Vilja is recognized as a Niche Payer, in their newly published report: Gartner Magic Quadrant for Retail Core Banking Systems, Europe 2025, authored by VP analysts Vittorio D’Orazio and Ali Merji.

The report evaluates 15 vendors that are active in Europe and compares the technology providers’ different strengths and cautions. Gartner concludes that “banking CIOs are prioritizing core modernization to deliver decentralized and distributed applications. In response, core banking systems are evolving to enhance composability and use of the cloud. This research will aid bank CIOs in identifying solutions that best align with their business goals.”

“We’re incredibly excited to be recognized in the Gartner Magic Quadrant in this highly competitive space. We believe being named as a Niche Player demonstrates our strong position here in the Nordics and is a steppingstone to our global expansion. We believe this aligns well with our promise to the market is to take full ownership and accountability to ensure every customer’s success” says Fredrik Ulvenholm, CEO at Vilja Solutions.

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Gartner defines a core banking system (CBS) as the financial institution’s back‐office software that performs real-time or end-of-day processing for deposits and loans. Apart from advancing the processing dates, representative capabilities include transaction posting, interest accrual/payment, service charge calculation and cash management (zero balance, target balance). CBSs provide deposit and loan product servicing with interfaces to other applications, such as customer-facing channels, general ledger systems and reporting tools.

For more information, please contact:

Madeleine af Ugglas, CMO at Vilja, madeleine.af.ugglas@viljasolutions.com

Gartner, Magic Quadrant for Retail Core Banking Systems, Europe, Vittorio D’Orazio, Ali Merji, 29 January 2025

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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose. Gartner Inc. Magic Quadrant for Retail Core Banking Systems, Europe 29 January 2025. By: Vittorio D’Orazio, Ali Merji.