Core Banking: The Best of the Rest

Create a vendor selection project & run comparison reports
Click to express your interest in this report
Indication of coverage against your requirements
A subscription is required to activate this feature. Contact us for more info.
Celent have reviewed this profile and believe it to be accurate.
27 February 2007
Bart Narter


San Francisco, CA, USA February 27, 2007

Core Banking Solutions: The Best of the Rest

The unique core systems requirements of international branches, private banks, and other non-US banks are being met by European and Asian vendors.

Core banking systems requirements distinguish the US market from the rest of the world. International branches, private banks, and other non-US banks have specific requirements for core systems which US banks don't support. European and Asian core systems vendors are leading the pack of companies targeting this market. In the report, Core Banking Solutions: The Best of the Rest, Celent compares the range of solutions available to overseas branches, universal banks, private banks, and non-US retail banks, requiring multi-lingual, multi-currency capabilities, and support for products that US banks don't support.

"International banks are entirely different animals," says Bart Narter, author of the report and senior analyst in the banking group at Celent. "International branches, for example, require the ability to support business and retail needs, but don't require the scale of a home market. These are areas in which European and Asian banks excel, and they have core systems to support them," he continued.

This report is the sixth in a series on core banking. The first report, Overcoming the Fear Factor: Migrating Core Banking Systems, April 2006, provides an overview of the core banking landscape and includes a case study in North America. The second report is Global Core Banking Solutions for Large Banks, May 2006. The third report is Global Core Banking Solutions for Midsize Banks, July 2006, and the fourth is Core Banking Solutions for Small Banks: A US Perspective, August 2006. The fifth report is Commercial Lending: Global Trends and the Systems that Enable Them, January 2007.

Subsequent reports will include:

  • Core Banking: A US Perspective

  • Core Banking: A Global Perspective

  • A case study on a bank in Europe that migrated to a new core system

  • This 59-page report contains 16 figures and 23 tables. A table of contents is available online.

    Members of Celent's Retail Banking and Wholesale Banking research services can download the report electronically by clicking on the icon to the left. Non-members should contact for more information.

Subscription required

Access to this content requires a Celent research subscription.

Subscribers should sign in to access this research.

If you are not a subscriber, register now or contact us to find out more about our subscription options.

Insight details

Corporate Banking, Retail Banking
Subscription(s) required to access this Insight:
Banking, >>Retail & Business Banking, >>Corporate Banking
Insight Format
Geographic Focus
Asia-Pacific, EMEA, LATAM, North America