Celent Recognizes Oracle for Excellence in Digital Banking Platforms
Rhea-AI Summary
Oracle (NYSE:ORCL) has received significant recognition from Celent, a leading financial technology research firm, across six digital banking platform evaluations. The company earned the prestigious "Luminary" designation in Corporate Digital Banking for both North America and EMEA/LATAM/APAC regions. Additionally, Oracle won XCelent Awards for "Breadth of Functionality" in four categories covering Retail and Small Business Banking platforms.
Celent highlighted Oracle Banking Digital Experience's scalable corporate banking solution, praising its broad functionality, multichannel access, and open ecosystem tools. The company was particularly commended for its strong client base across Tier 1 to 4 banks in North America, EMEA, and APAC regions.
["Recognition as a 'Luminary' in Corporate Digital Banking across multiple regions", "XCelent Awards for 'Breadth of Functionality' in four categories", "Strong presence across Tier 1 to 4 bank clients globally", "Praised for scalable solutions and broad functionality"]Positive
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Oracle Financial Services named a Celent "Luminary" in Corporate Digital Banking and wins multiple XCelent Awards in the firms Retail and SMB digital banking evaluations
Celent, a leading research and advisory firm focused on technology for financial institutions, assessed multiple vendors across geographies and lines of business. Oracle earned the "Luminary" designation in both of Celent's Corporate Digital Banking reports and received the XCelent Award for "Breadth of Functionality" in four additional digital banking evaluations focused on Retail and Small Business Banking.
"Oracle Banking Digital Experience delivers a scalable corporate banking solution with broad functionality, multichannel access, and open ecosystem tools to meet evolving business needs," wrote Patricia Hines, director, Celent, in the Corporate Digital Banking –
Oracle was named a Luminary in:
- Corporate Digital Banking Platforms – EMEA, LATAM, and APAC Solutions; and
- Corporate Digital Banking Platforms – North America Solutions
Oracle was also noted as an XCelent Award Winner for Breadth of Functionality in:
- Retail Digital Banking Platforms – Asia-Pacific Edition
- Retail Digital Banking Platforms –
Europe ,Middle East , and Africa Edition - Small Business Digital Banking Platforms:
Europe ,Middle East , Africa Edition - Small Business Digital Banking Platforms: North America Edition Solutions for Mid-sized to Large Banks
"Being recognized again by Celent as a leader in several categories reaffirms Oracle's esteemed position in the financial services industry," said Sonny Singh, executive vice president and general manager, Oracle Financial Services. "We are committed to delivering AI-powered, cloud-native solutions to help our customers to modernize their operations, improve customer experiences, and innovate at scale, so they can stay ahead in an increasingly dynamic market."
To learn more about Oracle corporate and retail banking solutions, visit: https://www.oracle.com/financial-services/banking/. To access the Celent reports visit: https://www.oracle.com/financial-services/banking/celent-reports/.
About Oracle Financial Services
Oracle Financial Services provides solutions for retail banking, corporate banking, payments, asset management, life insurance, annuities, and healthcare payers. With our comprehensive set of integrated digital and data platforms, banks and insurers are empowered to deliver next-generation financial services. We enable customer-centric transformation, support collaborative innovation, and drive efficiency. Our data and analytical platforms help financial institutions drive customer insight, integrate risk and finance, fight financial crime, and comply with regulations. To learn more, visit our website at https://www.oracle.com/financial-services.
About Oracle
Oracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at www.oracle.com.
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SOURCE Oracle