Leading 50™ Core Banking Technology Providers 2024
Provider Recognition

18 Nov 2024
by Ronak Doshi, Suman Upardrasta, Pranati Dave, Kriti Gupta, Laqshay Gupta

The Everest Group Leading 50™ Core Banking Technology Providers report ranks leading technology providers in the retail and commercial banking industry. The ranking evaluates providers based on key parameters, including revenue and customer base, module coverage across retail and commercial banking, innovation and investment in AI and SaaS, and client geographic mix. With the global core banking industry undergoing transformation, this report offers key insights into market dynamics, regional trends, and technology advances. It examines core banking’s transformation through the Customer-centricity, Operational agility, Regulatory alignment, and Ecosystem innovation (CORE) framework, highlighting how SaaS adoption and AI integration are reshaping the industry. The report also analyzes how pivotal hyperscaler partnerships are in accelerating innovation and SIs’ increasing importance in managing complex core banking transformations.

This comprehensive analysis is a resource for banks evaluating technology providers, helps providers benchmark themselves against peers, and offers insights for financial institutions exploring core banking modernization. By examining current trends and future outlook regarding AI integration, SaaS adoption, and ecosystem partnerships, this report provides a roadmap for success in the evolving core banking technology landscape.

Scope

  • Industry: core banking technology
  • Geography: global

Contents

In this report, we examine:

  • Leading 50™ core banking technology providers
  • The research background, methodology, and scope
  • Core banking technology growth drivers and market size
  • Leading 50™ core banking technology providers’ geographical distribution
  • Recognitions for core banking technology providers
  • Industry cloud partnerships for core banking innovation
  • The core banking space’s future with SaaS
  • AI and core banking convergence
  • Key investors shaping the core banking technology landscape
  • SIs’ role in core banking transformation
  • Implications for core banking technology providers
  • The CORE framework of the new normal in core banking

Membership(s)

Banking Information Technology

Sourcing and Vendor Management

 

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