NEW RESEARCH – Monitise Strategy Update

It has been a busy few months for UK-based Monitise since FinancialServicesViews published a big report on the company’s strategy of building a broad ecosystem of partnerships in mobile banking and m-commerce which continue to be priority areas for investment for the banks.

Fundamental changes in the market as well as a consistently falling share price have precipitated a formal Strategic Review by the company and prompted questions about its future independence. At the Capital Markets Day last week the management clearly outlined their view of how to achieve their medium term forecasts and to exploit their market position. Their ability to realise their potential is substantially increased by their partnerships with companies such as Santander, Telefonica and MasterCard.

However, in our view, their success will be fundamentally dependent on the move to a Cloud-based platform and the company’s partnership with IBM, enabling them to access the scalability, agility and cost base with which to meet the challenge. You can access our AnalystView giving an update on Monitise’s strategy and current position here.

FinancialServicesViews also recently published a report on the wider subject of Partnerships in the Financial Services sector and subscribers to this research stream can access the report here. If you are interested in learning more about subscribing to FinancialServicesViews or any of our other research streams, please contact Deb Seth of our Client Services team.

Posted by Peter Roe at '08:56' - Tagged: cloud   partnerships   mobility   bigdata   mcommerce   banking