Profile, an international financial solutions provider, is proud to announce its inclusion in the Gartner® Magic Quadrant™ for Retail Core Banking Systems, Europe. This recognition highlights Profile’s commitment to delivering innovative core banking solutions that empower financial institutions worldwide.
Banking CIOs are prioritising core modernisation to enable decentralised and distributed applications. In response, core banking systems are evolving to enhance composability and cloud adoption. Gartner’s latest Magic Quadrant™ provides strategic insights to help bank CIOs identify the most suitable solutions for their digital transformation and business objectives.
Profile stands out with Finuevo as a value-for-money solution without compromising quality or functionality. Its product roadmap focuses on innovation, including the elimination of end-of-day batch processing for transactional activities and the enhancement of its product architecture through AI-driven, API-first, and microservices-based integration. Additionally, Finuevo’s open architecture enhances flexibility, supporting financial institutions of all sizes from universal banks to fintech start-ups.
“Being recognised in Gartner’s Magic Quadrant™ for Retail Core Banking Systems, Europe, is a testament to our dedication to delivering innovative, future-proof solutions tailored to the evolving needs of financial institutions,” said Profile CEO Evangelos Angelides. “This recognition places Profile Software among the top 10 European-based vendors and underscores our commitment to empowering financial institutions worldwide. We continue to enhance our Finuevo solution with a focus on API-driven architecture, microservices, and a composable approach, ensuring that banks remain agile and competitive in today’s rapidly changing financial landscape.”
The Gartner® Magic Quadrant™ provides CIOs with insights into the global core banking landscape, highlighting key trends, challenges, and opportunities. It offers strategic recommendations for navigating core banking transformation and driving innovation within financial institutions.
Gartner, Magic Quadrant™ for Retail Core Banking Systems, Europe, By Vittorio D’Orazio, Ali Merji, 29 January 2025.
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About Profile
Founded in 1990, Profile is a specialised software solutions provider with offices in key financial centres and a presence in more than 50 countries across Europe, the Middle East, Asia, Americas, and Africa, delivering market-proven solutions to the Investment Management and Banking industries. Profile is recognised as an established and trusted partner by international industry specific advisory firms. Profile’s solutions enable organisations to align their business and IT strategies, whilst providing the necessary business agility to proactively respond to the ever-changing market conditions.
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For more information, please contact: Profile – Marketing Dept: E: [email protected]
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