Finance Cloud Market Share

Market Share of Finance Cloud Industry

Well-known players like Oracle, Microsoft, and Amazon dominate the market for finance clouds. These players occupy the majority of the market. The offerings by these companies help the financial sector face challenges like payment processing, core banking, and CRM.

In January 2022, Avaloq, a provider of business process as a service (BPaaS) and software as a service (SaaS), will expand its long-standing partnership with RBC Wealth Management, a division of the Royal Bank of Canada, throughout Asia. This will help RBC Wealth Management move to a cloud-based SaaS model and modernize the wealth management platform with cutting-edge solutions.

Finance Cloud Market Leaders

1. Oracle Corporation

2. SAP SA

3. Microsoft Corporation

4. Sage Intacct Inc.

5. Unit4

*Disclaimer: Major Players sorted in no particular order