UBS Banking Technology Survey: 2nd Annual EMEA Survey

Research evidence excerpt

UBS Banking Technology Survey: 2nd Annual EMEA Survey

Powered by Lab Global16 JuneResearch2026ab Evidence UBS YES

UBS Banking Technology Survey Equities

Europe including UK2nd Annual EMEA Survey

Software

Justin Forsythe, CPA

2nd Annual UBS EMEA Banking Technology Survey: We have used UBS Evidence Analyst

Lab to present our 2nd Annual EMEA Bank Tech survey (run in parallel with the 7th justin.forsythe@ubs.com

annual UBS US Bank Tech survey), with samples collected during February and March +44-20-7567 4191

2026 and receiving responses from the management teams of 86 banks, building Mahir Bidani, ACA

societies, credit unions and other financial institutions across the UK, France and Analyst

Germany (of which ~37% use the top two core providers - Oracle Financial Services and mahir.bidani@ubs.com

Temenos). The idea is to better understand anticipated 2026 bank IT budgets, pricing +44-20-7568 3963

expectations, their perception and rating of core banking software providers (product Michael Briest

and customer service), intentions to change their core provider, spending priorities, and Analyst

views on the evolving competitive landscape. We recognise the sample is relatively small michael.briest@ubs.com

compared to the ~5-6k banks in the EU and UK, and does not capture every country in +44-20-7568 8367

the EU, but we intend to look to increase the sample size going forward. It should be

viewed as a helpful supplement to better understanding the current banking technology

environment (and in aggregate provides a useful directional view).

Less robust 2026 bank IT budget outlook - 3.2% growth average: On average,

European banks & credit unions expect their 2026 IT budgets to increase by ~3.2% vs

~4.4% in 2025 (with ~77% of respondents expecting an increase, ~15% expecting