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Gartner Research
Gartner Magic Quadrant for Global Retail Core Banking
Summary
Core banking market demand keeps surging, underpinned by digital banking transformation, with an increased focus on commercial off-the-shelf packages, public cloud and open banking initiatives. Bank CIOs should evaluate core banking products in the broader context of the open core banking ecosystem.
Published: 22 July 2019
ID: G00368239
Analyst(s): Vittorio D'Orazio , Don Free
Table Of Contents
Market Definition/Description
- API Marketplaces
- Cloud
- Ecosystems
- Analytics and AI
Magic Quadrant
- Vendor Strengths and Cautions
- EdgeVerve Systems
- Finastra (Fusion Essence)
- Intellect Design Arena
- Mambu
- Oracle
- TCS
- Temenos
- Vendors Added and Dropped
- Added
- Dropped
Inclusion and Exclusion Criteria
- Inclusion Criteria
- Market Penetration
- Active Market Presence
- 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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