Celent Launches XCelent Awards

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1 November 2010
New York, NY, USA

Celent, a Boston-based financial research and consulting firm, announces the launch of its new ABCD Vendor View and XCelent Awards honoring vendor excellence.

Celent's XCelent Awards will help financial institutions and technology providers stay abreast of industry trends by evaluating the shifting vendor marketplace and awarding technology best practices. Celent’s ABCD Vendor View presents a comparative view that visually represents at a glance the relative positions of each vendor in four dimensions: Advanced technology, Breadth of functionality, Customer base, and Depth of client services. The XCelent Awards will honor top performing vendors in each of the four letter categories:

XCelent Technology for the Advanced Technology score
XCelent Functionality for the Breadth of Functionality score
XCelent Customer Base for the Customer Base score
XCelent Service for the Depth of Service score

"While Celent has always evaluated service and technology providers to the financial services industry with great rigor, we haven’t ever recognized providers that are performing better than their peers,” says Bart Narter, Senior Vice President of Celent's Banking Group and creator of the awards. “The XCelent Awards allow providers to publicly acknowledge their excellent performance."

Celent's new research will highlight vendor excellence, with the first report looking at the mobile banking marketplace, Shuffling the Mobile Banking Vendor Deck: A Comparison of Mobile Retail Banking Solutions. All subsequent vendor comparison reports, in every Celent research service, will feature the XCelent Awards.

To learn more about Celent’s ABCD Vendor View and the XCelent Awards, register for our upcomingwebinar on November 3 at 12 p.m. EDT.

You can also read more about the ABCD Vendor View on our Methodology page.