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Excel have been dethroned in every bank by bespoke software, unless you are talking about a tiny scale.

I've worked / work for some of the largest banks in the world.. Excel has not gone anywhere..

Is it the best way? Hell no - but excel files still fly around on almost all meeting invites...

Oh wow, that’s interesting. I thought it was still super common. Do you have a link that I can read to learn more about every bank using custom software?

They aren't all using custom software. But all are using banking software provided by one of the big 4 providers in the industry: FIS, Fiserv, Jack Henry, and D+H

I believe they control 95%+ of the banking market.

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