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.
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 ProductBuyer Intent: Companies Reading this Research ReportARTW 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:
- Netweb Technologies India, a India based Professional Services organization with 360 Employees
- Jade Software Corporation USA, a United States based Professional Services company with 10 Employees
- Apps Run the World, a United States based Professional Services organization with 33 Employees
Logo Company Industry Employees Revenue Country Evaluated Netweb Technologies India Professional Services 360 $56M India 2025-01-02 Subscribe Subscribe Professional Services 10 $1M United States 2024-12-17 Subscribe Subscribe Professional Services 33 $3M United States 2024-12-13 Subscribe Subscribe Oil, Gas and Chemicals 5700 $730M Indonesia 2024-11-19 Subscribe Subscribe Professional Services 20 $2M United Kingdom 2024-11-19
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
Customer | Industry | Employees | Revenue | Country | Vendor | Core Banking Apps | When |
---|---|---|---|---|---|---|---|
Agricultural Bank of China | Banking and Financial Services | 473691 | $95.6B | China | Temenos | Temenos T24 | 2008 |
Standard Bank / ICBC | Banking and Financial Services | 380000 | $80.0B | United Kingdom | SAP | SAP Core Banking | 2008 |
Citi | Banking and Financial Services | 229000 | $78.5B | United States | Fiserv | Fiserv Signature Bank Platform | 2018 |
Citigroup | Banking and Financial Services | 229000 | $78.5B | United States | Oracle | Oracle Flexcube | 2018 |
Wells Fargo Bank | Banking and Financial Services | 222544 | $82.6B | United States | Fiserv | Fiserv Signature Bank Platform | 2020 |
Bank of America | Banking and Financial Services | 212000 | $98.6B | United States | EdgeVerve | Infosys Finacle | 2019 |
Santander | Banking and Financial Services | 211141 | $63.1B | Spain | Temenos | Temenos T24 | 2021 |
ICICI Bank | Banking and Financial Services | 187765 | $19.3B | India | EdgeVerve | Infosys Finacle | 2016 |
HDFC Bank | Banking and Financial Services | 173222 | $14.5B | India | Oracle | Oracle Flexcube | 2009 |
Societe Generale | Banking and Financial Services | 117000 | $42.4B | France | Finastra | Finastra Misys FusionBanking Midas | 2012 |
SMBC Group | Banking and Financial Services | 110000 | $50.0B | Japan | Temenos | Temenos T24 | 2006 |
Kotak Mahindra Bank | Banking and Financial Services | 103317 | $6.2B | India | EdgeVerve | Infosys Finacle | 2012 |
Toronto-Dominion Bank | Banking and Financial Services | 103257 | $39.6B | Canada | nCino | nCino Bank Operating System | 2018 |
Punjab National Bank | Banking and Financial Services | 103144 | $5.2B | India | EdgeVerve | Infosys Finacle | 2019 |
Barclays | Banking and Financial Services | 92400 | $32.0B | United Kingdom | nCino | nCino Bank Operating System | 2020 |
Subscribe | Banking and Financial Services | 91989 | $13.0B | India | EdgeVerve | Infosys Finacle | 2016 |
Subscribe | Banking and Financial Services | 91398 | $56.3B | Canada | Temenos | Temenos T24 | 2016 |
Subscribe | Banking and Financial Services | 89483 | $32.3B | Canada | Portfolio+ | Portfolio+ Core Banking | 2018 |
Subscribe | Banking and Financial Services | 89470 | $32.1B | Germany | Accenture | Accenture Alnova | 2015 |
Subscribe | Banking and Financial Services | 84683 | $58.4B | China | Temenos | Temenos T24 | 2008 |
Subscribe | Banking and Financial Services | 80000 | $50.7B | United States | Temenos | Temenos T24 | 2012 |
Subscribe | Banking and Financial Services | 79099 | $16.2B | United Kingdom | Temenos | Temenos T24 | 2010 |
Subscribe | Banking and Financial Services | 78823 | $23.8B | France | Oracle | Oracle Flexcube | 2018 |
Subscribe | Banking and Financial Services | 78122 | $7.3B | India | EdgeVerve | Infosys Finacle | 2014 |
Subscribe | Banking and Financial Services | 77200 | $6.3B | Russia | Temenos | Temenos T24 | 2008 |
Subscribe | Banking and Financial Services | 74735 | $11.0B | Indonesia | Temenos | Temenos T24 | 2022 |
Subscribe | Banking and Financial Services | 70000 | $28.0B | United States | nCino | nCino Bank Operating System | 2019 |
Subscribe | Banking and Financial Services | 69702 | $1.4B | India | Oracle | Oracle Flexcube | 2024 |
Subscribe | Banking and Financial Services | 61576 | $39.1B | United Kingdom | Temenos | Temenos T24 | 2012 |
Subscribe | Banking and Financial Services | 60600 | $14.8B | United Kingdom | Temenos | Temenos T24 | 2010 |
Subscribe | Banking and Financial Services | 60000 | $98.9B | South Africa | Temenos | Temenos T24 | 2017 |
Subscribe | Banking and Financial Services | 60000 | $18.6B | Netherlands | EdgeVerve | Infosys Finacle | 2012 |
Subscribe | Banking and Financial Services | 58329 | $26.0B | China | Oracle | Oracle Flexcube | 2011 |
Subscribe | Banking and Financial Services | 58253 | $8.0B | China | Temenos | Temenos T24 | 2011 |
Subscribe | Banking and Financial Services | 56000 | $14.8B | Canada | nCino | nCino Commercial Banking | 2024 |
Subscribe | Banking and Financial Services | 55767 | $24.2B | Canada | Temenos | Temenos T24 | 2016 |
Subscribe | Banking and Financial Services | 53932 | $21.5B | United States | Fiserv | Fiserv DNA Bank Platform | 2020 |
Subscribe | Insurance | 53000 | $57.1B | United States | Fiserv | Fiserv Signature Bank Platform | 2010 |
Subscribe | Banking and Financial Services | 52420 | $18.4B | Japan | Oracle | Oracle Flexcube | 2019 |
Subscribe | Banking and Financial Services | 50000 | $14.9B | India | EdgeVerve | Infosys Finacle | 2020 |
Subscribe | Banking and Financial Services | 48498 | $85.4B | United States | EdgeVerve | Infosys Finacle | 2013 |
Subscribe | Banking and Financial Services | 48074 | $17.3B | Canada | nCino | nCino Bank Operating System | 2022 |
Subscribe | Banking and Financial Services | 47000 | $20.5B | Netherlands | Oracle | Oracle Flexcube | 2021 |
Subscribe | Banking and Financial Services | 46873 | $8.1B | Ukraine | Finastra | Finastra Misys Bankmaster | 2003 |
Subscribe | Banking and Financial Services | 44705 | $10.5B | Austria | Temenos | Temenos T24 | 2016 |
Subscribe | Banking and Financial Services | 41699 | $3.4B | India | Tata Consultancy Services | TCS BaNCS | 2009 |
Subscribe | Banking and Financial Services | 41368 | $2.3B | United States | Fiserv | Finxact | 2022 |
Subscribe | Banking and Financial Services | 40342 | $13.6B | Australia | Temenos | Temenos T24 | 2015 |
Subscribe | Banking and Financial Services | 40000 | $10.1B | United Kingdom | Oracle | Oracle Flexcube | 2011 |
Subscribe | Banking and Financial Services | 39323 | $3.5B | Philippines | EdgeVerve | Infosys Finacle | 2018 |
Subscribe | Banking and Financial Services | 38499 | $14.1B | Australia | Oracle | Oracle Flexcube | 2012 |
Subscribe | Banking and Financial Services | 37946 | $9.3B | Belgium | Temenos | Temenos T24 | 2014 |
Subscribe | Banking and Financial Services | 37422 | $3.9B | Hungary | Oracle | Oracle Flexcube | 2018 |
Subscribe | Banking and Financial Services | 36000 | $12.7B | Singapore | EdgeVerve | Infosys Finacle | 2018 |
Subscribe | Banking and Financial Services | 35000 | $2.0B | Japan | Oracle | Oracle Flexcube | 2009 |
Subscribe | Banking and Financial Services | 34879 | $1.4B | Ethiopia | Temenos | Temenos T24 | 2012 |
Subscribe | Banking and Financial Services | 34500 | $7.0B | France | Oracle | Oracle Flexcube | 2011 |
Subscribe | Banking and Financial Services | 33632 | $4.4B | Malaysia | Temenos | Temenos T24 | 2010 |
Subscribe | Banking and Financial Services | 33440 | $19.5B | China | Oracle | Oracle Flexcube | 2010 |
Subscribe | Banking and Financial Services | 33372 | $10.3B | Mexico | Temenos | Temenos T24 | 2011 |
Subscribe | Banking and Financial Services | 32800 | $12.3B | Germany | Temenos | Temenos T24 | 2011 |
Subscribe | Banking and Financial Services | 32800 | $7.2B | Germany | SAP | SAP Core Banking | 2020 |
Subscribe | Banking and Financial Services | 31000 | $7.0B | Singapore | Temenos | Temenos T24 | 2014 |
Subscribe | Banking and Financial Services | 30000 | $11.7B | United Arab Emirates | EdgeVerve | Infosys Finacle | 2018 |
Subscribe | Banking and Financial Services | 28840 | $23.5B | Switzerland | Temenos | Temenos T24 | 2012 |
Subscribe | Insurance | 28000 | $13.9B | South Africa | Oracle | Oracle Flexcube | 2017 |
Subscribe | Professional Services | 27200 | $29.8B | United States | Temenos | Temenos T24 | 2018 |
Subscribe | Banking and Financial Services | 26714 | $13.8B | United States | nCino | nCino Bank Operating System | 2021 |
Subscribe | Insurance | 26000 | $60.3B | United States | Fiserv | Fiserv Signature Bank Platform | 2011 |
Subscribe | Banking and Financial Services | 25954 | $63.6B | South Africa | Oracle | Oracle Flexcube | 2013 |
Subscribe | Banking and Financial Services | 25601 | $6.3B | Poland | Oracle | Oracle Flexcube | 2016 |
Subscribe | Banking and Financial Services | 23493 | $2.7B | Vietnam | Fiserv | Fiserv Signature Bank Platform | 2020 |
Subscribe | Banking and Financial Services | 23000 | $6.8B | United States | Finastra | Finastra Misys FusionBanking Midas | 2019 |
Subscribe | Banking and Financial Services | 22731 | $9.9B | Azerbaijan | Temenos | Temenos T24 | 2010 |
Subscribe | Banking and Financial Services | 22210 | $9.4B | United States | nCino | nCino Bank Operating System | 2021 |
Subscribe | Banking and Financial Services | 21632 | $2.6B | Pakistan | Finastra | Finastra Misys FusionBanking Equation | 2018 |
Subscribe | Banking and Financial Services | 20872 | $8.5B | Netherlands | Temenos | Temenos T24 | 2008 |
Subscribe | Banking and Financial Services | 20771 | $4.2B | Egypt | Oracle | Oracle Flexcube | 2016 |
Subscribe | Banking and Financial Services | 20200 | $13.3B | United States | EdgeVerve | Infosys Finacle | 2014 |
Subscribe | Banking and Financial Services | 20000 | $7.5B | Australia | Temenos | Temenos T24 | 2011 |
Subscribe | Banking and Financial Services | 20000 | $13.6B | United States | Fiserv | Fiserv Signature Bank Platform | 2019 |
Subscribe | Insurance | 19800 | $13.7B | United States | Fiserv | Fiserv Signature Bank Platform | 2017 |
Subscribe | Banking and Financial Services | 19364 | $3.0B | Malaysia | Finastra | Finastra Misys FusionBanking Equation | 2010 |
Subscribe | Banking and Financial Services | 19000 | $4.0B | Germany | SAP | SAP Core Banking | 2004 |
Subscribe | Banking and Financial Services | 18982 | $2.1B | Philippines | Temenos | Temenos T24 | 2015 |
Subscribe | Banking and Financial Services | 18500 | $17.2B | Netherlands | Ohpen | Ohpen Core Banking Engine | 2017 |
Subscribe | Banking and Financial Services | 18214 | $8.0B | United States | nCino | nCino Bank Operating System | 2023 |
Subscribe | Banking and Financial Services | 18000 | $3.5B | Belgium | Temenos | Temenos T24 | 2008 |
Subscribe | Banking and Financial Services | 18000 | $2.7B | United States | Fiserv | Fiserv Signature Bank Platform | 2017 |
Subscribe | Banking and Financial Services | 18000 | $11.5B | United States | Fiserv | Fiserv Signature Bank Platform | 2015 |
Subscribe | Banking and Financial Services | 17679 | $3.8B | United States | FIS Global | FIS Modern Banking Platform | 2021 |
Subscribe | Banking and Financial Services | 17333 | $10.4B | United States | FIS Global | Atelio by FIS | 2024 |
Subscribe | Banking and Financial Services | 17275 | $6.9B | Sweden | Temenos | Temenos T24 | 2007 |
Subscribe | Banking and Financial Services | 17047 | $2.1B | India | EdgeVerve | Infosys Finacle | 2010 |
Subscribe | Banking and Financial Services | 16069 | $3.0B | Kazakhstan | Temenos | Temenos T24 | 2010 |
Subscribe | Banking and Financial Services | 16000 | $5.0B | United Kingdom | Temenos | Temenos T24 | 2015 |
Subscribe | Banking and Financial Services | 15715 | $8.8B | United States | Fiserv | Fiserv Signature Bank Platform | 2016 |
Subscribe | Banking and Financial Services | 15643 | $2.1B | Vietnam | Temenos | Temenos T24 | 2018 |
Subscribe | Banking and Financial Services | 15250 | $7.5B | Dominican Republic | Fiserv | Fiserv Signature Bank Platform | 2018 |
Subscribe | Banking and Financial Services | 13800 | $15.5B | United States | Fiserv | Fiserv DNA Bank Platform | 2015 |
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.