Gartner Research

A Banker's Guide to Core Banking Solutions for Central and Eastern Europe

Published: 18 February 2016

ID: G00296567

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

Summary

Core banking systems in Central and Eastern Europe historically come from regional providers, but the market now includes international players. Bank CIOs today have broader choices to address critical requirements, including regional expertise and business functionalities and componentization.

Table Of Contents

Analysis

  • Introduction
  • The CEE Core Banking Markets
    • Eastern Europe
    • Eurasia (Russia and Other Eastern States)
  • CBS Providers in CEE
  • CBS Technology: Oracle Dominates in the Large Tier, While Microsoft Is Strongest Among the Small and Midtier Banks
  • CBS Business Functionalities: Regional Vendors Lead for Regional Functions, but Should Be Screened for Componentization
  • Other CBS Business Functionalities Are Almost Always Optional
  • CBS Providers' Regional Profiles
    • Asseco Poland
    • BML Istisharat (MQ)
    • Diasoft
    • EdgeVerve Systems (MQ)
    • Enterprise
    • Evry
    • FIS (MQ)
    • Fiserv (MQ)
    • FlexSoft
    • Gora
    • Intellect Design Arena (MQ)
    • Misys (MQ)
    • Oracle (MQ)
    • Profile Software
    • SAP (MQ)
    • Silverlake Axis (MQ)
    • Sopra Banking Software (MQ)
    • Tata Consultancy Services (MQ)
    • Temenos (MQ)
    • Tieto
  • Conclusion: Regional CBS Vendors Still Reign, but International Providers Are Emerging

Gartner Recommended Reading

©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.