those who are experienced in banking often cite the need to have a user and customer friendly IT experience, which enables effective ROI and customer retention.

Customers continue to place a premium on the convenience of online and mobile banking channels, while banks reduce their reliance on costly in-branch interactions. Banks do this by embracing digital channels to provide services to their customers. Banks will have to keep up with trends like mobile wallet that continues to gain momentum. In today’s environment of “Internet everywhere”, some innovative banks have also started offering in-branch Wi-Fi to improve their business performance.

For financial services in 2015, it is all about the ability to extract deep insights from customers’ data that creates real monetization opportunities and capitalizes on customers’ desires and expectations. Wi-Fi, coupled with other emerging technologies, provides the opportunity to do just that. To help CCOs, CIOs, and CEOs find the right banking technology and provider for their enterprises, our selection panel has evaluated hundreds of banking technology providers that own innovative technologies in this space.

In our selection, we looked at the vendor’s capability to fulfill the burning need of cost-effective and flexible solutions to tackle complex banking challenges. We present to you CIO Review’s 20 Most Promising Banking Technology Solution Providers 2015.

Company Name

Company Description

BAI Security An industry-leading IT Security and Compliance firm that specializes in identifying risks to information assets, while ensuring compliance and IT security best practices
Capital Banking Solutions Capital Banking Solutions (CBS) is an integrated software systems provider that supports the business operations for retail, international and corporate banks
Computer Services, Inc - CSI Delivers core processing, managed services, mobile and Internet solutions, payments processing, electronic and print distribution, and regulatory compliance solutions
Devbridge Group An international software design and development company that builds comprehensive, custom solutions for enterprise mobile and web
Exist Global A company that provides world-class talent to build cutting edge technology and applications using open source software
Gemalto A digital security company that provides security software, devices and services to many of the world's best known businesses and governments
GIEOM A comprehensive Business Excellence tool which allows businesses to manage changes to their Business Paths, Regulations and Policies, Skills and Competencies and Business Performance
GTB Technologies GTB Technologies Cloud Cyber security and DLP solutions provide the overall control and visibility needed to manage advanced threats, prevent data loss and enforce compliance in today’s perimeter-less environment
Incessant Technologies Incessant Technologies is an ISO-27001 certified global IT services provider of strategic BPM Consulting, Implementation & Complementary technologies like CRM, ECM, Middleware, Mobile & Analytics across industry verticals
Innovest Systems Provider of financial technology solutions delivered to forward thinking trust, wealth management, and retirement professionals
Intertech Provides financial institutions with a wide range of information technology solution and service portfolio
Miratech Miratech is an IT services and outsourcing company that provides managed IT services to large and midsize multinational organizations.
Perpetuuiti Technosoft Perpetuuiti is enterprise software Products Company focused on building products that address business service availability assurance, orchestration and automation challenges
Saggezza A global technology provider of Big Data and advanced analytics for financial institutions
SmartStream A company provides Transaction Lifecycle Management solutions and Managed Services to dramatically transform the middle and back-office operations of financial institutions.
smarTTrade Technologies Provides sophisticated liquidity management systems which enables banks to develop multi-asset dealing platforms.
Suite LLC Provides financial analytic software and consulting services to the capital markets sector.
Sunoida Solutions Provides Business Intelligence, Analytics, Risk Management & Revenue Leakage solutions to Financial Services Industry.
Trade Technologies, Inc Provides internet-powered software and services that greatly accelerate cash flow and reduce risk for Exporters, Forwarders and Asia-Direct Importers and Vendors.
VocaLink Provides high availability and resilient payment solutions for governments, financial institutions and corporate.