This IDC Financial Insights report uses the IDC MarketScape model to provide an assessment of service providers participating in the digital transformation of payment services within financial institutions. This IDC MarketScape is an evaluation based on a comprehensive framework and a set of parameters that assesses providers relative to one another and to those factors expected to be most conducive to success in this market over both the short term and the long term.
"Financial institutions are increasingly relying on systems integrators and technology services firms to assist them in their efforts to move to next-generation payment platforms," says James Wester, research director for Worldwide Payment Strategies at IDC Financial Insights. "IDC Financial Insights expects the process of transforming payment systems within financial institutions will be ongoing and require the coordinated effort of internal resources, technology vendors, and service providers. Selecting the right systems integrator as a partner will be an important component of a successful transformation journey."
Capgemini S.A., Wipro Limited, IBM, Cognizant Technology Solutions Corporation, Larsen & Toubro Limited, Nippon Telegraph and Telephone Corporation, Virtusa Corporation, Infosys Limited, CGI Group Inc., DXC Technology