Home > Finacle > Analyst Ratings > Edgeverve Named A Leader In The Forrester Wave™: Digital Banking Engagement Platforms

EdgeVerve has been named a leader by Forrester Research, Inc. in ‘The Forrester Wave™: Digital Banking Engagement Platforms, Q3 2017’ report. EdgeVerve was recognized as a leader among 11 top banking platforms, which were evaluated on a comprehensive set of 35 criteria focusing on strategy, current offering and market presence.


  • EdgeVerve received the highest score in 18 of the 35 criteria used in the assessment – these include Analytics, Directly Supported Channels, Gamification, App Architecture & Infrastructure, Identification & Authentication and Live Scalability
  • EdgeVerve received the highest score among all vendors in the category of ‘Market Presence’ that indicates the reach of the Finacle solution

Forrester Wave -Q2 2017
Referring to Finacle, Jost Hoppermann, VP and Principal Analyst, Forrester mentions in the report, "EdgeVerve delivers across a number of capabilities, and shows no deep gaps… It broadly supports retail, corporate and private banking; and its build-in analytics have visibly improved compared with our earlier Forrester Wave… (Artificial intelligence) AI is a key element of EdgeVerve’s plans: Robo-advisors for wealth management and conversational AI for voice banking are only two examples… When talking to reference customers, we noted their satisfaction with the solution’s security features and functions."

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The Forrester Wave is copyrighted by Forrester Research, Inc. Forrester and Forrester Wave are trademarks of Forrester Research, Inc. The Forrester Wave is a graphical representation of Forrester’s call on a market and is plotted using a detailed spreadsheet with exposed scores, weightings, and comments. Forrester does not endorse any vendor, product, or service depicted in the Forrester Wave. Information is based on best available resources. Opinions reflect judgment at the time and are subject to change.