Profile Software is recognised in the 2024 Gartner® Market Guide for Core Banking Systems in MEA report

Profile, a leading international financial solutions provider, announced today that it has been included as a Representative Vendor in the esteemed 2024 Gartner® Market Guide for Core Banking Systems in the Middle East and Africa report.

According to Gartner®, “CIOs focused on financial services technology modernisation and transformation should consider making contingency plans for migrating to the cloud in the next decade by evaluating options from vendors and preparing a cloud migration plan to submit to the business. While on-premises installations are still dominant in this market, the future focus will be on the cloud, just as it is in any other region of the world.”

Profile Software’s Finuevo Suite, is a cloud-native smart banking platform that provides composable banking capabilities, comprehensive functionality, and pre-packaged configurations to get to market fast, and to scale with ease.

“The recognition of Profile Software in Gartner’s Market Guide for Core Banking Systems in MEA report underscores our unwavering dedication to innovation and excellence,” stated Profile Software CEO Evangelos Angelides. “Our robust client base and the growing demand for our solutions are testaments to our expanding brand presence. As financial institutions in the MEA region navigate complex challenges, our cloud-native banking solution meets the trend for cloud migration, providing the agility and flexibility needed to thrive in tomorrow’s competitive landscape.”

The Gartner® Market Guide provides CIOs with valuable insights into the MEA core banking landscape, highlighting trends, strategies for transformation, and innovation. It also identifies key players and technological advancements, ensuring CIOs remain ahead of the curve.