SAP Fioneer takes top spot for core banking in CeFPro Fintech Leaders 2024 report
Published on: 18 April 2024
Walldorf, Germany – April 18, 2024 – SAP Fioneer, a leading provider of financial services software solutions and platforms, has achieved a first place ranking in core banking/back-end systems in the Fintech Leaders 2024 Report by the Center for Financial Professionals (CeFPro).
After winning the category for the first time in 2022, SAP Fioneer has regained this position. The international research organization CeFPro also named SAP Fioneer among the top 30 companies in the overall fintech ecosystem. The rankings categorize and evaluate leading fintech companies, vendors, and solution providers. For the 2024 report, approximately 2,500 responses were gathered from practitioners, end users, and subject matter experts from financial institutions. Original research and market analysis was conducted by CeFPro and is backed by an advisory board of over 50 professionals from various international institutions.
“SAP Fioneer have again taken the top spot in our core banking/back-end system ranking. This is an outstanding performance, showcasing their continued efforts to advance the industry and a testimony to their cutting-edge solutions following the carve-out from SAP in 2021”, comments Andreas Simou, Managing Director at CeFPro.
“We are honored to have received this award for the second time. On top, being named as one of the leaders in the fintech ecosystem is a testament of our efforts and gives us the opportunity to reiterate our promise to the industry: we engineer the future of financial services software and enable FSIs to not only to withstand in challenging times and rapid development cycles, but also to emerge stronger from them“, adds Dr. Christoph Rösch, Managing Director Banking at SAP Fioneer.
CeFPro’s Fintech Leaders report provides a comprehensive overview of the status, trends, opportunities, and investment priorities within the fintech industry for 2024. The research shows that while cybersecurity still is top of mind, customer experience rises in importance and comes second in the list of opportunities, underlining its importance as a measure of success for financial services institutions. Looking at the biggest opportunities for the next five years, artificial intelligence (AI) unsurprisingly takes the top spot, predicting a significant number of new initiatives throughout the industry.
About Center for Financial Professionals CeFPro®
The Center for Financial Professionals (CeFPro®) is an international research organization and the focal point for financial risk professionals to advance through renowned thought-leadership, knowledge sharing, unparalleled networking, industry solutions and lead generation. CeFPro is driven by and dedicated to high quality and reliable primary market research. It is this market research that allows us to provide an excellent portfolio of peer-to-peer conferences, live interactive webinars, industry led content and a membership area for the industry to connect.
Learn more about the CeFPro at www.cefpro.com, or Fintech Leaders at www.fintech-leaders.com.
About SAP Fioneer
https://www.sapfioneer.com
SAP Fioneer was launched in 2021 as a joint venture between global technology leader SAP and entrepreneurial investor Dediq to become the world’s leading provider of financial services software solutions and platforms. With a broad ecosystem of partners, over 1,200 financial services customers and more than 1,300 employees, SAP Fioneer is a global business present in 17 countries across Europe, North and Latin America, Middle East and Asia-Pacific.
By combining the speed and agility of a start-up with the proven capabilities of a best-in-class software company, SAP Fioneer enables banks, insurance companies and challengers to run, transform and grow while meeting their need for speed, scalability, and cost-efficiency through digital business innovation, cloud technology, and solutions that cover banking and insurance processes end-to-end.
