Zenmonics, an IDC Fintech 100 company and global provider of an omnichannel platform that supports all channels in a financial institution, today announced the latest update of its channelUNITED® platform and continued recognition as a leader of omnichannel retail banking solutions.
The recently released IDC MarketScape: North America Omni-Engagement Retail Banking Solutions 2019 Vendor Assessment, Doc # US43788619, February 2019, placed Zenmonics in the Leaders Category based on their strength of capabilities and strategy execution. The report highlights that channelUNITED spans “both digital banking and enterprise solution on an efficient and synergistic single platform” – allowing financial institutions to “leverage out-of-the-box offerings, apps prebuilt on the channelUNITED platform, and also the ability to create customized solutions that meet the needs of institutions through open APIs and microservices.”
“Financial institutions continue to challenge the Fintech market to provide platform driven solutions that enable true digital transformation,” said Riaz Syed, chief executive officer and founder of Zenmonics. “As we continue to work with those leading institutions, we believe the overall market will shift towards open banking platforms that eliminate friction for customers and bankers alike.”