About GFT
Analyst recognitions
Recognised leadership in digital banking

Recognised leadership in digital banking

GFT positioned as a Leader in the 2023 SPARK Matrix™ for Digital Banking Services by Quadrant Knowledge Solutions

A close-up image of a hand using a mobile device to make a contactless payment, symbolised by an abstract neon loop representing connectivity and digital flow. — The image illustrates a digital payment transaction made with a mobile device, highlighting the ease and convenience of modern financial technology. The neon loop overlay symbolises the seamless connectivity and efficiency of digital banking services, reflecting GFT's innovative solutions in the financial sector. Featured on the GFT website to represent leadership in digital banking services.

Research and Report

SPARK Matrix™:
Digital Banking Services, 2023

This study provides a competition analysis and ranking of the leading digital banking services vendors in the form of the SPARK Matrix™. It provides strategic information for users to evaluate different digital banking services vendors’ capabilities, competitive differentiation, and market position.

Download the SPARK Matrix Digital Banking Services, 2023

strategic performance assessment and ranking

An established technology leader

SPARK Matrix™ 2023 quadrant chart showing GFT as a Technology Leader in Digital Banking Services alongside other industry leaders, evaluating customer impact and service excellence. — The SPARK Matrix™ 2023 report places GFT as a Technology Leader in Digital Banking Services, demonstrating strong customer impact and service excellence. This quadrant chart by Quadrant Knowledge Solutions highlights GFT's leadership position among other major players in the digital banking sector. Featured on the GFT website to underscore its market dominance in Q3 2023.

GFT strenghts in digital banking

Cloud-native assets

GFT’s Digital banking launcher (DBL) is a cloud-native asset to enable the modern core-banking capability. DBL provides all the building blocks needed to deliver digital channels, as well as the banking platforms to support the integration of the fintech ecosystem. It enables a rapid transition from a legacy to a modern multi-core banking environment and achieves scalability, flexibility, and real-time processing. DBL accelerates the transformation by providing a new core banking platform via the cloud achieved by leveraging microservices, open APIs, and easy integration with third-party fintech solutions. DBL is embedded in GFT’s flagship solutions BankLiteX and BankStart.

AI and Data Analytics services

GFT’s Technology and Artificial intelligence implementation services support banks in replacing outdated platforms with more up-to-date ones, enhancing system integration, increasing overall operational effectiveness, and helping banks implement cloud computing technologies and make their IT infrastructure more efficient. Additionally, it includes predictive analytics and AI-driven chatbots and helps banks leverage data analytics and AI technologies to gain insights, enhance risk management, and improve customer engagement.

Breadth of reach and expertise

Key competitive differentiators include strategic partnerships developed with AWS, Thought Machine, and Mambu. GFT has its major presence in Europe, followed by APAC, North America, and South America. It supports multiple use cases, such as layered architecture, digital transformation, core insurance, and digital onboarding, that supports local requirements and developments for the quick development of digital solutions for new and niche markets.

“GFT stands out in the global Digital Banking Services market owing to its differentiated offerings, such as a cloud-native digital banking launcher (DBL) for rapid digital transformation, High-Performance Computing (HPC) engine to perform complex analysis, and strategic partnerships developed with AWS, Thought Machine, and Mambu.”

VVVD Akhilesh

Analyst

Quadrant Knowledge Solutions