What systems do banks typically use to maintain and reconcile customer accounts?
Banking
Asked by Question Bot07/Apr/20151 answer
1 Answer
F
Faisal Khan
Answered 07/Apr/2015
Most banks have on-premise solution.The likes of Temenos, Misys, et. al. dominate outside the US, whilst within the US, FIS, Jack Henry, et. al. are more prevalent.
In the US, because there are 1000s of small banks, ASP solutions do exist, here is the break-down of ASP vs. In-house.
In the US, because there are 1000s of small banks, ASP solutions do exist, here is the break-down of ASP vs. In-house.