ANNOUNCEMENT

Hexaware Positioned as a Visionary in the 2026 Gartner® Magic Quadrant™ for Custom Software Development Services

Gartner, Magic Quadrant for Custom Software Development Services, By Jaideep Thyagarajan, Ryan McKinney, Nathan Davie, 7 October 2026. Gartner and Magic Quadrant are trademarks of Gartner, Inc. and/or its affiliates. Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose. This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from Hexaware.

Report

Digital Banking Features Radar 2025: Gulf States

We’re thrilled to unveil the second edition of our Digital Banking Features Radar, focusing on the Gulf States—a region at the forefront of financial innovation. Since our inaugural edition, the Gulf has witnessed an extraordinary digital banking transformation driven by ambitious neo-banks, forward-thinking traditional banks, and supportive government initiatives. This vibrant financial ecosystem has become a hub for groundbreaking developments, blending agility, customer-centricity, and cutting-edge technologies such as AI in banking, open banking, and embedded finance.

This report offers insight into the trends shaping the region, from the rise of digital-only neo-banks redefining customer experience in banking to the modernization efforts of established banks adapting to a digital-first world. It also examines the critical balance between operational efficiency and innovative differentiation as banks navigate economic pressures and evolving customer expectations.

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