Q2 Named Market Leader in the 2024 U.S. Cash Management Report by Datos Insights
12 November 2024 - 4:00PM
Business Wire
Q2 earned the strongest score in both vendor
stability, for its breadth of commercial banking solutions, and
client outcomes and impact categories
Q2 Holdings, Inc. (NYSE: QTWO), a leading provider of digital
transformation solutions for financial services, announced today it
has been recognized as a market leader in the Datos Insights
Matrix: U.S. Cash Management Technology Providers vendor
assessment, 2024. This is the fifth time Q2 has been named as a
“best-in-class" vendor by Datos Insights.
Leveraging the Datos Matrix, a proprietary Datos Insights vendor
assessment framework, the research evaluates the competitive
position of each vendor, focusing on vendor capability and
performance to differentiate the market leaders from other
contenders and emerging vendors. Q2 was recognized as the market
leader with the highest U.S. cash management market penetration and
earned the strongest score in vendor stability and client outcomes
and impact categories when evaluated against all vendors.
“Because consumer platforms ‘built out’ for businesses are no
longer effective, it is important for banks and credit unions to
partner with a technology provider able to fully accommodate the
unique and growing needs of small business and large commercial
customers alike,” said Christine Barry, leader of strategic
initiatives, research, Datos Insights. “Q2’s proven success in
moving upmarket with larger banks, as well as its consistency in
attracting and retaining community and regional banks, demonstrates
the value of a single platform equipped to serve consumer, business
and corporate clients.”
The assessment attributed the high scores to Q2’s speed of
innovation and strength among regional and community institutions.
According to Datos Insights, Q2's differentiating features include
composable dashboards supported by a growing fintech marketplace,
planned ERP integrations and AI-driven client servicing
capabilities, and corporate treasury fulfillment capabilities.
Additionally, Q2 was recognized for its ability to serve consumers,
small businesses and corporate customers from a single
platform.
Q2 was named a market leader and recognized for its breadth of
digital offerings in Q2 Catalyst, its integrated suite of
commercial banking solutions, which includes the best-in-class Q2
digital banking platform. Q2 Catalyst is designed to cover the
entire business customer lifecycle and provides banks and credit
unions with the flexibility and autonomy they need to win more
clients, onboard them faster, serve them better, and grow deeper,
more profitable relationships.
Q2 was also recognized for Q2 Innovation Studio’s Accelerator
Partner and Marketplace programs, which include more than 170
partners pre-integrated into its digital banking platform. These
partnerships offer banks and credit unions greater speed to market
through configuration and extensibility and help create tailored
digital experiences to meet the needs of the smallest to some of
the largest small business and commercial account holders.
“We are proud to be recognized by Datos Insights as a market
leader in its 2024 Cash Management Technology Providers vendor
assessment,” said Katharine Briggs, chief product officer for Q2.
“Through Q2 Catalyst and Q2 Innovation Studio, we are committed to
helping financial institutions understand the unique needs of
businesses of all sizes and providing them with the differentiation
to win new customers while deepening existing relationships.”
To download the Q2 excerpt of the Date Insights Matrix: The
Leading Providers of U.S. Cash Management Technology, 2024, click
here.
To learn more about how Q2 delivers simple, smart, end-to-end
banking and lending solutions for commercial financial
institutions, visit:
https://www.q2.com/solutions/commercial-banking.
About Q2 Holdings, Inc.
Q2 is a leading provider of digital transformation solutions for
financial services, serving banks, credit unions, alternative
finance companies, and fintechs in the U.S. and internationally. Q2
enables its financial institution and fintech customers to provide
comprehensive, data-driven digital engagement solutions for
customers, small businesses and corporate clients. Headquartered in
Austin, Texas, Q2 has offices worldwide and is publicly traded on
the NYSE under the stock symbol QTWO. To learn more, please visit
Q2.com. Follow us on LinkedIn and X to stay up to date.
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Carly Baker Q2 Holdings, Inc. +1 210-391-1706
Carly.baker@q2.com
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