Treasury management system vendors are experiencing growth despite the economic downturn.

Boston, MA, June 8, 2009 – A new report from Aite Group, LLC provides an overview of the treasury management system (TMS) market and an assessment of how and where the profiled vendors and their solutions fit within it. Based on detailed questionnaires, product demonstrations and customer interviews, the report profiles seven of the eight leading global TMS providers.

Despite a downturn in the global economy, the seven leading TMS vendors profiled in this report experienced revenue and customer growth in 2008. In addition to new sales, vendors indicated larger deployments and deeper relationships with existing customers to be key drivers of this growth. While growth was universal, corporate looking to implement a vendor-hosted treasury management system should recognize that each vendor's offering is unique and geared toward different needs. Unlike many other financial services technologies, TMS vendor offerings vary widely by product offering and market positioning. Firms interested in adopting a solution should be aware of the various offerings in order to select the solution that best fits their specific organization.

"Aite Group believes this growth will continue as treasury groups evolve as strategic financial centers within organizations large and small," says Judson Murchie, analyst with Aite Group and author of this report. "In order to take full advantage of burgeoning market opportunities, vendors should strive to position their solution for treasury groups with specific types of needs rather than targeting the broader market at-large."

The report profiles seven of the eight leading worldwide treasury management system vendors: Chesapeake Systems Solutions, IT2, Kyriba, Oracle, SunGard, Thomson Reuters and Wall Street Systems.

This 60-page Impact Report contains 14 figures and three tables. Clients of Aite Group's Wholesale Banking service can download the report by clicking on the icon to the right.

Related Aite Group Research:

• Treasury Technology for the Mid-Tier: The New Web-Delivered Opportunity
• The Changing Face of Bank Treasury Services
• U.S. Large Corporate Treasury Services: An Industry Positioned for Growth
• Bank-Offered Treasury Workstations: The Time Is Now

To purchase this report or
for additional information,
please contact:
Aite Group Sales
Tel: +1.617.338.6050
sales@aitegroup.com