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Infosys receives highest product score in 'Gartner Critical Capabilities for International Retail Core Banking' Report

| | May 30, 2015, at 12:00 am
Bangalore, May 29 (IBNS): Infosys, a leader in consulting, technology, outsourcing and next- generation services, on Friday announced that following the evaluation of its Finacle offering, Gartner Inc., a leading provider of research and analysis on the global information technology industry, has given Infosys the highest score for all six use cases in the Gartner Critical Capabilities for International Retail Core Banking1 assessment.

The report evaluated 20 leading core banking companies for each of the use cases defined by Gartner.

The six use cases defined by Gartner are: Small Bank/Simple Use Case, Small Bank/Complex Use Case, Mid-size Bank/Simple Use Case, Mid-size Bank/Complex Use Case, Large Bank/Complex Use Case, and Worldwide Multinational Deployment Use Case.

Out of the 20 companies reviewed, Infosys is the only vendor that has received a product score above four (out of five) in Midsize Bank/Complex Use Case and Large Bank/Complex Use Case.

According to Gartner, this research examined seven critical capabilities that differentiate core banking products in various use cases: Component-Based Architecture, Internationality, Interoperability, Universal Functionality, Small Bank Segment Experience, Midsize Bank Segment Experience, and Large Bank Segment Experience. This Critical Capabilities document outlines major use cases for core banking systems and the differentiating capabilities that can bring greater focus to the early phases of core banking vendor and product selection.
 

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