Gartner Research

Magic Quadrant for International Retail Core Banking

Published: 08 October 2013

ID: G00252184

Analyst(s): Ethan Wang , Don Free

Summary

Out with the old, in with the new. The lack of agility and high cost of technology are driving banks to press the reset button on core banking systems. Gartner provides insight and perspective on the core banking market and the technology advances banks need for differentiation in today's market.

Table Of Contents

Market Definition/Description

  • Blurring Boundaries
  • Open Architectures
  • Leveraging SOA and EDA
  • Componentization
  • Commoditizing of Functionality
  • Synthesis

Magic Quadrant

  • Vendor Strengths and Cautions
    • Avaloq
    • BML Istisharat
    • Datapro
    • Diasoft
    • DL&A
    • FIS
    • Fiserv
    • ICS Financial Systems
    • Infosys
    • InfrasoftTech
    • Misys
    • Oracle
    • Polaris FT
    • SAB
    • SAP
    • Silverlake
    • Sopra Banking (Sopra Banking Amplitude)
    • Sopra Banking (Sopra Banking Platform)
    • Tata Consultancy Services
    • Temenos Group
  • Vendors Added and Dropped
    • Added
    • Dropped

Inclusion and Exclusion Criteria

  • Changes From Last Year
  • Inclusion Criteria
    • IRCB Product Capabilities
  • Exclusion Criteria

Evaluation Criteria

  • Ability to Execute
  • Completeness of Vision
  • Quadrant Descriptions
    • Leaders
    • Challengers
    • Visionaries
    • Niche Players

Context

Market Overview

  • Targeted Research
  • Vendor Landscape and Quadrant Movements
  • 2012 Market Movers
  • Banking Business Power, Drivers and Decision Makers

Gartner Recommended Reading

  • Ability to Execute
  • Completeness of Vision

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