Wins three XCelent awards across corporate and retail banking domains
SunTec Business Solutions has announced that it has been positioned as a Luminary in Corporate Banking in Celent’s Enterprise Pricing and Product Management in Banking: Next-Generation Platforms report released recently, according to a press communication.
A Luminary is Celent’s top-tier designation reserved for technology solutions that demonstrate excellence in both advanced technology and breadth of functionality.
SunTec won the XCelent 2026 awards for: Breadth of Functionality in Corporate Banking; Advanced Technology in Corporate Banking; and Breadth of Functionality in Retail Banking.
Margin pressure
As corporate banks face sustained margin pressure, rising regulatory demands, and escalating expectations for transparency and responsiveness, many are modernizing product and pricing layers.
In that shift, the ability to govern the revenue lifecycle end-to-end, across negotiated deals, complex relationship structures, and downstream billing controls, has become a strategic requirement rather than a back-office enhancement.
The report highlights SunTec’s strength in supporting complex corporate banking environments with mature, end-to-end revenue management capabilities spanning enterprise product catalog, pricing, deal management, offer management, and billing. The report also acknowledges SunTec’s broad and established functionality in retail banking, reinforcing the product’s depth across banking segments.
Significant customer base
With a significant customer base across Europe, North America, the Middle East, and Southeast Asia, SunTec supports several Tier-1 institutions globally. Its largest client leverages the product to serve close to 100mn customers.
“Celent’s recognition affirms our leadership and our long-standing commitment to helping banks eliminate leakage, monetize faster, and deliver propositions that are transparent by design, compliant by default, and increasingly personalized at scale,” asserted Nanda Kumar, CEO and Founder, SunTec Business Solutions.
According to Celent’s evaluation, SunTec Xelerate’s augmented AI layer further strengthens this foundation by automating complex workflows, providing contextual decision support, and enabling AI-assisted operations with self-healing insights for enhanced resilience.
“SunTec demonstrates strong lifecycle coverage from product and pricing through deal management and billing, making it a compelling option for banks modernizing revenue management,” added Daniel Mayo, Principal Analyst, Celent.
