IBS Intelligence announces its Annual Sales League Table 2022 results

No let-up in the dash to digitisation. The surge of digital adoption during the pandemic was just a glimpse of what is coming in the foreseeable future. We have entered a stage where dynamic digital acceleration is key to success in banking technology, primarily fuelled by innovations across the globe.

London, June 9, 2022 – IBS Intelligence (IBSi) today is pleased to announce the publication of its eagerly awaited iconic Annual IBSi Sales League Table (SLT) 2022. With a 20-year track record, the IBSi SLT showcases the sales performance of banking technology suppliers, objectively ranking products across 22 categories, with three new categories launched this edition.

The IBSi SLT 2022 includes systems purchases made by over 1000+ banks across 250+ products from 60 suppliers across the Americas, Europe, Middle East, Africa, APAC and ASEAN. The number of deals evaluated this year was 1,900+, reported across 134 countries globally.

This year, IBSi also recognises select suppliers who have not made it to the SLT Leadership Club but have demonstrated strong performance in the SLT Industry Leader Special Awards across multiple categories: Fraud Management, Credit Scoring, Card Management & e-Wallets, Loan Origination, Domestic Leader | ASEAN, Regional Leader | LATAM, Regional Leader | Africa | Digital Banking & Channels, Global Leader | Multi-Region, Treasury & Risk Management, Star Performance | SLT New Entrant | Transaction Banking (Trade Finance).

“Robin Amlôt, Managing Editor of IBS Intelligence, said: “Last year saw no let-up in the dash to digitisation. The surge of digital adoption, which had begun during the height of the pandemic, continued unabated. This may be just a glimpse of what is coming for the foreseeable future – notably in payments and compliance solutions.

“While the world faces economic dislocation, inflation, supply chain disruptions, and geopolitical instabilities in 2022, record levels of investment in 2021 in developing digital solutions have served only to increase the pressure on incumbents to modernise as neobanks and challenger entrants choose solutions with high-quality CX and UX interfaces. Dynamic digital acceleration is key to success in banking technology, primarily fuelled by innovations across the globe.”

This year’s winners’ snapshot is below:

  1. BankWide
    • Universal Banking | Core | Temenos, Infosys Finacle
    • Digital Core | Thought Machine
    • Risk Management | Temenos, Adenza
    • Compliance Management |Kiya.ai, Azentio Software
    • CRM | Infosys Finacle, Azentio Software
  1. Retail Banking
    • Retail Banking | Core | Intellect Design Arena, Sopra Banking Software
    • Lending | Retail | Intellect Design Arena, Infosys Finacle, Azentio Software
    • Digital Banking & Channels | Temenos, Intellect Design Arena
    • Payments | Retail | Temenos, BPC Group
  1. Wholesale Banking
    • Payments | Wholesale | Volante Technologies, Infosys Finacle
    • Lending | Corporate | Sopra Banking Software, EpikInDiFi
    • Treasury & Capital Market | Murex, Adenza
    • Transaction Banking | Intellect Design Arena, Infosys Finacle
  1. Wealth Management
    • Private Banking & Wealth Management | Objectway, Avaloq, EbixCash Financial Technologies, Intellect Design Arena, Lyst Technologies
    • Investment & Fund Management | TCS Financial Solutions, Profile Software
  1. Other SLT Areas
    • Data Warehousing & Business Intelligence | Asseco, Autosoft Dynamics, Azentio Software
    • InsurTech | Intellect Design Arena, TCS Financial Solutions
    • Treasury & Risk Management | Adenza
  1. New SLT Areas
    • Reconciliation | Ascent Business, Lyst Technologies
  1. Neo Bank & Challenger Bank SLT
    • Neo Bank & Challenger Bank | Temenos, Adenza
  1. Islamic Banking SLT
    • Islamic Banking| Universal Banking | Core | Temenos, Azentio Software
    • Islamic Banking | Lending | Retail | Lyst Technologies, Azentio Software
    • Islamic Banking| Wholesale Banking | Treasury & Capital Market | Murex, Ascent Business, Lyst Technologies, Profile Software, TCS Financial Solutions
  1. Regional Leaders
    • Americas | Finastra, Temenos
    • APAC | Kiya.ai, Credgenics
    • Europe | Sopra Banking Software
    • Middle East – Africa | Kiya.ai, Temenos
    • ASEAN | Intellect Design Arena
  1. Domestic SLT
    • India | Kiya.ai, Infosys Finacle
    • USA | Finastra, ACI Worldwide
    • Russia | Flexsoft
    • UK | ClauseMatch, Adenza, Thought Machine
  1. Global Leadership
    • Product Breadth | Intellect Design Arena, Temenos, Kiya.ai
    • Geographic Spread | Temenos, Intellect Design Arena, TCS Financial Solutions
  1. IBSi SLT Leader Special Awards
    • Fraud Management | Asseco, Capital Banking Solutions, TCS Financial Solutions
    • Credit Scoring | Azentio Software
    • Card Management & e-Wallets | BPC Group
    • Loan Origination | Software Group
    • Market Risk | Asseco
    • Domestic Leader | ASEAN | Azentio Software
    • Regional Leader | LATAM | Technisys
    • Global Leader | Multi-Region | Fenergo
    • Regional Leader | Africa | Digital Banking & Channels | Modefin
  1. SLT NEW ENTRANT | Star Performance |
    • APAC | Credgenics
    • Americas | Ascent Business
    • Europe | Software Group
    • Star Performance | SLT New Entrant | Transaction Banking (Trade Finance) | Impactsure Technologies

Detailed analysis and insights are in the SLT Report 2022, available for subscription here.

About IBS Intelligence

Established in 1991, UK-headquartered IBS Intelligence is the leading global pure-play Financial Technology research, news analysis, and advisory firm. IBSi’s Sales League Table is considered the global industry barometer ranking leading banking technology suppliers. Its research reports comprehensively cover international suppliers across all Banking Technology & Financial Technology systems and are also distributed by Thomson Reuters, Bloomberg and S&P Capital IQ.

IBSi’s Innovation Lab in Dubai brings banks and suppliers together with an opportunity to access the Middle East market and to test and experience global Financial Technology products within the region. The group company, Cedar, is a global management consulting firm with deep expertise in formulating and executing a business strategy for financial services clients worldwide with a significant focus on leading their technology and digital transformation.

Press Contact:
Anshika Mishra
+91.9819749498
AnshikaM@ibsintelligence.com