Consolidated leader in digital banking services

GFT strengthens its leadership position in the 2024 edition of Quadrant’s SPARK Matrix Digital Banking Services
Man smiling while making a contactless payment with a smartphone, surrounded by a glowing pink light.
The image features a smiling man in a white shirt and glasses, standing in a modern indoor setting, making a contactless payment with a smartphone. A glowing pink light swirls around him, creating a dynamic and futuristic visual effect. The background is dark, with subtle lighting and reflections, emphasizing the man and the glowing light. This visual symbolizes modern, seamless, and innovative financial transactions, reflecting themes of advanced technology and convenience in core banking solutions.
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RESEARCH AND REPORT

SPARK Matrix:
Digital Banking Services, 2024

The digital banking landscape continues to innovate and transform, driven by trends such as AI, blockchain and cryptocurrencies, Open Banking, customer experience and advanced data analytics. The latest SPARK MATRIX™ report by Quadrant Knowledge Solutions includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook.

This research provides valuable insights for financial institutions to evaluate different vendors’ capabilities, competitive differentiation, and market position.

Download the SPARK Matrix Digital Banking Services, 2024

Key digital banking services capabilities analysed:

  • Support for Core-banking
  • Omnichannel Banking Experience
  • Banking Analytics
  • Customer Experience Services
  • Digital Onboarding
  • Payment Processing
  • Digital Lending and Mortgage
  • Wallets and Payments
  • Consultancy
STRATEGIC PERFORMANCE ASSESSMENT AND RANKING

A consolidated Technology Leader

KEY DIFFERENTIATORS OF GFT

Tailored Digital Banking Solutions

GFT offers digital banking assets and accelerators, particularly across platforms like Thought Machine and Mambu. These enhance customer experience and productivity through innovative tools and templates such as its core banking assessment and AI.DA marketplace.

High-Performance Computing (HPC)

GFT provides unlimited cloud-based computing capacity for complex calculations in capital markets, insurance, payments,  and Industrial IoT, ensuring operational agility and efficiency.

GFT Digital Banking Launcher (DBL)

A cloud-native solution for modern core banking functionalities, facilitating the transition from legacy systems to a modern multi-core banking environment. It achieves scalability, flexibility, and real-time processing. 

BankLiteX and BankStart Solutions

Unified development hub for collaboration across UI/UX, DevOps, and operational teams, offering business logic, workflow engines, smart contracts, and configuration management.

  

“GFT stands out in the global Digital Banking Services market owing to its differentiated offerings, such as a suite of assets and accelerators tailored for digital banking, particularly across platforms like Thought Machine and Mambu […] With its comprehensive functional capabilities, strong customer value proposition, and compelling ratings across customer impact and service excellence parameters, GFT has been recognised as a leader in the 2024 SPARK Matrix™: Digital Banking Services.”

VVVD Akhilesh
Analyst
Quadrant Knowledge Solutions
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Banking Services 2024 by Quadrant Knowledge Solutions

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