Latest news with #Celent
Yahoo
5 days ago
- Business
- Yahoo
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 AUSTIN, Texas, Aug. 6, 2025 /PRNewswire/ -- 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." 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: To access the Celent reports visit: About Oracle Financial ServicesOracle 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 About OracleOracle offers integrated suites of applications plus secure, autonomous infrastructure in the Oracle Cloud. For more information about Oracle (NYSE: ORCL), please visit us at TrademarksOracle, Java, MySQL and NetSuite are registered trademarks of Oracle Corporation. NetSuite was the first cloud company—ushering in the new era of cloud computing. View original content to download multimedia: SOURCE Oracle Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Barnama
23-07-2025
- Business
- Barnama
Duck Creek Scores Big In Celent's 2025 P&C Technology Rankings
KUALA LUMPUR, July 23 (Bernama) -- Duck Creek Technologies has secured five XCelent Advanced Technology 2025 awards from analyst firm Celent, cementing its status as a global leader in Policy Administration System (PAS) for the property and casualty (P&C) insurance market. The company earned Advanced Technology awards in North America, Europe, the Middle East and Africa (EMEA), and Latin America (LATAM), along with wins for Breadth of Functionality and Customer Base and Support in North America. Duck Creek Technologies Chief Executive Officer, Mike Jackowski said this validation from Celent shows the company's platform empowers insurers worldwide to be faster, more agile, and more competitive.
Barnama
23-07-2025
- Business
- Barnama
Duck Creek Earns Five Celent Xcelent Awards For Excellence In Insurance Technology
BOSTON, July 23 (Bernama) -- Duck Creek Technologies, the global provider defining the future of property and casualty (P&C) and general insurance, today announced it has received five XCelent Advanced Technology 2025 awards from Celent in its Policy Administration Systems: P&C Insurance reports for North America, EMEA, and LATAM. Duck Creek received three Advanced Technology XCelent awards for North America, EMEA and Latam and was also awarded the Breadth of Functionality and Customer Base and Support XCelent awards for North America. Duck Creek was also named a Luminary in the North America report and recognized as a Technology Standout in the EMEA, APAC, and LATAM regional editions of Policy Administration Systems: P&C Insurance reports. The Luminary distinction is Celent's highest recognition and reflects excellence across both criteria. The Technology Standout category highlights modern solutions that emphasize technical innovation and agility.
Yahoo
20-07-2025
- Business
- Yahoo
What keeps European payment executives awake at night? New Celent report alert
Earlier this year, Celent surveyed senior payments executives at banks across seven of the largest European markets: France, Germany, Italy, the Netherlands, the Nordics, Spain, and the UK. The Celent survey of European Banks featured only executives with senior leadership responsibility for payments technology investment, with either their own technology budgets or direct influence on technology budget prioritisation. Celent sought to explore two major areas: Executive attitudes to market developments, e.g., how they view certain regulatory and competitive developments, what they expect to have the biggest impact on their business, who is likely to benefit the most, and their views on the payments market growth. Payments in their organisations today and investment priorities, e.g., how banks view and manage payments today, what is driving technology-related projects in payments this year and in the next few years, areas in which they expect to make the biggest investments, and where they are in the modernisation cycle for some of their key payment systems. The European payments market is undergoing tremendous amount of change. Celent has been exploring the regulatory and competitive forces driving that change and how those might shape the European payments market over the next 5-10 years in several recent reports, such as: A Future of European Payments: Getting Ready for a Seismic Shift in Commerce Rethinking Your Digital Wallet Strategy: From Payments to Identity and Agentic Commerce Ding Ding, Round Three: PSD3 and the PSR1 Take Shape While those reports were informed by Celent's research and regular dialogue with the market participants, it was also keen to capture the voice of bank executives more formally and directly. What keeps European payment executives awake at night: key takeaways include: The European banks expect regulatory changes to have the biggest impact on the payments market over the next five years. Of those, banks identified the third Payment Services Directive (PSD3), Instant Payment Regulation (IPR), and digital euro as the top three regulatory changes shaping the market. While 44% of banks view the upcoming regulation as an opportunity, there are significant differences in attitude based on size, type, or geography. 50% of banks say that their payments business margins are becoming harder to maintain, although only 22% have a good handle of their P&L. Open banking payments and account-to-account digital wallets top the banks' investment agenda for the next two years, with much of that investment already underway. 48% of banks intend to upgrade their credit card issuing platforms in the next 1-2 years. Details on how to access the full report is available via this link. "What keeps European payment executives awake at night? New Celent report alert" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio
Business Wire
01-07-2025
- Business
- Business Wire
MCO Adds AML and KYC Capabilities to the MyComplianceOffice Platform
NEW YORK--(BUSINESS WIRE)--MCO (MyComplianceOffice), a leading provider of compliance technology, has enhanced its platform with Anti-Money Laundering (AML) and Know-Your-Customer (KYC) capabilities. This addition expands the platform's financial crime and third-party compliance functionality, providing firms with a powerful solution to meet regulatory obligations and proactively manage risk. Expanded financial crime and third-party compliance functionality provides firms with a powerful solution to meet regulatory obligations and proactively manage risk. MCO's AML and KYC capabilities enable financial institutions to transform and automate their customer due diligence process. From onboarding to periodic reviews to client maintenance and offboarding, MCO's platform systematically manages the collection of KYC information and in-depth screening of clients and related parties continuously throughout the lifecycle of the relationship. By leveraging cutting edge technology to disregard false positive noise and escalate only the most relevant potential matches for Sanctions, PEPs, and Negative News, MCO allows Compliance teams to streamline investigations and focus on high value work. The system provides a traceable, quantified view of risk and a customizable and automated compliance framework that improves data integrity and reduces the operational burden of managing disparate systems. 'Our clients are facing increased regulatory scrutiny and pressure to deliver more from their compliance programs with fewer resources,' said MCO CEO Brian Fahey. 'By embedding AML and KYC into our core platform, we're giving firms the tools they need to stay ahead of financial crime risks—without the complexity of managing disconnected point solutions.' MCO recently explored the latest trends in financial crime compliance during a webinar featuring Neil Katkov, PhD, Director at Celent, who brings extensive insight into the evolving regulatory and technology landscape. 'As financial services becomes increasingly digital—driven by real-time payments, mobile platforms and cross-border transactions—the potential for financial crime is rising. Firms must rethink the structure of their compliance architecture,' said Neil Katkov, Director, Celent. 'Integrating AML and KYC into a broader compliance platform like MCO's not only enhances control but also improves agility in responding to both threats and regulatory change.' About MCO MCO (MyComplianceOffice) provides integrated compliance management software that enables global financial services firms to operate efficiently, ethically, and compliantly. With 30+ products on a single system, the powerful MyComplianceOffice platform enables compliance professionals to demonstrate that they are proactively managing compliance obligations and the regulated activities of employees, the company, and third parties. To learn more about the MyComplianceOffice platform and watch the webinar, visit
