Aite Group research shows that hosted deployments will represent at least 60% of total treasury management onboarding vendor deployments by 2022.
Boston, June 1, 2017 — According to Aite Group’s latest report, Leaders of Treasury Management Onboarding: The Pursuit of Automation, banks around the globe are laser-focused on customer experience, and many consider it to be as important as functionality. Since onboarding is one of the first impressions treasury management customers get of their bank, it is a critical component of their experience and something banks must strive to automate and make efficient
“An overwhelming percentage of banks use minimal automated technologies when onboarding treasury management clients, and it is an area that banks recognize they must focus on,” says Aite Group research director Christine Barry. “Fortunately,” she adds, “the technology they need is now available to support their strategies.”
This report highlights the demand for treasury management onboarding solutions within the financial services industry and profiles the leading technology providers in the space. Vendors profiled in this report are Avoka, FMR Systems, Inc., Intellect Design Arena, nCino, Pegasystems, Pyramid Solutions, and Wausau Financial Systems (a Deluxe company), and it is based on the written results of an in-depth Aite Group request for information as well as product demos and client references.
About Aite Group:
Aite Group is a global research and advisory firm delivering comprehensive, actionable advice on business, technology, and regulatory issues and their impact on the financial services industry. With expertise in banking, payments, insurance, wealth management, and the capital markets, we guide financial institutions, technology providers, and consulting firms worldwide. We partner with our clients, revealing their blind spots and delivering insights to make their businesses smarter and stronger. Visit us on the web and connect with us on Twitter and LinkedIn.