Crealogix Holding AG Named Top-Tier Software Vendor by APPS RUN THE WORLD in the APPS and CLOUD TOP 500 Market Report

Crealogix Holding AG Strengths, Domain Expertise, and Key Differentiators

Crealogix develops and implements innovative fintech solutions for the digital bank of tomorrow. Banks can use their solutions to react to evolving customer needs in the area of digitalisation, enabling them to hold their own in a very demanding and dynamic market and remain one step ahead of their competitors.

Crealogix Holding AG Recent Developments

In July 2023, CREALOGIX achieved a significant milestone with the successful market launch of its Funding Portal, which was implemented across seven development banks. This launch signifies a substantial advancement in the digitization of application channels within the public finance sector. By expanding its presence in this domain, CREALOGIX reaffirms its dedication to innovation and digitization within development banks and public administration.

In the 2020/2021 financial year, CREALOGIX significantly invested into the development of products for development banks based on state-of-the-art platform technology. This puts CREALOGIX in an ideal position to exploit further potential among the development banks in Europe in the future.

In September 2020, Crealogix partnered with IBM to help financial institutions better manage digitisation. As a result of the collaboration, CREALOGIX and IBM now offers new consulting services, as well tools to help banks implement and operate digital financial services. Backed by the IBM Cloud, CREALOGIX will deliver standardised SaaS solutions tailored to regulated requirements and help ensure that innovative technologies can be integrated into digital banking at any time, regardless of the provider, thanks to open interfaces. As a next step, CREALOGIX intends to join the Financial Services Cloud of IBM in order to integrate even better into customer’s IT and offer added value to seamless processes.

In August 2020, CREALOGIX launched Conversational Banking as SaaS solution to help drive customer loyalty. Conversational banking opens up a world of opportunities in wealth management and retail banking. Until now, communication between banks and customers has been ad hoc and used various formats. However, in everyday life, messaging systems such as WhatsApp have established themselves as important communication tools and have led to a change in the way we communicate. Conversational banking brings this behaviour to the world of interacting with banks; both the bank and customer can now make banking transactions anytime and anywhere. CREALOGIX Conversational provides banks with the necessary toolset, which comes equipped with high security, regulatory compliance and a wide range of integration options.

In April 2020, CREALOGIX Switzerland and Fairgate AG joined forces to provide comprehensive support to clubs and associations. Offering member administration and e-banking interfaces to the majority of Swiss banks: From the third quarter of 2020, Fairgate customers can access the financial module of the market leader in digital banking. Similarly, CREALOGIX Switzerland customers can now use the membership administration and invoicing/financial accounting modules available on Fairgate’s portal.

In January 2020, CREALOGIX Digital Learning became an independent company. With the founding of Swiss Learning Hub Ltd, CREALOGIX Group’s provider of educational platforms and sophisticated learning media creates the basis for national and international growth in the field of digital education and training. The new company remains 100% owned by the CREALOGIX Group.

Crealogix Holding AG Mergers and Acquisitions (M&A) Activities

In February 2024, Vencora successfully finalized the acquisition of CREALOGIX, obtaining a significant 99.07% stake in the company. This achievement represents the conclusion of Vencora's comprehensive public tender offer for all publicly held shares in CREALOGIX, valued at CHF 8.00 each. Additionally, Vencora executed a share purchase agreement with specific CREALOGIX shareholders as part of the acquisition process.

In November 2020, CREALOGIX Holding AG acquired the remaining 20 per cent of Stuttgart based CREALOGIX Advisory Holding GmbH (former: FS&S Holding GmbH). As the acquired equity capital belongs to an already fully consolidated subsidiary and as the transaction thus represents an acquisition of rights from an asset the acquirer already controlled, no revaluation of assets and liabilities was required.

In January 2019, CREALOGIX MBA Group Ltd., Winchester had been merged into CREALOGIX UK Ltd, Winchester.

On 4 July 2018, CREALOGIX Holding AG acquired remaining 80 per cent of Coburgbased Elaxy Business Solution&Services (BS&S). With the acquisition of BS&S, 100% of capital of Elaxy GmbH, Coburg, and Elaxy Business Solution Services Verwaltungs GmbH, Coburg, was acquired.

Crealogix Holding AG Customers in ARTW Customer Database

Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Crealogix Holding AG applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Crealogix Holding AG and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified CREALOGIX Conversational AI, CREALOGIX Funding Portal, CREALOGIX Lending Origination Hub customers.

Crealogix Holding AG Key Enterprise and Cloud Applications

CREALOGIX Conversational AI, CREALOGIX Funding Portal, CREALOGIX Lending Origination Hub

Crealogix Holding AG Revenues, $M:

Crealogix Holding AG Revenue Breakdown By Type, $M:

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Crealogix Holding AG Direct vs Indirect sales

Crealogix Holding AG Customers - Breakdown by Geo, Size, Vertical and Product

List of Verified Crealogix Holding AG Customers

No. of Crealogix Holding AG Customers: 550

No. of Crealogix Holding AG Enterprise Applications Customers: x

No. of Crealogix Holding AG Cloud Customers: x

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CREALOGIX has implemented projects for over 550 customers worldwide, ranging from comprehensive online banking and clever Robo Advisory to intuitive mobile-only solutions. This has allowed the Group to establish itself as an important international player in digital banking. In order to strengthen the company’s future viability further, the company will be set up for upcoming requirements in terms of expertise and product range with a transformation programme.

Some of their customers are Investitions- und Förderbank Niedersachsen (NBank), Hamburgische Investitions- und Förderbank (IFB HH), Investitions- und Strukturbank Rheinland-Pfalz (ISB), Investitionsbank des Landes Brandenburg (ILB), Investitionsbank Schleswig-Holstein (IB.SH) and Wirtschafts- und Infrastrukturbank Hessen (WIBank), with a partnership option for Bremer Aufbau-Bank (BAB), St.Galler Kantonalbank, Raisin, Helaba Landesbank, Societe Generale, Raiffeisen, Deutsche Kreditbank AG, Consorsbank, Hyposwiss Private Bank and many others.

Crealogix Holding AG Market Opportunities, M&A and Geo Expansions

In December 2022, Christophe Biollaz assumed the position of Chief Financial Officer (CFO) at CREALOGIX and joined the Management Board, succeeding Daniel Bader, who voluntarily departed after a transitional period. Biollaz, aged 54, commenced his role on February 1, 2023, and officially assumed the CFO position following the release of the half-year report on March 14, 2023. With over 20 years of CFO experience, including roles at international companies like MCH Group and Saint-Gobain Switzerland, Biollaz brings extensive expertise in Corporate Finance, Mergers & Acquisitions, Global Corporate Management, and leadership of international transformation projects.

Companies often no longer procure software by purchasing traditional perpetual licenses, but instead rent it. The demand for such rental/SaaS models is also on the increase in the banking industry. CREALOGIX is meeting this demand – especially in Switzerland and Germany – and is working with its customers to accelerate the switch to a SaaS model. The 100% takeover of ELAXY Business Solution&Services (BS&S) enabled CREALOGIX to offer SaaS services for its products to its customers in Germany and internationally.

In September 2020, CREALOGIX won a Europe-wide tender to develop a portal solution for a consortium of seven state development finance institutions. The contract is for the implementation, maintenance and optimization of the software solution sought by the consortium members for their innovative common customer portal.

In October 2019, Crealogix opened its new office in Riyadh, Saudi Arabia. The Riyadh office will be headed by Jamal M. Habahbeh, an expert in technology transformation with over 28 years of experience. CREALOGIX is already working with a number of leading financial institutions in the Kingdom of Saudi Arabia. The Riyadh office serves as a catalyst for future growth and success in the Middle East and Africa. It also represents another important step in CREALOGIX’s global growth after its expansion in Asia Pacific with the opening of the Singapore office in 2017.

Crealogix Holding AG Risks and Challenges

The Group operates internationally and is consequently exposed to foreign exchange risks arising from fluctuations in the exchange rates of various foreign currencies, primarily the Euro. Furthermore, The Group is subject to risks arising from fluctuations in the market prices of securities (recognised at fair value through profit or loss).

Oliver Weber has been appointed CEO of the CREALOGIX Group as of 1 January 2020. In his new role, Weber will continue to drive the transformation process to become the leading global SaaS digital banking software provider and consistently implement the strategy for profitable growth. Changes in leadership could shake up the company's growth and strategy.

Crealogix Holding AG Ecosystem, Partners, Resellers and SI

Crealogix maintains a diverse network of Implementation, Technology, Solution, and Development partners, which includes renowned entities such as Adesso, Avaloq, Bexio, Cnlab, DSwiss, Factset, IBM, Oracle, Ubitec, Temenos, and numerous others. This extensive ecosystem of partnerships plays a pivotal role in enriching Crealogix's offerings and extending its influence within the industry.

So that CREALOGIX products can be implemented seamlessly at customers around the world, CREALOGIX is building a comprehensive partner ecosystem. It is made up of companies that have specialized, for example, in the implementation of software solutions or new technologies. This go-to-market approach is already taking effect in the Asia-Pacific region, where implementation partners are responsible for the complete deployment of customer projects. Thanks to the work with strategic partners, CREALOGIX is able to concentrate on its core business, which is the development and sale of digital banking software products and, in particular, to place a greater focus on selling its solutions into specific segments.

Crealogix Holding AG Cloud Infrastructure Insights

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Research Methodology

Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.

Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).

For additional information on our methodologies, here's the link: