FIS Named a Leader in 2025 Gartner Magic Quadrant for Retail Core Banking Systems, North America
February 10 2025 - 1:00PM
Business Wire
Key Facts
- FIS earns accolades for delivering innovative, end-to-end
solutions that holistically address the evolving needs of the
banking industry.
- Products including HORIZON, Integrated Banking Solutions (IBS)
recognized in the “Leader” quadrant for customer experience and
business functionality, earning some of the highest scores among
all evaluated vendors, with Modern Banking Platform named in the
“Visionary” quadrant.
- Gartner stands as a leading authority in global market research
and analysis for the financial sector.
FIS® (NYSE: FIS), a global leader in financial technology, has
been recognized by Gartner as a Leader in the 2025 Gartner Magic
Quadrant for Retail Core Banking Systems, North America. This
recognition further demonstrates FIS' comprehensive capabilities
across the money lifecycle, underscoring its position as the
leading technology provider in the banking ecosystem for
safeguarding money at rest.
FIS' core banking solutions operate within a widely configurable
and connected banking ecosystem that can enable financial
institutions to deliver seamless customer experiences across all
channels. This allows customers to unlock the money lifecycle from
a single platform, elevating the full banking experience and
creating a more streamlined and agile environment. The Gartner
report evaluated products based on ability to execute and
completeness of vision. The three FIS products recognized
include:
- HORIZON: Received one of the highest customer experience
ratings among all vendors and demonstrated above-average API
marketplace capabilities that created a more streamlined
integration for users while enabling improved collaboration for
banks launching new business lines.
- Integrated Banking Solution (IBS): Earned one of the
highest business functionality scores compared to all other vendors
for its ability to unlock efficiencies for new business
functionalities and also earned high marks for holistic product
support, customer-centric servicing and innovative release
strategy.
- Modern Banking Platform: Recognized for its strength in
native composable and cloud architecture, along with the
capabilities to enable secure integration and collaboration between
FIS and third-party partners that can quickly create new user
experiences across the money lifecycle.
"FIS' positioning in the ‘Leaders’ and ‘Visionaries’ quadrants
reinforces our dedication to providing the most innovative core
banking solutions to our clients," said John Durrant, co-president,
FIS Banking Solutions. “With FIS’ open API technology, institutions
can securely manage money at rest while unlocking a thriving
banking and payments ecosystem through a flexible platform. This
enables our customers to see greater efficiency, quickly launch
competitive products and cement relationships with personalized
experiences."
The Gartner Magic Quadrant for Retail Core Banking Systems,
North America highlights certain key market trends shaping the core
banking industry. Vendor evaluation is based on the “Ability to
Execute” and “Completeness of Vision.” The criteria for
“Completeness of Vision” are based on the effectiveness of vendor
product strategies linked to the market. The criteria for the
“Ability to Execute” focuses on market traction and how the vendor
and product are positioned to sustain support for near-term banking
market requirements and commitments.
About FIS
FIS is a financial technology company providing solutions to
financial institutions, businesses and developers. We unlock
financial technology to the world across the money lifecycle
underpinning the world’s financial system. Our people are dedicated
to advancing the way the world pays, banks and invests, by helping
our clients to confidently run, grow and protect their businesses.
Our expertise comes from decades of experience helping financial
institutions and businesses of all sizes adapt to meet the needs of
their customers by harnessing where reliability meets innovation in
financial technology. Headquartered in Jacksonville, Florida, FIS
is a member of the Fortune 500® and the Standard & Poor’s 500®
Index. To learn more, visit FISglobal.com. Follow FIS on LinkedIn,
Facebook and X.
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version on businesswire.com: https://www.businesswire.com/news/home/20250210964676/en/
For More Information Kim Snider, 904.438.6278 Senior Vice
President FIS Global Marketing and Communications
kim.snider@fisglobal.com
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