2009 Outlook for Six Big Core Banking Vendors: Uneven and Spotty

Analyst: Bill Bradway

February 19, 2009

The six, big, public core banking vendors (Fiserv, Fidelity, Metavante, Jack Henry, Misys, Temenos) have reported their results for calendar 2008 in the past three weeks. The big core banking vendors are considered “bell weather” leaders of the FinTech industry. If this group fares well there may be hope (read growth) for overall IT spending for the banking industry. If this group struggles, the outlook for FinTech IT spending becomes uncertain and perhaps even gloomy.

These six vendors represent the four largest US core banking vendors and the two largest international core banking vendors based on core banking installations, including recent acquisitions by Temenos. Year end (for Misys and Jack Henry mid year) earnings were disclosed between January 30th and February 18th, providing a timely perspective on the outlook for these companies. A chronological summary of their results and outlook is provided in this expanded A & O Brief.

• What’s up and what’s down?
• Are there any encouraging signs in their results?
• Which ones are positioned to fare better during 2009?
• Are any of these vendors looking at a flat or down year?
• What are the dynamics behind their 2009 guidance?

Read more to find out how to receive access to this and other A & O Briefs.

Bradway Research permits the purchase of an individual Analysis & Opinion Brief for internal use by the purchasing party. We use PayPal to complete all online purchase transactions. Plese click on the "Buy Now" button to use PayPal's credit card transaction service. Once the transaction has been completed and notice is received from PayPal, you will receive the A & O Brief by email. Please contact us at info@bradwayresearch.com if you have additional inquiries.