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Consistent Excellence | 2023 Banking IT Solutions Market Share Report: iSoftStone Tops Multiple Fields

2024.07.24

 

Recently, CCID Consulting officially released the 2023 China Banking IT Solutions Market Share Analysis Report. For the second consecutive year, iSoftStone Information Technology (Group) Co., Ltd. has secured a top-five market share in China's banking IT industry, thanks to its exceptional technical strength and innovative capabilities. In terms of specific segments, iSoftStone ranked second in open banking, payment and clearing, and channel management. The company also secured third place in credit card and unstructured data management solutions, as well as in the testing and financial cloud service markets for two consecutive years.

 

CCID Consulting, a renowned IT market research institution under the Ministry of Industry and Information Technology, is a key benchmark for evalsuating industry solution providers. iSoftStone's achievements in this report highlight its strong brand influence and market competitiveness in banking IT solutions.

 

TOP2 Open Banking Solution Provider

iSoftStone's open API platform enables seamless integration between banking services and third-party developers, enhancing the banking service ecosystem and upgrading service functionality. The company's open banking solutions are highly praised for their flexibility, security, and ease of use. The company's open banking solutions are highly praised for their flexibility, security, and ease of use.

 

TOP2 Payment and Clearing System Solution Provider

As a core component of financial transactions, iSoftStone's solutions provide refined management of transaction processes, improving clearing efficiency, reducing transaction costs, and enhancing security. These solutions are designed to increase business efficiency and strengthen risk control for banks and other financial institutions.

 

Top 2 Channel Management Solution Provider

Leveraging advanced data analysis and AI technology, iSoftStone provides a comprehensive management platform for financial institutions. This platform optimizes resource allocations, enabling unified management and efficient collaboration between online and offline channels. As a result, customer service experience and channel operation efficiency have significantly improved.

 

In the fields of financial cloud services and testing, iSoftStone continues to drive technological innovation with its deep expertise in software engineering and system integration. The company is dedicated to providing the financial industry with quality assurance services that cover the entire lifecycle. For two consecutive years, iSoftStone has been ranked in the leader quadrant for financial cloud services and testing services in the 2023 China Banking IT Solutions market.

 

 

As a leading software solution provider in China, iSoftStone has always prioritized technological innovation. The company uses cutting-edge technologies such as AI, cloud computing, and big data to deliver efficient, secure, and innovative IT solutions for banks and other financial institutions. In 2024, with the addition of Tongfang's computer business, iSoftStone has established an Integrated Software-Hardware service framework. This framework provides end-to-end services, from consulting to solutions and applications, to meet the diverse needs of financial institutions during their digital transformation.

 

Looking ahead, iSoftStone will adhere to the principle of "innovation drives development, technology leads the future." The company will continue to explore new fields in financial technology, providing more professional, personalized, and intelligent services for financial institutions. By collaborating with financial institutions and other partners, iSoftStone aims to promote development and innovation within the financial industry, contributing to a more open, comprehensive, and efficient new financial ecosystem.

 

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