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Report
Europe Core Banking Solutions Market - Industry Trends and Forecast to 2033
Market Report I 2023-12-01 I 294 Pages I Data Bridge Market Research
Europe core banking solutions market is expected to reach USD 7,381.53 million by 2031 from USD 3,458.89 million in 2023, growing at a CAGR of 10.1% during the forecast period of 2024 to 2031.
Market Segmentation
Europe Core Banking Solutions Market, By Type (Enterprise Customer Solutions, Deposits, Loans, Mortgages, Transfer, Payments and Withdrawal, Currency Exchange, and Others), Offering (Solution and Services), Deployment Mode (Cloud and On Premises), Enterprise Size (Large Enterprises and Small and Medium Enterprises (SMEs)), Channel (ATMs, Internet Banking, Mobile Banking, Bank Branches, and Others), Function (Account Management, Transaction Processing, Risk Management, Customer Relationship Management, Reporting and Analytics, Product Management, Loan Management, Compliance Management, and Others), End User (Banks, Credit Unions and Community Banks, and Other Financial Institutions), Country (Germany, Italy, U.K., France, Switzerland, Spain, Russia, Turkey, Belgium, Netherlands and Rest of Europe) - Industry Trends and Forecast to 2031
Overview of Europe Core Banking Solutions Market Dynamics
Driver
- Increasing integration with emerging technologies
Restrain
- Data security and safety concerns
Opportunity
- Expansion of fintech ecosystem
Market Players:
Some of the key players operating in the Europe core banking solutions market are:
- FIS.
- Bricknode
- Jayam solutions
- Forbis
- NCR VYOIX Corporation
- HCL Technologies Limited
- Unisys
- Infosys Limited
- TATA Consultancy Services Limited
- Jack Henry & Associates, Inc.
- SAP
- Oracle
- Capgemini
- nCino
- Finastra
- Fiserv Inc.
- Nelito Systems Pvt. Ltd
- Mambu
- Chetu Inc.
- Backbase
- Capital Banking Solutions
- IBM
TABLE OF CONTENTS
1 INTRODUCTION 50
1.1 OBJECTIVES OF THE STUDY 50
1.2 MARKET DEFINITION 50
1.3 OVERVIEW OF THE EUROPE CORE BANKING SOLUTIONS MARKET 50
1.4 CURRENCY AND PRICING 51
1.5 LIMITATIONS 52
1.6 MARKETS COVERED 52
2 MARKET SEGMENTATION 55
2.1 MARKETS COVERED 55
2.2 GEOGRAPHICAL SCOPE 56
2.3 YEARS CONSIDERED FOR THE STUDY 57
2.4 DBMR TRIPOD DATA VALIDATION MODEL 58
2.5 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 61
2.6 DBMR MARKET POSITION GRID 62
2.7 MULTIVARIATE MODELLING 63
2.8 TYPE LIFELINE CURVE 63
2.9 MARKET END USER COVERAGE GRID 64
2.10 SECONDARY SOURCES 65
2.11 ASSUMPTIONS 65
3 EXECUTIVE SUMMARY 66
4 PREMIUM INSIGHTS 69
4.1 COMPANY COMPARATIVE ANAYSIS 70
4.2 TRADITIONAL/LEGACY VS CONTEMPORARY/NEXT-GENERATION SOLUTION 74
4.3 FACTORS AFFECTING BUYING DECISION 76
4.4 PORTER'S MODEL 78
5 MARKET OVERVIEW 79
5.1 DRIVERS 81
5.1.1 INCREASING DEMAND AND ADOPTION OF CORE BANKING SOLUTIONS 81
5.1.2 INCREASING DEMAND FOR CUSTOMER CENTRIC SOLUTIONS 82
5.1.3 INCREASING INTEGRATION WITH EMERGING TECHNOLOGIES 82
5.2 RESTRAINTS 83
5.2.1 ADHERENCE TO STRICT REGULATORY GUIDELINES 83
5.2.2 DATA SECURITY AND SAFETY CONCERNS 84?
5.3 OPPORTUNITIES 84
5.3.1 RISING DEMAND FOR DIGITAL TRANSFORMATION 84
5.3.2 EXPANSION OF FINTECH ECOSYSTEM 85
5.4 CHALLENGE 85
5.4.1 CUSTOMER RESISTANCE TO CHANGE 85
6 EUROPE CORE BANKING SOLUTIONS MARKET, BY TYPE 87
6.1 OVERVIEW 88
6.2 ENTERPRISE CUSTOMER SOLUTIONS 91
6.3 PAYMENT AND WITHDRAWAL 92
6.3.1 NEOBANKS 92
6.3.2 ONLINE PAYMENTS 92
6.3.3 E-WALLET 93
6.3.4 IN-STORE PAYMENTS 93
6.4 TRANSFER 93
6.5 MORTGAGES 93
6.6 LOANS 94
6.7 DEPOSITS 94
6.8 CURRENCY EXCHANGE 95
6.9 OTHERS 95
7 EUROPE CORE BANKING SOLUTIONS MARKET, BY OFFERING 96
7.1 OVERVIEW 97
7.2 SOFTWARE 100
7.3 SERVICES 100
7.3.1 MANAGED SERVICES 101
7.3.2 PROFESSIONAL SERVICES 101
7.3.2.1 CONSULTING 101
7.3.2.2 IMPLEMENTATION AND ADVISORY 101
7.3.2.3 SUPPORT 102
8 EUROPE CORE BANKING SOLUTIONS MARKET, BY DEPLOYMENT MODEL 103
8.1 OVERVIEW 104
8.2 CLOUD 107
8.3 ON PREMISES 108
9 EUROPE CORE BANKING SOLUTIONS MARKET, BY ENTERPRISE SIZE 109
9.1 OVERVIEW 110
9.2 LARGE ENTERPRISES 113
9.2.1 CLOUD 114
9.2.2 ON PREMISES 114
9.3 SMALL AND MEDIUM ENTERPRISES (SMES) 114
9.3.1 CLOUD 114
9.3.2 ON-PREMISES 115
10 EUROPE CORE BANKING SOLUTIONS MARKET, BY CHANNEL 116
10.1 OVERVIEW 117
10.2 INTERNET BANKING 120
10.3 MOBILE BANKING 121
10.4 ATMS 121
10.5 BANK BRANCHES 122
10.6 OTHERS 122
11 EUROPE CORE BANKING SOLUTIONS MARKET, BY FUNCTION 123
11.1 OVERVIEW 124
11.2 CUSTOMER RELATIONSHIP MANAGEMENT 127
11.3 TRANSACTION PROCESSING 128
11.4 ACCOUNT MANAGEMENT 128
11.5 LOAN MANAGEMENT 129
11.6 RISK MANAGEMENT 129
11.7 PRODUCT MANAGEMENT 130
11.8 COMPLIANCE MANAGEMENT 130
11.9 REPORTING AND ANALYTICS 131
11.10 OTHERS 131
12 EUROPE CORE BANKING SOLUTIONS MARKET, BY END USER 132
12.1 OVERVIEW 133
12.2 BANKS 136
12.2.1 ONLINE AND NEOBANKS 137
12.2.2 RETAIL BANK 137
12.2.3 COMMERCIAL BANKS 137
12.2.4 INVESTMENT BANK 137
12.2.5 OTHERS 137
12.2.5.1 ENTERPRISE CUSTOMER SOLUTIONS 138
12.2.5.2 PAYMENTS AND WITHDRAWALS 138
12.2.5.3 TRANSFER 138
12.2.5.4 DEPOSITS 138
12.2.5.5 LOANS 138
12.2.5.6 MORTGAGES 138
12.2.5.7 CURRENCY EXCHANGE 138
12.2.5.8 OTHERS 138?
12.3 CREDIT UNIONS AND COMMUNITY BANKS 139
12.3.1 ENTERPRISE CUSTOMER SOLUTIONS 139
12.3.2 PAYMENTS AND WITHDRAWAL 140
12.3.3 TRANSFER 140
12.3.4 DEPOSITS 140
12.3.5 LOANS 140
12.3.6 MORTGAGES 140
12.3.7 CURRENCY EXCHANGE 140
12.3.8 OTHERS 140
12.3.8.1 LARGE ENTERPRISES 141
12.3.8.2 SMALL AND MEDIUM ENTERPRISES (SMES) 141
12.4 OTHER FINANCIAL INSTITUTIONS 141
13 EUROPE CORE BANKING SOLUTIONS MARKET, BY REGION 142
13.1 EUROPE 145
13.1.1 GERMANY 152
13.1.2 U.K. 158
13.1.3 FRANCE 164
13.1.4 ITALY 170
13.1.5 SPAIN 176
13.1.6 RUSSIA 182
13.1.7 POLAND 188
13.1.8 TURKEY 194
13.1.9 BELGIUM 200
13.1.10 NETHERLANDS 206
13.1.11 SWITZERLAND 212
13.1.12 SWEDEN 218
13.1.13 NORWAY 224
13.1.14 DENMARK 230
13.1.15 FINLAND 236
13.1.16 REST OF EUROPE 242
14 EUROPE CORE BANKING SOLUTIONS MARKET: COMPANY LANDSCAPE 243
14.1 COMPANY SHARE ANALYSIS: EUROPE 243
15 SWOT ANALYSIS 244?
16 COMPANY PROFILES 245
16.1 IBM 245
16.1.1 COMPANY SNAPSHOT 245
16.1.2 REVENUE ANALYSIS 245
16.1.3 COMPANY SHARE ANALYSIS 246
16.1.4 PRODUCT PORTFOLIO 246
16.1.5 RECENT DEVELOPMENT 247
16.2 ORACLE 248
16.2.1 COMPANY SNAPSHOT 248
16.2.2 REVENUE ANALYSIS 248
16.2.3 COMPANY SHARE ANALYSIS 249
16.2.4 PRODUCT PORTFOLIO 249
16.2.5 RECENT DEVELOPMENT 249
16.3 FINASTRA 250
16.3.1 COMPANY SNAPSHOT 250
16.3.2 PRODUCT PORTFOLIO 250
16.3.3 COMPANY SHARE ANALYSIS 251
16.3.4 RECENT DEVELOPMENT 251
16.4 TATA CONSULTANCY SERVICES LIMITED 252
16.4.1 COMPANY SNAPSHOT 252
16.4.2 REVENUE ANALYSIS 252
16.4.3 COMPANY SHARE ANALYSIS 253
16.4.4 PRODUCT PORTFOLIO 253
16.4.5 RECENT DEVELOPMENT 253
16.5 FISERV, INC. 255
16.5.1 COMPANY SNAPSHOT 255
16.5.2 REVENUE ANALYSIS 255
16.5.3 COMPANY SHARE ANALYSIS 256
16.5.4 PRODUCT PORTFOLIO 256
16.5.5 RECENT DEVELOPMENT 257
16.6 BACKBASE 258
16.6.1 COMPANY SNAPSHOT 258
16.6.2 PRODUCT PORTFOLIO 258
16.6.3 RECENT DEVELOPMENT 259
16.7 BRICKNODE 260
16.7.1 COMPANY SNAPSHOT 260
16.7.2 PRODUCT PORTFOLIO 260
16.7.3 RECENT DEVELOPMENT 260?
16.8 CAPITAL BANKING SOLUTIONS 261
16.8.1 COMPANY SNAPSHOT 261
16.8.2 PRODUCT PORTFOLIO 261
16.8.3 RECENT DEVELOPMENT 261
16.9 CAPGEMINI. (2023) 262
16.9.1 COMPANY SNAPSHOT 262
16.9.2 REVENUE ANALYSIS 262
16.9.3 PRODUCT PORTFOLIO 263
16.9.4 RECENT DEVELOPMENTS 263
16.10 CHETU INC 264
16.10.1 COMPANY SNAPSHOT 264
16.10.2 PRODUCT PORTFOLIO 264
16.10.3 RECENT DEVELOPMENT 264
16.11 FIS 265
16.11.1 COMPANY SNAPSHOT 265
16.11.2 REVENUE ANALYSIS 265
16.11.3 PRODUCT PORTFOLIO 266
16.11.4 RECENT DEVELOPMENT 266
16.12 FORBIS 267
16.12.1 COMPANY SNAPSHOT 267
16.12.2 PRODUCT PORTFOLIO 267
16.12.3 RECENT DEVELOPMENT 267
16.13 HCL TECHNOLOGIES LIMITED 268
16.13.1 COMPANY SNAPSHOT 268
16.13.2 REVENUE ANALYSIS 268
16.13.3 PRODUCT PORTFOLIO 269
16.13.4 RECENT DEVELOPMENT 269
16.14 INFOSYS LIMITED 270
16.14.1 COMPANY SNAPSHOT 270
16.14.2 REVENUE ANALYSIS 270
16.14.3 PRODUCT PORTFOLIO 271
16.14.4 RECENT DEVELOPMENT 271
16.15 JACK HENRY & ASSOCIATES, INC. 272
16.15.1 COMPANY SNAPSHOT 272
16.15.2 REVENUE ANALYSIS 272
16.15.3 PRODUCT PORTFOLIO 273
16.15.4 RECENT DEVELOPMENT 274?
16.16 JAYAM SOLUTIONS 275
16.16.1 COMPANY SNAPSHOT 275
16.16.2 PRODUCT PORTFOLIO 275
16.16.3 RECENT DEVELOPMENT 275
16.17 MAMBU 276
16.17.1 COMPANY SNAPSHOT 276
16.17.2 PRODUCT PORTFOLIO 276
16.17.3 RECENT DEVELOPMENTS 277
16.18 NCINO 278
16.18.1 COMPANY SNAPSHOT 278
16.18.2 REVENUE ANALYSIS 278
16.18.3 PRODUCT PORTFOLIO 279
16.18.4 RECENT DEVELOPMENTS 279
16.19 NCR VYOIX CORPORATION 280
16.19.1 COMPANY SNAPSHOT 280
16.19.2 REVENUE ANALYSIS 280
16.19.3 PRODUCT PORTFOLIO 281
16.19.4 RECENT DEVELOPMENT 281
16.20 NELITO SYSTEMS PVT. LTD. 282
16.20.1 COMPANY SNAPSHOT 282
16.20.2 PRODUCT PORTFOLIO 282
16.20.3 RECENT DEVELOPMENTS 283
16.21 SAP 284
16.21.1 COMPANY SNAPSHOT 284
16.21.2 REVENUE ANALYSIS 284
16.21.3 PRODUCT PORTFOLIO 285
16.21.4 RECENT DEVELOPMENT 285
16.22 TEMENOS HEADQUARTERS SA (2023) 286
16.22.1 COMPANY SNAPSHOT 286
16.22.2 REVENUE ANALYSIS 287
16.22.3 PRODUCT PORTFOLIO 287
16.22.4 RECENT DEVELOPMENTS 288
16.23 UNISYS 289
16.23.1 COMPANY SNAPSHOT 289
16.23.2 REVENUE ANALYSIS 289
16.23.3 PRODUCT PORTFOLIO 290
16.23.4 RECENT DEVELOPMENT 290
17 QUESTIONNAIRE 291
18 RELATED REPORTS 294
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