Core Banking Adoption Among the Global Top 100
Core Banking Adoption Among the Global Top 100

This report delves into the adoption of Core Banking by the Global Top 100 companies, both privately-held and publicly-traded, as ranked by size, including employee count and revenue metrics, such as those found in the Fortune 1000 and Global 2000 listings. We explore how these leading enterprises are leveraging Core Banking to pursue strategic goals and drive lasting benefits across various business functions.

The adoption of Core Banking within these top companies reveals significant investments in ERP Services and Operations technology, highlighting a broad and diverse approach. These organizations frequently partner with multiple vendors, integrating complementary ERP Services and Operations solutions to achieve their business objectives. This multi-vendor approach allows them to tailor ERP Services and Operations deployments that drive competitive advantages, operational efficiencies, and overall sustainability.

Our latest findings detail the software purchases related to Core Banking among these top 100 enterprises, their technology investments span a range of ERP Services and Operations tools and solutions, underscoring the complexity of ERP Services and Operations adoption at this level.

Core Banking Vendors Among the Global Top 100

Temenos currently holds a 33% market share in the Core Banking space, making it the leading provider among the Global Top 100, followed by Oracle, Fiserv, EdgeVerve, and nCino.

VendorsCore Banking AppsMarket Share
TemenosTemenos T2433%
OracleOracle Flexcube17%
FiservFinxact, Fiserv DNA Bank Platform, Fiserv Signature Bank Platform14%
EdgeVerveInfosys Finacle14%
nCinonCino Bank Operating System, nCino Commercial Banking8%
FinastraFinastra Misys Bankmaster, Finastra Misys FusionBanking Equation, Finastra Misys FusionBanking Midas5%
SAPSAP Core Banking3%
FIS GlobalAtelio by FIS, FIS Modern Banking Platform2%
Portfolio+Portfolio+ Core Banking1%
OhpenOhpen Core Banking Engine1%
Tata Consultancy ServicesTCS BaNCS1%
AccentureAccenture Alnova1%
Grand Total100%

The insights derived from our research will empower marketers, product managers, and IT professionals to better understand the adoption trends shaping the future of Core Banking. These trends can potentially lead to significant shifts within the competitive landscape, impacting strategies and market positioning for years to come.

By monitoring these top enterprises and their technology choices, we equip our clients with the knowledge needed to anticipate changes and stay ahead in the rapidly transforming world of enterprise software and ERP Services and Operations innovation.

Custom data cuts related to the Core Banking Market are available:

  • Top Core Banking Vendors, Market Size and Market Forecast 2023-2027
  • Core Banking Market By Vertical Market (21 Industry)
  • Core Banking Market By Country (USA + 45 countries)
  • Core Banking Market By Region (Americas, EMEA, APAC)
  • Core Banking Market By Customer Size (revenue, employee count, asset)
  • Core Banking Market By Channel (Direct vs Indirect)
  • Core Banking Market By Vendor or Product
    Buyer Intent: Companies Reading this Research Report
    ARTW Buyer Intent uncovers actionable customer signals, identifying software buyers actively reading this research report. Gain ongoing access to real-time prospects and uncover hidden opportunities. Companies Actively accessing this research report include:
    1. Netweb Technologies India, a India based Professional Services organization with 360 Employees
    2. Jade Software Corporation USA, a United States based Professional Services company with 10 Employees
    3. Apps Run the World, a United States based Professional Services organization with 33 Employees
    LogoCompanyIndustryEmployeesRevenueCountryEvaluated
    Netweb Technologies IndiaProfessional Services360$56MIndia2025-01-02
    SubscribeSubscribeProfessional Services10$1MUnited States2024-12-17
    SubscribeSubscribeProfessional Services33$3MUnited States2024-12-13
    SubscribeSubscribeOil, Gas and Chemicals5700$730MIndonesia2024-11-19
    SubscribeSubscribeProfessional Services20$2MUnited Kingdom2024-11-19

Global Top 100 adopting Core Banking

The influence of these top 100 organizations on the broader ERP Services and Operations market is profound, despite their representation of only a small segment of the digital transformations we track annually. These companies often serve as early adopters and trendsetters, shaping the future of ERP Services and Operations and driving innovations that impact the industry at large.

Our Buyer Insight Technographics Database provides a closer look at these major organizations, capturing the size and intricacy of their IT stacks, along with the frequency of their technology investments. This unique database reveals patterns in ERP Services and Operations adoption and highlights emerging trends, which are crucial for understanding the evolving landscape of Core Banking.

Our research team continuously tracks the adoption of various Core Banking, drawing on both publicly available information, such as press releases and case studies, and proprietary data sources. Each quarter, we update our records to reflect new ERP Services and Operations implementations, providing clients with current and relevant insights into market shifts.

Here are the Global Top 100 companies and their adoption of Core Banking

CustomerIndustryEmployeesRevenueCountryVendorCore Banking AppsWhen
Agricultural Bank of ChinaBanking and Financial Services473691$95.6BChinaTemenosTemenos T242008
Standard Bank / ICBCBanking and Financial Services380000$80.0BUnited KingdomSAPSAP Core Banking2008
CitiBanking and Financial Services229000$78.5BUnited StatesFiservFiserv Signature Bank Platform2018
CitigroupBanking and Financial Services229000$78.5BUnited StatesOracleOracle Flexcube2018
Wells Fargo BankBanking and Financial Services222544$82.6BUnited StatesFiservFiserv Signature Bank Platform2020
Bank of AmericaBanking and Financial Services212000$98.6BUnited StatesEdgeVerveInfosys Finacle2019
SantanderBanking and Financial Services211141$63.1BSpainTemenosTemenos T242021
ICICI BankBanking and Financial Services187765$19.3BIndiaEdgeVerveInfosys Finacle2016
HDFC BankBanking and Financial Services173222$14.5BIndiaOracleOracle Flexcube2009
Societe GeneraleBanking and Financial Services117000$42.4BFranceFinastraFinastra Misys FusionBanking Midas2012
SMBC GroupBanking and Financial Services110000$50.0BJapanTemenosTemenos T242006
Kotak Mahindra BankBanking and Financial Services103317$6.2BIndiaEdgeVerveInfosys Finacle2012
Toronto-Dominion BankBanking and Financial Services103257$39.6BCanadanCinonCino Bank Operating System2018
Punjab National BankBanking and Financial Services103144$5.2BIndiaEdgeVerveInfosys Finacle2019
BarclaysBanking and Financial Services92400$32.0BUnited KingdomnCinonCino Bank Operating System2020
SubscribeBanking and Financial Services91989$13.0BIndiaEdgeVerveInfosys Finacle2016
SubscribeBanking and Financial Services91398$56.3BCanadaTemenosTemenos T242016
SubscribeBanking and Financial Services89483$32.3BCanadaPortfolio+Portfolio+ Core Banking2018
SubscribeBanking and Financial Services89470$32.1BGermanyAccentureAccenture Alnova2015
SubscribeBanking and Financial Services84683$58.4BChinaTemenosTemenos T242008
SubscribeBanking and Financial Services80000$50.7BUnited StatesTemenosTemenos T242012
SubscribeBanking and Financial Services79099$16.2BUnited KingdomTemenosTemenos T242010
SubscribeBanking and Financial Services78823$23.8BFranceOracleOracle Flexcube2018
SubscribeBanking and Financial Services78122$7.3BIndiaEdgeVerveInfosys Finacle2014
SubscribeBanking and Financial Services77200$6.3BRussiaTemenosTemenos T242008
SubscribeBanking and Financial Services74735$11.0BIndonesiaTemenosTemenos T242022
SubscribeBanking and Financial Services70000$28.0BUnited StatesnCinonCino Bank Operating System2019
SubscribeBanking and Financial Services69702$1.4BIndiaOracleOracle Flexcube2024
SubscribeBanking and Financial Services61576$39.1BUnited KingdomTemenosTemenos T242012
SubscribeBanking and Financial Services60600$14.8BUnited KingdomTemenosTemenos T242010
SubscribeBanking and Financial Services60000$98.9BSouth AfricaTemenosTemenos T242017
SubscribeBanking and Financial Services60000$18.6BNetherlandsEdgeVerveInfosys Finacle2012
SubscribeBanking and Financial Services58329$26.0BChinaOracleOracle Flexcube2011
SubscribeBanking and Financial Services58253$8.0BChinaTemenosTemenos T242011
SubscribeBanking and Financial Services56000$14.8BCanadanCinonCino Commercial Banking2024
SubscribeBanking and Financial Services55767$24.2BCanadaTemenosTemenos T242016
SubscribeBanking and Financial Services53932$21.5BUnited StatesFiservFiserv DNA Bank Platform2020
SubscribeInsurance53000$57.1BUnited StatesFiservFiserv Signature Bank Platform2010
SubscribeBanking and Financial Services52420$18.4BJapanOracleOracle Flexcube2019
SubscribeBanking and Financial Services50000$14.9BIndiaEdgeVerveInfosys Finacle2020
SubscribeBanking and Financial Services48498$85.4BUnited StatesEdgeVerveInfosys Finacle2013
SubscribeBanking and Financial Services48074$17.3BCanadanCinonCino Bank Operating System2022
SubscribeBanking and Financial Services47000$20.5BNetherlandsOracleOracle Flexcube2021
SubscribeBanking and Financial Services46873$8.1BUkraineFinastraFinastra Misys Bankmaster2003
SubscribeBanking and Financial Services44705$10.5BAustriaTemenosTemenos T242016
SubscribeBanking and Financial Services41699$3.4BIndiaTata Consultancy ServicesTCS BaNCS2009
SubscribeBanking and Financial Services41368$2.3BUnited StatesFiservFinxact2022
SubscribeBanking and Financial Services40342$13.6BAustraliaTemenosTemenos T242015
SubscribeBanking and Financial Services40000$10.1BUnited KingdomOracleOracle Flexcube2011
SubscribeBanking and Financial Services39323$3.5BPhilippinesEdgeVerveInfosys Finacle2018
SubscribeBanking and Financial Services38499$14.1BAustraliaOracleOracle Flexcube2012
SubscribeBanking and Financial Services37946$9.3BBelgiumTemenosTemenos T242014
SubscribeBanking and Financial Services37422$3.9BHungaryOracleOracle Flexcube2018
SubscribeBanking and Financial Services36000$12.7BSingaporeEdgeVerveInfosys Finacle2018
SubscribeBanking and Financial Services35000$2.0BJapanOracleOracle Flexcube2009
SubscribeBanking and Financial Services34879$1.4BEthiopiaTemenosTemenos T242012
SubscribeBanking and Financial Services34500$7.0BFranceOracleOracle Flexcube2011
SubscribeBanking and Financial Services33632$4.4BMalaysiaTemenosTemenos T242010
SubscribeBanking and Financial Services33440$19.5BChinaOracleOracle Flexcube2010
SubscribeBanking and Financial Services33372$10.3BMexicoTemenosTemenos T242011
SubscribeBanking and Financial Services32800$12.3BGermanyTemenosTemenos T242011
SubscribeBanking and Financial Services32800$7.2BGermanySAPSAP Core Banking2020
SubscribeBanking and Financial Services31000$7.0BSingaporeTemenosTemenos T242014
SubscribeBanking and Financial Services30000$11.7BUnited Arab EmiratesEdgeVerveInfosys Finacle2018
SubscribeBanking and Financial Services28840$23.5BSwitzerlandTemenosTemenos T242012
SubscribeInsurance28000$13.9BSouth AfricaOracleOracle Flexcube2017
SubscribeProfessional Services27200$29.8BUnited StatesTemenosTemenos T242018
SubscribeBanking and Financial Services26714$13.8BUnited StatesnCinonCino Bank Operating System2021
SubscribeInsurance26000$60.3BUnited StatesFiservFiserv Signature Bank Platform2011
SubscribeBanking and Financial Services25954$63.6BSouth AfricaOracleOracle Flexcube2013
SubscribeBanking and Financial Services25601$6.3BPolandOracleOracle Flexcube2016
SubscribeBanking and Financial Services23493$2.7BVietnamFiservFiserv Signature Bank Platform2020
SubscribeBanking and Financial Services23000$6.8BUnited StatesFinastraFinastra Misys FusionBanking Midas2019
SubscribeBanking and Financial Services22731$9.9BAzerbaijanTemenosTemenos T242010
SubscribeBanking and Financial Services22210$9.4BUnited StatesnCinonCino Bank Operating System2021
SubscribeBanking and Financial Services21632$2.6BPakistanFinastraFinastra Misys FusionBanking Equation2018
SubscribeBanking and Financial Services20872$8.5BNetherlandsTemenosTemenos T242008
SubscribeBanking and Financial Services20771$4.2BEgyptOracleOracle Flexcube2016
SubscribeBanking and Financial Services20200$13.3BUnited StatesEdgeVerveInfosys Finacle2014
SubscribeBanking and Financial Services20000$7.5BAustraliaTemenosTemenos T242011
SubscribeBanking and Financial Services20000$13.6BUnited StatesFiservFiserv Signature Bank Platform2019
SubscribeInsurance19800$13.7BUnited StatesFiservFiserv Signature Bank Platform2017
SubscribeBanking and Financial Services19364$3.0BMalaysiaFinastraFinastra Misys FusionBanking Equation2010
SubscribeBanking and Financial Services19000$4.0BGermanySAPSAP Core Banking2004
SubscribeBanking and Financial Services18982$2.1BPhilippinesTemenosTemenos T242015
SubscribeBanking and Financial Services18500$17.2BNetherlandsOhpenOhpen Core Banking Engine2017
SubscribeBanking and Financial Services18214$8.0BUnited StatesnCinonCino Bank Operating System2023
SubscribeBanking and Financial Services18000$3.5BBelgiumTemenosTemenos T242008
SubscribeBanking and Financial Services18000$2.7BUnited StatesFiservFiserv Signature Bank Platform2017
SubscribeBanking and Financial Services18000$11.5BUnited StatesFiservFiserv Signature Bank Platform2015
SubscribeBanking and Financial Services17679$3.8BUnited StatesFIS GlobalFIS Modern Banking Platform2021
SubscribeBanking and Financial Services17333$10.4BUnited StatesFIS GlobalAtelio by FIS2024
SubscribeBanking and Financial Services17275$6.9BSwedenTemenosTemenos T242007
SubscribeBanking and Financial Services17047$2.1BIndiaEdgeVerveInfosys Finacle2010
SubscribeBanking and Financial Services16069$3.0BKazakhstanTemenosTemenos T242010
SubscribeBanking and Financial Services16000$5.0BUnited KingdomTemenosTemenos T242015
SubscribeBanking and Financial Services15715$8.8BUnited StatesFiservFiserv Signature Bank Platform2016
SubscribeBanking and Financial Services15643$2.1BVietnamTemenosTemenos T242018
SubscribeBanking and Financial Services15250$7.5BDominican RepublicFiservFiserv Signature Bank Platform2018
SubscribeBanking and Financial Services13800$15.5BUnited StatesFiservFiserv DNA Bank Platform2015

Source: APPS RUN THE WORLD, October 2024

Research Methodology

Each year our global team of researchers conduct an annual survey of thousands of enterprise software vendors by contacting them directly on their latest quarterly and annual revenues by country, functional area, and vertical market. We supplement their written responses with our own primary research to determine quarterly and yearly growth rates, In addition to customer wins to ascertain whether these are net new purchases or expansions of existing implementations.

Another dimension of our proactive research process is through continuous improvement of our customer database, which stores more than ten million software purchases and records on the enterprise software landscape of over 2 million organizations around the world.

The database provides customer insight and contextual information on what types of enterprise software systems and other relevant technologies are they running and their propensity to invest further with their current or new suppliers as part of their overall IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.

The result is a combination of supply-side data and demand-generation customer insight that allows our clients to better position themselves in anticipation of the next wave that will reshape the enterprise software marketplace for years to come.