Gartner Research

A Banker's Guide to Core Banking Solutions for Western Europe

Published: 12 February 2016

ID: G00296566

Analyst(s): Don Free , Vittorio D'Orazio


Core banking renewals across all banking segments are increasing across Western Europe, driven by digital bank transformation. These journeys are never painless, and critical success for bank CIOs requires technical evaluation, business analysis and regional context.

Table Of Contents


  • Introduction
  • The Western European Core Banking Market
    • The United Kingdom and Ireland
    • The Nordics (Denmark, Iceland, Norway, Sweden and Finland)
    • The DACH Region (Germany, Austria and Switzerland)
    • The Benelux (Belgium, the Netherlands and Luxembourg) and France
    • Southern Europe (Spain, Portugal, Italy and Greece)
  • CBS Providers in Western Europe
  • CBS Technology: Java, Oracle DB and IBM Power Systems Dominate
  • CBS Business Functionalities in Retail Banking Are Commoditizing
  • CBS Products Often Don't Stretch Beyond Their Borders
  • CBS Providers' Regional Profiles
    • Avaloq (MQ)
    • BML Istisharat (MQ)
    • Die Software Peter Fitzon
    • EdgeVerve Systems (MQ)
    • Enterprise
    • ERI Bancaire
    • Evry
    • FIS (MQ)
    • Fiserv (MQ)
    • ICS Financial Systems
    • Intellect Design Arena (MQ)
    • Misys (MQ)
    • Oracle (MQ)
    • Profile Software
    • SAB (MQ)
    • SAP (MQ)
    • Silverlake Axis (MQ)
    • Sopra Banking Software (MQ)
    • Sword Apak
    • Tata Consultancy Services (MQ)
    • Temenos (MQ)
    • Tieto
    • Unisys
  • Conclusion: Componentization and Vendor Viability Are Key Selection Criteria, but Regional Capabilities Cannot Be Ignored

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