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CR2 Named Tech Leader in Report

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DateMonday, April 26, 2021

CR2 Named Tech Leader in Report

Quadrant Knowledge Solutions Name Dublin Fintech as Technology Leader in SPARK Matrix: Digital Banking Platform Report 2021

CR2 CEO Fintan Byrne said the leadership position in the Quadrant Knowledge Solutions report is evidenced by many leading banks across the Middle East and Africa choosing CR2's platform to drive their digital banking strategies.Quadrant Knowledge Solutions, the global advisory and consulting firm that produces research and consulting deliverables that are designed to provide strategic insights into business transformation, has named Dublin's CR2 as Technology Leader in their SPARK Matrix: Digital Banking Platform 2021 Report.


The report included comprehensive research and in-depth analysis of the major market vendors, evaluating their product portfolio, market presence and customer value proposition. The report then ranked and positioned the 17 vendors as Aspirants, Challengers or Technoloogy Leader within the SPARK Matrix, based on technology excellence and customer impact. 


CR2, the Digital, Self-Service and Payments solutions provider headquartered in Park West Business Park, was awarded a leadership position at the Matrix, with Quadrant stating; “CR2’s BankWorld digital banking platform, with its powerful functional capabilities, has secured excellent ratings across the technology excellence and customer impact performance parameters, gaining CR2 a strong position amongst the technology leaders in the 2021 SPARK Matrix of the Digital Banking Platform market.”



A key capability highlighted by the research analysts is CR2’s BankWorld platform's ability to allow banks to easily extend their ecosystems, whether to partner or compete with Fintech providers. Other significant factors are the platform’s native channel technology that delivers a frictionless customer experience and off-the-shelf solutions, enabling banks to accelerate their digital banking strategies.


CR2 solutions enable over 100 banks in 60 countries to seamlessly connect and engage with their customers on the most critical banking channels today, and the Quadrant Knowledge Solutions report acknowledges how CR2 is enhancing and extending their Digital Banking platform to allow banks to grow cost effectively through Open Banking, APIs and Digital Payments.


Commenting on CR2's positioning in the SPARK Matrix report, CEO of CR2, Fintan Byrne (pictured), said; “We are very pleased that CR2 is being recognized as a technology leader in the Digital Banking market. The continued investment and innovation of our BankWorld platform reflects the needs and challenges of banks in emerging and developing markets. This leadership position is evidenced by many leading banks across the Middle East and Africa choosing our platform to drive their digital banking strategies.”


According to Shruti Jadhav, Associate Director at Quadrant Knowledge Solutionsdigital banking platform providers continue to strengthen their capabilities to offer enhanced integration & interoperability with existing core banking systems. She said; "The vendors are making significant investments for incorporating advanced predictive analytics, artificial intelligence, and machine learning technologies to provide a comprehensive 360-degree analysis and contextual customer insights for an enhanced personalized engagement across interaction channels and digital touchpoints.”




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