2 minutes
A visual representation of the financial services vendor playing field over time
Although the rising trend of market consolidations is not new to financial services, the sheer size of players involved and the pieces at play has lately raised some eyebrows.
Mergers and acquisitions of size materially reduce the breadth of the playing field – meaning fewer service providers and, perhaps, less negotiating room for some banks and credit unions.
This educational resource of strategy-impacting vendor consolidations from 2017-2020 from CUESolutions Platinum provider Strategic Resources Management provides:
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List of 11 major vendor M&As in financial services
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View of timing and size of deals
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Distinction of who was the target vs. acquirer
Have a look at this visual of the game board before your next contract renewal with one of these vendors.