EDINBURGH, Scotland--(BUSINESS WIRE)--KAL, the global ATM software company, has once again emerged as the world’s leading independent ATM software vendor in research recently carried out by London-based Retail Banking Research (RBR). This important biannual study of multivendor software included in-depth interviews with 66 financial services organizations in 39 countries.
Multivendor ATM software, where software from one vendor runs on hardware from a different vendor, has grown by 67% over the last two years. This indicates that banks are looking to extend functionality more cost effectively, and to benefit from the option to deploy ATMs from multiple suppliers.
KAL is one of the top three vendors in this market with a 21% share globally, and the only leading provider whose focus is exclusively on ATM software. This group has opened-up a significant gap over the rest of the pack with other companies listed in the study accounting for 7% or less of the total market.
KAL CEO Aravinda Korala commented, “This is good news for KAL. The key point in this research is the global adoption of a multivendor approach to running the ATM network. We are confident that this trend will continue and will positively impact on KAL’s market share going forward.”
About KAL:
KAL is the world’s leading ATM software company. We enable banks to take back control of their ATM network with powerful but easy to use multi-vendor software. The Kalignite Software Suite is our proven family of products and is unrivalled in the banking industry. It is the preferred ATM software and ATM management solution for many of the world’s leading international and national banks.
KAL is the world’s leading ATM software company. We enable banks to take back control of their ATM network with powerful but easy to use multi-vendor software. The Kalignite Software Suite is our proven family of products and is unrivalled in the banking industry. It is the preferred ATM software and ATM management solution for many of the world’s leading international and national banks.
KAL is a rapidly expanding global business with partners and customers in more than 80 countries supported by our multinational workforce with in-depth expertise.
The Kalignite Software Suite integrates with and controls ATM networks that vary widely in complexity, size and location – from banks with just a small number of ATMs to huge banks with global operations and thousands of ATMs in multiple countries. KAL enables banks to take back control of their ATMs using innovative application development and management tools that reduce the total cost of ATM ownership while providing the best possible ATM customer experience.
