Report

The Forrester Wave analysis establishes the leaders in retail digital banking platforms

This Forrester Wave report discusses how banks need to improve their customer experience and innovate their products and services. Find out how Finastra’s end-to-end core banking solution, Fusion Essence, obtained the highest score for strategy.

The Forrester Wave analysis establishes the leaders in retail digital banking platforms

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This Forrester Wave report,  The Forrester Wave™: Digital Banking Processing Platforms (Retail Banking), Q3 2020, comes during a time where banks feel increasing pressure on their technology teams as they need to meet new expectations and provide solutions that are resilient, scalable and efficient.

This report shows how often retail banks do not have the right technology infrastructure and banking applications in place to deliver innovative solutions to meet their clients needs. Business and technology leaders acknowledge that their banking platforms are often severely overaged and do not provide a great foundation for new technology.

Finastra addresses these challenges by offering both broad retail and business banking capabilities with Fusion Essence being the anchor point of solutions for retail and business banking. In the Forrester report, Finastra obtained the highest scores available in the  planned enhancements, market approach and partner ecosystem criteria.

Retail banks will need to adapt to the fast-paced world of open digital banking with the help of Digital Banking Processing Platforms (DBPP) in order to survive.

We’re delighted to be ranked as a leader, which we believe cements our position in the retail banking space. We’ve worked tirelessly to bring Fusion Essence to where it is today.

Anand Subbaraman
General Manager, Retail Banking at Finastra
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