10x Banking, a leading cloud-native core banking platform, has been named a ‘Luminary’ by Celent in its Next-Gen Core Banking Platforms report for mid-large banks. Positioned in the top-right quadrant, 10x received the highest accolade for its outstanding performance across key criteria, showcasing exceptional experience and technical depth.
Celent evaluated 13 next-gen core banking platforms using its Technical Capability Matrix, focusing on Advanced Technology and Breadth of Functionality. 10x Banking stood out for excelling in both areas, earning recognition for its ability to meet the performance and transformation needs of tier 1-4 banks with assets exceeding $20 billion.
Powering the World’s Leading Banks
10x’s ‘meta core’ technology is revolutionizing the banking industry, helping financial institutions like Chase UK, Westpac, and Old Mutual overcome legacy challenges. The platform offers banks unprecedented speed, scalability, and security to launch new products, features, and personalized services without the constraints of traditional core systems.
Why 10x Banking Stands Out
Celent praised 10x for its robust product configurability, extensibility, and top-tier client experience. The company’s ability to support large banks as they modernize their core systems was a key factor in being named a Luminary.
Daniel Mayo, Celent Analyst, highlighted the platform’s strengths:
“The 10x Banking platform is secure, reliable, scalable, and microservices-based, offering a flexible product design and processing fabric to meet the complex needs of large banks.”
Recognition in Advanced Technology
In addition to the Luminary award, 10x was also recognized with the xCelent Award for Advanced Technology in both the mid-large bank category and for its strong performance in EMEA and Asia Pacific.
Lewis Ide, Vice President at 10x Banking, commented:
“10x Banking’s mission is to create technology that enables banks to deliver superior customer experiences. Being named a Luminary by Celent reflects our progress and commitment to helping banks modernize at scale. The launch of our ‘meta core’ in 2024 was a pivotal moment for us, setting the stage for deeper collaboration with our clients. In 2025, we will continue to focus on supporting banks as they transform their core systems to meet evolving customer needs.”
10x Banking remains at the forefront of core banking innovation, empowering banks to thrive in a fast-changing digital landscape.
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