Vilja Solutions is recognized in the 2024 Gartner® Market Guide for Core Banking Systems, Europe report

Vilja is recognized as a representative vendor, in their newly published report: Gartner Market Guide for Core Banking Systems, Europe 2024, authored by Vittorio D’Orazio and Don Free.

“Gartner defines a core banking system (CBS) as the financial institution’s back‐office software that performs real-time or end-of-day processing for deposits and loans. Apart from advancing the processing dates, representative capabilities include transaction posting, interest accrual/payment, service charge calculation and cash management (zero balance, target balance).”

The report identifies five key trends “1) Composable Technologies Enable Customizing Through Components, 2) Core Banking Moves Into the Cloud, 3) Architectural Standards Increase in Uptake and Go Beyond Internal Operational Agility, 4) Ecosystems Are More Than Just the Core, but They Are Linked to It and 5) Commoditization Increases as Business Functions Aren’t Differentiating.”

“We are delighted to be recognized in the Gartner Market Guide for Core Banking System in Europe 2024. We know the importance of a flexible, cloud-native banking platform with purpose-built APIs for delivering successful digital banking transformation projects. This reaffirms our leadership in the Nordic market and fuels our expansion into Europe and ASEAN” says Fredrik Ulvenholm, CEO at Vilja.

For more information, please contact:

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

Gartner, Market Guide for Core Banking Systems, Europe, By Vittorio D’Orazio, Don Free, 6 March 2024

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved.

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.