Core processing platform replacements among credit unions and banks alike should continue a slight uptick in the next few years, according to the Aite Group.
The Boston-based research firm said it already has seen an increase in deployments of new platforms in recent months by banks of between $3 billion and $10 billion in assets and among credit unions of $1 billion or more.
"Many institutions are left with little choice but to replace their core systems as they move forward with planned initiatives," Aite Group said in a new report on core vendors.
Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.
Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
- Exclusive discounts on ALM and CU Times events.
- Access to other award-winning ALM websites including Law.com and GlobeSt.com.
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
