CB RADAR™ Report

Core Banking Market

The first dataset of its kind: 113 core banking transformations tracked worldwide since 2021.

Inside This Report:

• Data from 113 core banking transformations conducted worldwide between 2021–2025, covering 23 attributes per project.

• Clear view of a fragmented vendor market, where even the top 3 vendors account for only 30.1% of implementations.

• Cloud adoption patterns backed by real data: 84.5% cloud-first, with cloud-native, SaaS, hybrid, and on-prem deployment differentiation.

• Implementation reality check: 72.5% self-reported success, with insight into optimism bias, delivery risks, and what “success” actually means in practice.

• Regional and segment trends: U.S. concentration (48.7%), variations in APAC and emerging markets, and which bank types modernize fastest.

Core Modernization Strategy

for Mid-Sized Banks

What It Takes to Modernize

Mid-sized banks are being told to modernize or fall behind. But when core platforms are tightly coupled to vendor roadmaps, and transformation budgets are stretched thin, how do you move forward without increasing operational risk or wasting time on the wrong priorities?

Inside This Report:

• A breakdown of the 10 most common failure points, including unclear objectives, planning gaps, tech challenges, and resistance to change.

• Real-world patterns showing how banks underestimate the organizational, cultural, and operational complexity of core transformations.

• Evidence from past failures, including major banks (referenced on page 4), illustrating how delays, overruns, and misalignment compound risk.

• Why transformations fail not due to technology, but due to poor governance, lack of re-engineering discipline, and treating the effort like “just an IT project.”

• A leadership blueprint outlining how CEOs, executives, and transformation teams can correct failure patterns before they take root.

Risk & Compliance in Transition

A 2025 Market Intelligence Report

What happens when AI, AML, fraud convergence, and regulatory expectations collide? This report maps out the transformation.

Inside This Report:

• A firsthand scan of the risk & compliance technology landscape using interviews with leaders across 15 banks in the U.S., Europe, and MENA.

• A data-backed comparison of specialized tools vs. integrated platforms, including why Falcon and Actimize still dominate high-volume domains.

• Evidence of AI/ML acceleration, 25–40% reductions in false positives and how behavioral analytics and network models are reshaping AML/Fraud detection.

• Clear guidance on when FRAML convergence (Fraud + AML) creates value and when siloed models remain strategically necessary.

• A modernization roadmap showing how governance, tuning discipline, unified data models, and cloud adoption can deliver 15–30% efficiency gains without replacing platforms.

Building the Future

Payment Stack

A 2025 Strategic Market

Intelligence Report

How mid-sized banks are evolving their payments infrastructure under pressure from ISO 20022, real-time expectations, and opaque vendor landscapes.

Inside This Report:

• A practitioner-level look at how mid-sized banks are modernizing payments amid ISO 20022, real-time expectations, and opaque vendor pricing.

• Deep insights from senior payment leaders on the shift toward integrated payment hubs, hybrid operating models, and API-first architectures.

• Cost, control, and scale realities, what banks are actually paying across ACH, wires, and SWIFT and when insourcing becomes viable.

• Vendor landscape clarity: strengths and limitations of FIS, Fiserv, Oracle, Finastra, Volante and the rising alternatives reshaping ACH, RTP, and cross-border processing.

• Peer strategies showing what works in execution: phased migrations, middleware-centered modernization, configuration ownership, and disciplined vendor governance.