Recognition bestowed upon Oracle for outstanding achievement in digital banking platform solutions by Celent.
Oracle Financial Services has been honoured with multiple accolades from Celent, a leading research and advisory firm, for its digital banking solutions. The company was named a Luminary in Corporate Digital Banking across multiple global regions, including North America, EMEA, LATAM, and APAC, and won several XCelent Awards for "Breadth of Functionality" in Retail and Small Business Banking platforms.
Celent's recognition highlights Oracle's commitment to delivering AI-powered, cloud-native solutions that help modernize operations, improve customer experiences, and innovate at scale. The company's digital banking solutions have been praised for their scalability, broad functionality, multichannel access, and open ecosystem integration.
Key features that set Oracle apart include:
- Scalable corporate banking solutions that cater to a wide range of bank sizes, from Tier 1 to Tier 4.
- Broad and comprehensive functionality across corporate, retail, and SMB digital banking needs.
- Multichannel access, enabling seamless banking experiences across platforms.
- Use of open ecosystem tools to integrate technology flexibly and meet evolving business requirements.
- Strong client base and service excellence, evidenced by a significant number of financial institutions globally adopting Oracle's solutions.
According to Patricia Hines, Celent Director, Oracle's solution scored highly for client base and service in the Corporate Digital Banking - North America report. The company's high scores in functionality breadth, technology integration, open ecosystem leverage, and global client reach were also emphasized.
Oracle's digital banking solutions have been recognized in six of Celent's recently published research reports evaluating digital banking platforms, including the Corporate Digital Banking - North America Solutions, Corporate Digital Banking Platforms - EMEA, LATAM, and APAC Solutions, Retail Digital Banking Platforms - Europe, Middle East, and Africa Edition, Retail Digital Banking Platforms - Asia-Pacific Edition, and Small Business Digital Banking Platforms: North America Edition Solutions for Mid-sized to Large Banks.
Sonny Singh, executive vice president and general manager of Oracle Financial Services, stated that the company's position in the financial services industry was reaffirmed by the Celent recognition. He added that Oracle's digital banking solutions are designed to help banks and financial institutions deliver superior customer experiences, drive innovation, and achieve operational excellence.
To learn more about Oracle's corporate and retail banking solutions, visit Oracle's website. To access Celent's reports, visit Celent's website.
Oracle's digital banking solutions, available on Oracle's website, were recognized by Celent's reports in six different research evaluation categories: Corporate Digital Banking - North America, Corporate Digital Banking Platforms - EMEA, LATAM, and APAC, Retail Digital Banking Platforms - Europe, Middle East, and Africa Edition, Retail Digital Banking Platforms - Asia-Pacific Edition, and Small Business Digital Banking Platforms: North America Edition for Mid-sized to Large Banks. This recognition follows the company's honours from Celent, a leading research and advisory firm, which named Oracle a Luminary in Corporate Digital Banking across multiple global regions and awarded it several XCelent Awards for "Breadth of Functionality" in Retail and Small Business Banking platforms.