Gartner Research

Magic Quadrant for Global Retail Core Banking

Published: 28 June 2018

ID: G00338006

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

Summary

Core banking market demand is surging to support digital banking transformation, with an increased focus on commercial off-the-shelf packages and public cloud. Bank CIOs should evaluate core banking products in the broader context of the open core banking ecosystem.

Table Of Contents

Market Definition/Description

  • Independence and Performance of the Delivery Model
  • Banks as Platforms and Open Banking
  • Mesh Architecture — Beyond Componentization
  • Embedded Analytics and the Introduction of AI in Some CBS Functions

Magic Quadrant

  • Vendor Strengths and Cautions
    • Avaloq
    • EdgeVerve Systems
    • FIS
    • Intellect Design Arena
    • Oracle
    • SAP
    • Sopra Banking Software (Sopra Banking Amplitude)
    • Sopra Banking Software (Sopra Banking Platform)
    • TCS
    • Temenos
  • Vendors Added and Dropped
    • Added
    • Dropped

Inclusion and Exclusion Criteria

  • Inclusion Criteria
  • Exclusion Criteria

Evaluation Criteria

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

Context

Market Overview

  • Vendor Landscape
  • 2018 Market Movers
    • Increased Focus on Componentization and Microservices
    • Banks as Platforms
    • App Marketplaces
    • Embedded Data
    • Alternative Delivery Models
    • Deployment Reality Check
  • Banking Business Power, Drivers and Decision Makers

Gartner Recommended Reading

  • Ability to Execute
  • Completeness of Vision

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