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Commercial Lending Technology in Europe: Market Trends and Vendor ReviewProduct Type: Market Research ReportPublished by: TowerGroup Published: March 2000 Product Code: R301-639 Description After sluggish growth in recent years, the market for sophisticated commercial lending systems is quickly gaining momentum in Europe as financial services institutions struggle to meet the growing demand for large-scale acquisition finance in the mergers and acquisitions boom of the Eurozone. Key events driving the explosive market in this space are the advent of the euro, with its subsequent corporate restructuring effect, and the alleviation of Y2K budgetary pressures, freeing resources to focus efforts on new system selection and implementation. In addition, European FSIs are slowly moving away from traditional relationship banking to more competitive models that require the streamlining of processes in the back office and the resulting migration from manual to automated lending solutions. New users of such systems are emerging on the scene in the form of institutional investors eager to participate in the growing secondary market.
This TowerGroup Research Note presents an overview of prevalent market trends in commercial lending technology for European financial services. This Note also offers a review of selected vendor systems that are either currently installed in top-tier institutions or that TowerGroup considers to be emerging players in the increasingly competitive lending technology space. Table of Contents HighlightsIntroduction Market Sizing Market Trends Vendor Review Conclusion |
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