Global success for Czech banking software. Gartner ranks BSC as a model supplier of bank digitization

Banking Software Company (BSC), the largest banking software firm in the Czech Republic, has been ranked as a recommended solution provider for digital banking platforms in the prestigious Gartner Market Guide for Digital Banking Platforms. Banking institutions around the world now have another reason to choose the Prague based firm, BSC, as a supplier of digitization solutions. Appearing on this list confirms BSC’s quality and solidifies their global relevance.

Gartner is a renowned analytics firm, and their Gartner Market Guide has long served as a well-respected overview of relevant vendors within specific market segments. The Market Guide for Digital Banking Platforms covers banking digitization software solutions based on comprehensive banking platforms.

In order to be included in the Market Guide, vendors must meet very stringent criteria and successfully demonstrate their solutions in front of Gartner’s global experts. BSC impressed them with its flagship product, the Digital Bank OS. This OS enables financial institutions to not only digitize existing products and services but also create new business opportunities through a combination of data analytics, digital ecosystems, and broad integration options.

“We are very pleased that Gartner has included us in the Market Guide for Digital Banking Platforms 2020. This is a confirmation, especially for potential clients, that BSC is a not only a global provider, but one of the world’s leaders in digital banking solutions,”said Karel Beran, BSC’s Director of Products and Innovation, on the Gartner Market Guide, adding:

“In addition to being recognized as a proven provider of digital banking platforms, BSC has been included in several previous Gartner reports as a key provider of digital transformation and multi-channel digital banking solutions. Among other things, such recognition is a catalyst for us to further build our global partner network to satisfy the demands of all banks that not only want to digitize their products, but also want to constantly innovate and offer their clients better services while creating new business opportunities.

BSC has been involved in the digital transformation of banking since the 1990’s and is a clear leader in this field within the Czech Republic. BSC relies on its Digital Bank OS to conquer global markets. This is BSC’s own operating system for banks that provides the necessary functionality for the digital distribution of banking products and services. The OS also allows banks to connect third-party applications and services via APIs, allowing any bank that uses this system to better differentiate themselves by offering their clients Digital Banking Platforms services well beyond the boundaries of traditional banking.

The Prague based banking software firm has been collecting awards all over the world for their solutions. This year BSC and the Georgian based TBC Bank won the Global Finance Award for the most innovative corporate bank in Central and Eastern Europe. In addition to that, last year TBC was named the best mobile bank in the world. In the domestic market, BSC is not only the leading driver of digitization, but also the clear leader in regulatory reporting software. This software handles all the requirements needed for mandatory reporting to supervisory authorities.