Best Financial Services Software
Financial services software describes a family of solutions utilized by various industries involved directly with money matters. These products help financial services providers perform their basic job duties, stay compliant with regulations, and provide optimum assistance to clients. Financial services software includes tools designed specially for use within banks, loan offices, investment firms, and related organizations. The platforms included in this category can provide various features of broader software categories such as HR and Accounting & Finance, along with specialized features only applicable to these finance-related industries.
To qualify for inclusion in the Financial Services category, a product must:
- Offer features designed specifically for use by finance professionals
- Integrate with other software tools to help organize data and assist with job duties
Financial Services Software Grid® Overview
The best Financial Services Software products are determined by customer satisfaction (based on user reviews) and scale (based on market share, vendor size, and social impact) and placed into four categories on the Grid®:
- Products in the Leader quadrant are rated highly by G2 Crowd users and have substantial Market Presence scores. Leaders include: QQCatalyst, Encompass, Simple, ClaimCenter, Applied TAM, AMS360, and Salesforce Financial Services Cloud
- High Performers are highly rated by their users, but have not yet achieved the market share and scale of the Leaders. High Performers include: HomeBudget, EZLynx Agency Management, and Redtail CRM
- Contenders have significant Market Presence and resources, but have received below average user Satisfaction ratings or have not yet received a sufficient number of reviews to validate the solution. Contenders include: Guidewire InsuranceSuite, Oracle Insurance Policy Administration for Life and Annuity, Applied Epic, Sagitta, and SmartOffice
- Niche solutions do not have the Market Presence of the Leaders. They may have been rated positively on customer Satisfaction, but have not yet received enough reviews to validate them. Niche products include: Vertafore Agency Platform, Calyx Point, and TValue
