Celent Recognizes Oracle for Excellence in Digital Banking Platforms

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 has recognized Oracle Financial Services across six of its recently published research reports evaluating global digital banking platforms for corporate, retail, and SMB banking. The recognition underscores Oracle’s continued leadership and innovation in delivering scalable, secure, and feature-rich digital banking solutions to financial institutions worldwide.

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 – North America report. “The solution scored highly for the breadth of functionality across its feature set, including the integration of technology and leveraging an open ecosystem. Oracle also scored highly for client base and service, with a large number of Tier 1 to 4 bank clients across North America, EMEA, and APAC.”

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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.”