Banking software supplies the infrastructure to build, deploy, and administer financial products. Additionally, banking software stores account-holder data in compliance with local law. It also handles financial transaction processing and accounting. Finally, banking software is responsible for the look and feel of online and mobile banking, customer self-service portal, and other customer interactions.
Top banking software vendors are sophisticated in banking as well as software. They offer design consulting and understand the stringent compliance needs of financial institutions. Top banking software vendors emphasize flexibility and customizability, to suit personalized customer experiences and financial products.
Beyond common features of banking software, banking software vendors offer platforms tailored to the needs of different kinds of banks (e.g. retail, corporate, etc). And banking platforms may provide non-banking specific features, like marketing content management, or marketing distribution. This is of use given the compliance concerns present in all aspects of finance and banking.