ERI OLYMPIC Banking System
Swiss OLYMPIC Banking System for private, commercial and retail banks, custodians and credit unions, delivered as SaaS or cloud
Quick Overview
| Company | ERI Bancaire S.A. |
|---|---|
| Category | Core Banking Software |
| Headquarters | Meyrin (Geneva), Switzerland |
| Founded | Not stated |
| EU Presence | Yes - Switzerland (CH), with entities in Luxembourg, France, Spain and the UK |
| Data Location | Not stated on the website |
| Open Source | No |
| GDPR Compliant | Yes |
| Self-Hosting | Not stated |
| Main Features | Core banking, CRM, client onboarding, loan management, portfolio and order management, advisory, custody, fund administration, digital banking, payments, regulatory requirements, SaaS and cloud delivery |
| Pricing | Pricing on request |
| Best For | Private banks, custodians and fund administrators that need a front-to-back platform |
| Replaces | Fiserv, FIS, Jack Henry |
Detailed Review
ERI says some 400 banks and financial institutions in over 60 countries have used it over 30 years. The OLYMPIC Banking System is described as fully integrated from front to back and fully configurable.
The offices page lists ERI Bancaire S.A. in Meyrin near Geneva, Lugano and Zurich, ERI Bancaire Luxembourg S.A., ERI Bancaire Paris, ERI Bancaire Madrid SL, ERI Banking Software Limited in London and a Singapore entity.
Wealth and Custody Strength
The expertise list includes portfolio management, advisory, fund administration, custody services and order management beside core banking, savings and loans. The platform therefore fits institutions whose business is investment rather than only accounts.
SaaS and Cloud Delivery
The site describes a SaaS delivery model and a cloud-based solution, built for the ISO 20022 era with real-time straight-through processing. It frames the move as replacing high-maintenance hardware.
Group Structure
Contracts depend on the country: the Swiss, Luxembourg, Spanish and UK entities are separate legal bodies, so a buyer should ask which one signs.
Limitations to Consider
Pricing is not published and the site lists several group entities, so the contracting entity must be confirmed. The heritage is private banking and custody, so a pure consumer neobank is not the main target. Hosting regions are not listed. A buyer with a retail focus may compare Temenos and Crosskey.
Who Should Use ERI OLYMPIC Banking System
Private banks, custodians, credit unions and central banks in Europe that want a Swiss vendor with a front-to-back platform.
Pros and Cons
Pros
- Covers wealth, custody and fund administration
- Front-to-back integrated platform
- SaaS delivery available
- Offices in Switzerland, Luxembourg, France, Spain and UK
- Serves central banks and credit unions too
Cons
- No public pricing
- Contracting entity varies by country
- Hosting regions unlisted
- Less aimed at neobanks
Alternatives to ERI OLYMPIC Banking System
Other European core banking software worth comparing before you decide:
Thought Machine
United Kingdom · Cloud-native core ledger and payments with a configuration layer
Mambu
Netherlands · Composable SaaS core for lending, deposits and payments
Skaleet
France · Modular SaaS core banking on EU-based private cloud
10x Banking
United Kingdom · SaaS core for banks, mutuals and lenders with AI migration tools
See all European core banking software or compare them directly against Fiserv on our alternatives page.
Frequently Asked Questions
ERI's core banking platform with CRM, onboarding, loans, portfolio and order management, advisory and digital banking in one system.
ERI lists private, commercial and retail banks, custodians, credit unions and central banks.
Yes. The site describes a SaaS delivery model and a cloud-based solution.