[CONTENT]
$
USD
Total Economic Impact
Cost Savings And Business Benefits Enabled By The Digital Banking Solution
A FORRESTER TOTAL ECONOMIC IMPACT STUDY COMMISSIONED BY Alkami, NOVEMBER 2025
|
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
Total Economic Impact The Total Economic Impact™ Of The Alkami Digital Banking SolutionA FORRESTER TOTAL ECONOMIC IMPACT STUDY COMMISSIONED BY Alkami, NOVEMBER 2025 Cost Savings And Business Benefits Enabled By The Digital Banking Solution
M
K
Value must be greater than or equal to
Value must be less than or equal to
InputsCustomize these inputs with data for your organization. Name of your organization Currency Exchange Rate Asset size Number of employees Total members Total number of active digital banking users [CONTENT]
IntroductionThis interactive tool is based upon “The Total Economic Impact™ Of The Alkami Digital Banking Solution,” a commissioned study conducted by Forrester Consulting on behalf of Alkami in November 2025. Forrester interviewed 11 representatives of four organizations using the Alkami Digital Banking Solution to identify and quantify potential key benefits of investing in the Alkami Digital Banking Solution. Use the inputs on the left to customize the analysis and estimate the potential impact that an investment in the Alkami Digital Banking Solution can bring to your organization. Results for: Benefits (Three-Year)[CHART DIV CONTAINER]
Increased loan interest income
Marketing efficiency gain
Increased credit card income
Electronic document savings
Development cost reduction with the Alkami SDK
Fraid reduction/deterred loss with BioCatch
Financial SummaryConsolidated Three-Year, Risk-Adjusted Metrics for0%Return on investment (ROI) Benefits PV Net present value (NPV) Payback Cash Flow Chart (Risk-Adjusted)[CHART DIV CONTAINER]
Total costs
Total benefits
Cumulative net benefits
Initial
Year 1
Year 2
Year 3
Cash Flow Analysis (Risk-Adjusted)
Quantified benefit data as applied toTotal Benefits
Increased Loan Interest IncomeAlkami enables organizations to increase their total loans through targeted marketing campaigns that use Alkami targeting. Increased Loan Interest Income
Marketing Efficiency GainAlkami can help organizations develop and run more specific and targeted campaigns without increasing marketing personnel capacity. Its Data and Marketing Solution can assist organizations in understanding their account holders’ financial behaviors, applying AI models, and automating always-on marketing campaigns. Marketing Efficiency Gain
Increased Credit Card IncomeThe Alkami Digital Banking Solution may increase product use by enabling member services improvements. This could result in higher engagement through digital channels, helping increase credit card use and the associated income. Increased Credit Card Income
Electronic Document SavingsAlkami’s combination of improved marketing and digital functionality can enable organizations to reduce costs by eliminating paper statements and encouraging members to switch to e-statements. Electronic Document Savings
Development Cost Reduction With The Alkami SDKAlkami’s software development kit (SDK) can help internal developers reduce timelines and collect more data for projects and applications. Development Cost Reduction With The Alkami SDK
Fraud Reduction/Deterred Loss With BioCatchAlkami's integrated third-party partner, BioCatch, can help organizations reduce fraud and deter loss. Using BioCatch's risk rating can help organizations improve their responses to fraud and reduce the monetary impact of attacks. Fraud Reduction/Deterred Loss With BioCatch
Quantified cost data as applied toTotal Costs
Alkami CostsOrganizations can expect to incur integration and annual subscription fees, which include Alkami and third-party products. Initial costs include professional services, licensing costs, and third-party and consultant fees. Alkami Costs
Internal Implementation CostsOrganizations can expect to incur internal labor costs to implement the Alkami Digital Banking Solution. The implementation process typically takes nine months. Internal Implementation Costs
Ongoing Internal Alkami Administration CostOrganizations can expect to incur internal labor costs to support the maintenance of the Alkami Digital Banking Solution. Ongoing management can be expected to be moderate across teams. Ongoing Internal Alkami Administration Cost
Marketing Campaign AdministrationOrganizations can expect to incur internal labor costs to support segmentation and marketing efforts. Marketing Campaign Administration
From the information provided in the interviews, Forrester constructed a Total Economic Impact™ framework for those organizations considering an investment in the Digital Banking Solution. The objective of the framework is to identify the cost, benefit, flexibility, and risk factors that affect the investment decision. Forrester took a multistep approach to evaluate the impact that the Digital Banking Solution can have on an organization. Due DiligenceInterviewed Alkami stakeholders and Forrester analysts to gather data relative to the Digital Banking Solution. InterviewsInterviewed 11 representatives at organizations using the Digital Banking Solution to obtain data about costs, benefits, and risks. Financial Model FrameworkConstructed a financial model representative of the interviews using the TEI methodology and risk-adjusted the financial model based on issues and concerns of the interviewees. ROI CalculatorConstructed a calculator based on the model in the associated study and in accordance with Forrester and TEI standards. Forrester’s aim is to clearly show all calculations and assumptions used in the analysis. DisclosuresReaders should be aware of the following: This study is commissioned by Alkami and delivered by Forrester Consulting. It is not meant to be used as a competitive analysis. Forrester makes no assumptions as to the potential ROI that other organizations will receive. Forrester strongly advises that readers use their own estimates within the framework provided in the study to determine the appropriateness of an investment in the Alkami Digital Banking Solution. For any interactive functionality, the intent is for the questions to solicit inputs specific to a prospect's business. Forrester believes that this analysis is representative of what companies may achieve with Digital Banking Solution based on the inputs provided and any assumptions made. Forrester does not endorse Alkami or its offerings. Although great care has been taken to ensure the accuracy and completeness of this model, Alkami and Forrester Research are unable to accept any legal responsibility for any actions taken on the basis of the information contained herein. The interactive tool is provided ‘AS IS,’ and Forrester and Alkami make no warranties of any kind. The results generated by the ROI calculator are estimates only and should only be used as a guide to evaluate the potential savings and return on investment. ROI depends on financial, market, economic, and other factors that are subject to fluctuation and may not be predictable. Accordingly, actual results will vary. Alkami reviewed and provided feedback to Forrester, but Forrester maintains editorial control over the study and its findings and does not accept changes to the study that contradict Forrester’s findings or obscure the meaning of the study. Alkami provided the customer names for the interviews but did not participate in the interviews. Consulting Team:Shaheen Z Parks PublishedNovember 2025 |
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
ABOUT FORRESTER CONSULTING
Forrester provides independent and objective research-based consulting to help leaders deliver key transformation outcomes. Fueled by our customer-obsessed research, Forrester’s seasoned consultants partner with leaders to execute on their priorities using a unique engagement model that tailors to diverse needs and ensures lasting impact. For more information, visit forrester.com/consulting.
© Forrester Research, Inc. All rights reserved. Unauthorized reproduction is strictly prohibited. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change. Forrester®, Technographics®, Forrester Wave, and Total Economic Impact are trademarks of Forrester Research, Inc. All other trademarks are the property of their respective companies
https://mainstayadvisor.com/go/mainstay/gdpr/policy.html
PDF