London: 11 September 2024 – 10x Banking, the cloud-native core banking platform, has been named as a Leader in the IDC MarketScape: Asia/Pacific Digital Core Banking Platforms 2024 Vendor Assessment.  This is the first time 10x Banking has been included in the IDC MarketScape. This recognition as a Leader comes after 10x's recent launch of the world’s first 'meta core' - giving banks the freedom to offer new products, features and personalized services to their customers with unprecedented speed, scale and security. 

The IDC MarketScape: Asia/Pacific Digital Core Banking Platforms 2024 Vendor Assessment (doc #AP50463723, September 2024) evaluates 15 vendor solutions providing digital banking core banking solutions to the Asia Pacific market. The IDC MarketScape assessed these vendors in a quantitative and qualitative analysis to evaluate them on operational and innovative capabilities for banking transactions.

Our mission at 10x Banking has always been to create technology solutions that enable banks to deliver a better banking experience for their customers, and we’re delighted that we have been recognized as a Leader by the IDC MarketScape. Financial institutions around the world including Westpac, Chase UK and Old Mutual have already selected 10x technology to build and deploy their products in market. We’re excited to help accelerate their core transformation with our game-changing meta core

Will Dale Regional Vice President in APAC at 10x Banking