2020 banking software spend grew at a rate of 12% last year, up from expectations of 4%.
BWG is conducting its Q1 survey on banking software platforms covering several key SW names in core and digital banking (not focussed on consumer payments). We will evaluate spending and roadmaps updates across multiple business lines.
My utilization of BWG has certainly picked up during this period. You continue to do a great job with your value-add more apparent than ever in volatile times.