ERI Bancaire Strengths, Domain Expertise, and Key Differentiators
ERI Bancaire has staff members with international experience, in both banking and information systems. ERI is able to provide a wide range of services that are the key to success for OLYMPIC Banking System implementation - an integrated and real-time banking and asset management software solution. Their OLYMPIC Banking System has proven technology, an integrated solution covering all Private Wealth and multiple hardware platforms with fully integrated modules and a single database with no redundancy.
ERI Bancaire Recent Developments
In February 2021, Jamaica Co-operative Credit Union League (JCCUL), the national trade association for the credit unions of Jamaica, established in Kingston, has selected the OLYMPIC Banking System to facilitate the provision of financial services to credit unions for the benefit of their members, as well as the delivery of investment services to a growing clientele.
In June 2020, ERI Bancaire, adopted IBM public cloud to host its OLYMPIC Banking System’s platform to extend its offering as a Software as a Service (SaaS) model. Users of Olympic will get a browser-based core-banking system, which also will give them access to further technologies.
ERI Bancaire Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying ERI Bancaire 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 ERI Bancaire 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 ERI OLYMPIC Banking System customers.
ERI Bancaire Overview
Ownership: - x
Number of Employees: 530
Functional Markets: ERP Services and Operations,
Key Verticals: Banking and Financial Services,
ERI Bancaire Key Enterprise and Cloud Applications
ERI OLYMPIC Banking System
ERI Bancaire Revenues, $M:
| Type/Year | 2019 | 2020 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
ERI Bancaire Revenue Breakdown By Type, $M:
| Type | License | Prof. Services | Hardware | Support & Maintenance | SaaS | PaaS | IaaS | Other (Non Enterprise Application Revenues) | Total |
|---|---|---|---|---|---|---|---|---|---|
| % of Total Revenues | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | 100% |
| Revenues, $M | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe | Subscribe |
ERI Bancaire Enterprise Applications Revenues By Functional Markets, $M:
ERI Bancaire Enterprise Applications Revenues By Verticals, $M:
ERI Bancaire Revenues By Region, $M
| Region | % of Total Revenues | 2020 Total Revenues, $M | 2020 Enterprise Applications Revenues, $M | 2020 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
ERI Bancaire Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
ERI Bancaire Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified ERI Bancaire Customers
No. of ERI Bancaire Customers: 400
No. of ERI Bancaire Enterprise Applications Customers: 400
No. of ERI Bancaire Cloud Customers: x
No. of ERI Bancaire Cloud Subscribers: x
The Olympic Banking System has been chosen by over 400 banks and financial institutions, across over 60 countries. The users in its home country are mostly to be found among the private banks. Among ERI Bancaire customers are Bank Frick, AP Anlage & Privatbank, Central Bank of Djibouti, Central Bank of Morocco, Turicum Private Bank, SG Hambros Bank, Centrale Bank van Suriname, Nepal Rastra Bank, Centrum Bank, Julius Baer, BNP Paribas Private Bank, and many others.
ERI Bancaire Market Opportunities, M&A and Geo Expansions
Moving the solution from on premise to the cloud will enable its private banking customers to keep costs low by better aligning infrastructure size with actual and changing demand, maintain availability, and help meet the regulatory obligations for security and compliance of the financial services industry.
ERI Bancaire Risks and Challenges
Gaining a new customer base may be difficult, since replacing an old Core Banking System is rather complicated.
ERI Bancaire Ecosystem, Partners, Resellers and SI
ERI does most of its sales via its direct sales force. In addition, ERI relies on Technology Partners (IBM, Oracle), Solution Partners (Bottomline Technologies, IMPAQ, IMTF, KOBIL, SIX Financial Information, StatPro, Wolters Kluwer Financial Services) and Business Partners (SOFGEN, TIM Corp, Unione Fiduciaria S.p.A.) The close cooperation between ERI Bancaire and its clients and partners ensures that the solutions are in line with market needs.
ERI Bancaire Cloud Infrastructure Insights
Subscribe to read more about:
- ERI Bancaire Public Cloud and Infrastructure (IaaS)
- ERI Bancaire Platform (PaaS)
- ERI Bancaire Application Delivery
- ERI Bancaire Private Cloud and Data Centers
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:
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