Capgemini is named a leader by Everest group in the open banking IT services peak matrix® 2024 assessment

Capgemini is positioned as a Leader in Open Banking IT Services PEAK Matrix® 2024 assessment by Everest Group.

The open banking landscape is rapidly evolving due to regulatory changes and technological advances. Financial institutions are increasing investments in open banking to boost customer experience, improve data security, and ensure regulatory compliance. Providers are also focusing on data monetization, advanced analytics for risk management, and embedded finance to deliver more personalized and integrated solutions.

In this report, Everest Group presented an assessment of 31 leading providers evaluated on various parameters focusing on key solutions, domain investments practice growth and client feedback.

Capgemini envisions enabling open banking by providing agile technology and expertise to adapt to customer needs by leveraging data to create personalized experiences, catering to diverse customer segments, developing the capacity for platform-based services, and capitalizing on network effects.

“Capgemini has effectively utilized generative AI, developing predictive analytics tools for credit scoring and risk assessment, and automating customer service with AI-enhanced chatbots on banking platforms. Capgemini has also engineered multiple open banking platforms, including real-time payment systems and digital solutions for APAC financial institutions, demonstrating their technical prowess. Its substantial investments in training for ISO 20022 and PSD2 compliance, and its Centers of Excellence in API development and regulatory technology, along with advisory roles with major banks on digital currencies and partnerships with central banks in emerging markets for digital currency implementation, have helped Capgemini earn a Leader recognition on Everest Group’s Open Banking IT Services PEAK Matrix® Assessment 2024.”

Pranati Dave, Practice Director at Everest Group

About Capgemini

Capgemini is a global business and technology transformation partner, helping organizations to accelerate their dual transition to a digital and sustainable world, while creating tangible impact for enterprises and society. It is a responsible and diverse group of 340,000 team members in more than 50 countries. With its strong over 55-year heritage, Capgemini is trusted by its clients to unlock the value of technology to address the entire breadth of their business needs. It delivers end-to-end services and solutions leveraging strengths from strategy and design to engineering, all fueled by its market leading capabilities in AI, cloud and data, combined with its deep industry expertise and partner ecosystem. The Group reported 2023 global revenues of €22.5 billion.

Get The Future You Want | www.capgemini.com