Profile Recognized in the Gartner® Magic Quadrant™ for Retail Core Banking Systems, Europe
Profile, a global financial technology leader serving financial institutions in more than 50 countries, today announced that it has been recognized in the Gartner® Magic Quadrant™ for Retail Core Banking Systems, Europe. The report covers Banking and Investment Services Technology Management and Financial Services Technology Management.
This recognition highlights Profile’s commitment to delivering innovative core banking solutions that empower financial institutions worldwide.
Core Banking Transformation
Banking CIOs are increasingly prioritizing core modernization to support decentralized and distributed applications. In response, core banking systems are evolving to enable greater composability and increased use of cloud technologies. Gartner’s 2025 Magic Quadrant™ provides insights to help bank CIOs identify solutions that best align with their business objectives and modernization priorities.
As financial institutions continue to modernize their technology infrastructures, the ability to combine flexible architecture, cloud capabilities and comprehensive banking functionality is becoming increasingly important when evaluating next-generation core banking platforms.
Finuevo: Supporting Modern Core Banking
Profile’s Finuevo provides financial institutions with a modern and flexible core banking platform designed to support evolving operational and business requirements.
Profile’s product roadmap focuses on continuous innovation, including initiatives aimed at eliminating end-of-day batch processing for transactional activities and further enhancing the platform’s architecture through APIs, microservices and advanced technologies.
Through Finuevo, Profile supports financial institutions in modernizing their core operations while maintaining the flexibility required to adapt to changing market needs and digital transformation priorities.
The Gartner® Magic Quadrant™ provides a graphical competitive positioning of technology and service providers within a specific market, evaluating vendors based on two key criteria: Ability to Execute and Completeness of Vision.
Access the report, exclusively available to Gartner’s clients, to gain insights into how Profile Software’s core banking solutions can effectively address the evolving needs of modern banking.
Gartner, Magic Quadrant™ for Retail Core Banking Systems, Europe, Vittorio D’Orazio, Ali Merji, 29 January 2025.
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