June 29, 2023 – Virtual accounts are a way of organizing funds under a master bank account without creating separate physical accounts. They enable easy tracking and reconciliation of payments under the master account and help manage money flows more efficiently. Virtual offerings will represent a competitive differentiator for financial institutions once they possess all the information necessary to identify the right technology provider of a virtual account management platform.

This report provides a comprehensive overview of the global virtual account management platforms market and how it is changing in response to new customer demands and technological innovations. It is based on discussions with leading vendors, active end clients, and other key players participating in this technology market ecosystem. This report profiles the following vendors: Finastra, Infosys Finacle, Intellect Design Arena, Montran, Oracle, SAP Fioneer, and Tietoevry Banking.

Clients of Datos Insights’ Commercial Banking & Payments service can download this report.