Gartner Research

Magic Quadrant for International Retail Core Banking

Published: 13 November 2014

ID: G00262638

Analyst(s): Don Free, Ethan Wang


The core banking market demand for practical and enabling technology to support significant business initiatives, such as a digital banking strategy, is surging. Lack of agility and the high cost of technology are driving more banks to build the business case for core banking renewal.

Table Of Contents

Market Definition/Description

  • Blurring Boundaries
  • Open Architectures
  • Leveraging Service-Oriented Architecture and Event-Driven Architecture
  • Componentization
  • Commoditization of Functionality
  • Summing It Up

Magic Quadrant

  • Vendor Strengths and Cautions
    • Avaloq
    • BML Istisharat
    • Cobiscorp
    • Datapro
    • FIS
    • Fiserv (DNA)
    • Fiserv (Signature)
    • ICS Financial Systems
    • Infosys
    • InfrasoftTech
    • Misys
    • Oracle
    • Polaris Financial Technology
    • SAB
    • SAP
    • Silverlake Axis
    • Sopra Banking Software (Sopra Banking Amplitude)
    • Sopra Banking Software (Sopra Banking Platform)
    • TCS
    • Temenos
  • 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


Market Overview

  • Targeted Research
  • Vendor Landscape and Quadrant Movements
  • 2014 Market Movers
  • Banking Business Power, Drivers and Decision Makers

Gartner Recommended Reading

  • Ability to Execute
  • Completeness of Vision

©2020 Gartner, Inc. and/or its affiliates. All rights reserved. Gartner is a registered trademark of Gartner, Inc. and its affiliates. This publication may not be reproduced or distributed in any form without Gartner’s prior written permission. It consists of the opinions of Gartner’s research organization, which should not be construed as statements of fact. While the information contained in this publication has been obtained from sources believed to be reliable, Gartner disclaims all warranties as to the accuracy, completeness or adequacy of such information. Although Gartner research may address legal and financial issues, Gartner does not provide legal or investment advice and its research should not be construed or used as such. Your access and use of this publication are governed by Gartner’s Usage Policy. Gartner prides itself on its reputation for independence and objectivity. Its research is produced independently by its research organization without input or influence from any third party. For further information, see Guiding Principles on Independence and Objectivity.

Already have a Gartner Account?

Become a client

Learn how to access this content as a Gartner client.