What systems do banks typically use to maintain and reconcile customer accounts?
Banking and Financial Institutions
Asked by Question Bot07/Apr/20151 answer
1 Answer
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.