Vilja recognized as a “Functionality Standout” by Celent in the 2024 report Retail Banking Core Systems: Next-Generation Core Banking

Stockholm, January 20, the leading global market research company, Celent, has named Vilja as a Functionality Standout in the category – Small and Digital Banks and Specialty Institutions – in their newly published report: “Retail Banking Core Systems: Next-Generation Core Banking, 2024”. The report is authored by their principal analysts Daniel Mayo and Craig Focardi.

In this comprehensive 30-page report Celent evaluates 13 next-generation core banking vendors worldwide with Vilja being the only Nordic vendor included. The paper highlights the fundamental shift over the last five years, where next-generation core banking has become mainstream.

Celent has identified three next-gen market segments in the CBS landscape: Product Cores, Broad Cores and BaaS Platforms.

Vilja is acknowledged as a Broad Core, a category supporting digital direct banks, providing product capabilities, digital onboarding, and card payments as well as enablement for digital banking.

“We have recognized Vilja as a Functionality Standout in the category Small and Digital Banks for its broad digital core. It is an obvious choice for Nordic financial institutions and also worth considering in broader Europe and ASEAN market”. says Daniel Mayo, principal analyst at Celent.

“Being recognized as a Functionality Standout in such a globally respected report highlights the strength of the Vilja Platform. Our broad, digital core, modular design, and configurable solutions solidify our leadership in the Nordics, and we are now gaining strong traction globally,” says Fredrik Ulvenholm, CEO at Vilja.

Download the full report here.

For more information, please contact:

Fredrik Ulvenholm, CEO at Vilja, fredrik.ulvenholm@viljasolutions.com