June 15, 2023 – The cash management industry and the technologies supporting it have become a central focus for many banks. Corporate treasurers are more demanding than ever and are forcing the hand of their primary FIs to open their platforms, integrate more tightly with third-party systems, and offer more tools to help them effectively and efficiently manage their finances. These factors, coupled with a challenging economic environment, a regional bank crisis, and the growing presence of fintech companies, are driving significant change within this industry.
Leveraging the Aite Matrix, a proprietary Aite-Novarica Group vendor assessment framework, this Impact Report evaluates the overall competitive position of nine vendors, focusing on vendor stability, client strength, product features, and client services. This report profiles Bottomline Technologies (Bottomline), Dragonfly Financial Technology (Dragonfly), FIS, Fiserv, Infosys Finacle, Intellect Design Arena Limited (Intellect), Jack Henry & Associates (Jack Henry), NCR, and Q2 Software (Q2).
Clients of Aite-Novarica Group’s Commercial Banking & Payments service can download this report and the corresponding charts.