Gartner Research

A Banker’s Guide to Core Banking Systems for Western Europe

Published: 24 August 2018

ID: G00357420

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


The already-strong core banking replacement cycle in Western Europe has accelerated in the past year. Open banking, public cloud and artificial intelligence will be transformational technologies in the next two years, and should be important parts of CIOs’ renewal agendas in this region.

Table Of Contents


  • The United Kingdom (U.K.) and Ireland
  • The Nordics (Denmark, Finland, Iceland, Norway and Sweden)
  • The DACH Region (Germany, Austria and Switzerland)
  • The Benelux Countries (Belgium, the Netherlands and Luxembourg) and France
  • Southern Europe (Spain, Portugal, Italy, Greece, Cyprus, Malta and Israel)
  • CBS Providers in Western Europe
  • CBS Technology: Java, Oracle Database (Oracle DB) and IBM Power Systems Dominate in a Region of Legacy Systems
  • CBS Business Functionalities Are Commoditizing, and Differentiation Is Emerging in Componentization
  • Additional CBS Modules: New Smarter Channels Can Create Differentiation for Banks
  • CBS Providers’ Regional Profiles
    • Avaloq (MQ)
    • BML Istisharat
    • EdgeVerve Systems (MQ)
    • Enterprise
    • ERI
    • EVRY
    • Finastra
    • FIS (MQ)
    • Fiserv
    • Five Degrees
    • ICS Financial Systems
    • Intellect Design Arena (MQ)
    • Intertech
    • INTRASOFT International
    • Mambu
    • Oracle (MQ)
    • Profile Software
    • SAB
    • SAP (MQ)
    • Sopra Banking Software (MQ)
    • Tata Consultancy Services (MQ)
    • Temenos (MQ)
    • Tieto

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