EU Sovereignty Score
EU sovereignFintech & NeobanksHeadquarters: LU

Next Gate Tech: sovereignty score and 8 European alternatives

Next Gate Tech is a software company for investment operations, founded in Luxembourg in 2019. Its SPARK platform provides building blocks for data management, workflow automation, collaboration and governance, and SPARK Studio lets teams assemble agents, workflows and applications. The company's website focuses on fund life-cycle processes such as NAV oversight, reconciliation and investment compliance.

The company is based in Luxembourg, at an address listed on the European Commission's Digital Finance Platform. Its website describes a single-tenant architecture, ISO 27001 certification and compliance with DORA, and says customers choose their own large language model. It does not name its owners, its hosting provider or the location of its data centres, and it does not mention the GDPR. A European fund operator should have these points, including sub-processors and hosting, confirmed in the contract.

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Sovereignty score
71 / 1000 = high exposure
100 = sovereign
  • Jurisdiction SOV-2100
    Headquartered in the EU: European law applies
  • Data residency SOV-3100
    EU-only hosting
  • Cryptographic key sovereignty SOV-360
    Key management with a European vendor
  • Freedom from lock-in SOV-640
    Closed source: switching requires data migration
  • Source & runtime sovereignty SOV-4 · SOV-655
    Closed source, runtime with the vendor

SOV codes: the matching objective in the European Commission's Cloud Sovereignty Framework. Official source

How the score is calculated

Facts and evidence

Last checked October 10, 2026
HeadquartersLU (EU)Verified by hand
Sovereignty modelVendor-hosted (EU)Verified by hand
Data hostingEUVerified by hand
Open-sourceNoVerified by hand
GDPR-compliantNoVendor-stated
CategoryFintech & Neobanks
TypeProduct
Websitenextgatetech.com ↗

How we verify · Something wrong? Suggest a correction

Top EU-based & GDPR-compliant alternatives to Next Gate Tech

The European alternatives to Next Gate Tech come from our knowledge base of over 6,200 vendors. We only list vendors headquartered in the EU or the EEA; fully European-owned vendors rank before vendors with a foreign owner. For each alternative you see the country, the open-source status and a short description.

Score per alternative: 0 = high exposure, 100 = sovereign

116 European Fintech & Neobanks vendors are in the catalogue. View the whole category · Submit an alternative · View category on the map

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Why digital sovereignty matters with Next Gate Tech

Next Gate Tech is headquartered in LU and therefore falls under European law: the GDPR, NIS2 and the Data Act. No foreign legislation can compel access to your data.

Data is hosted exclusively in the EU, so Next Gate Tech scores best on data residency.

Next Gate Tech is closed source and hosted by the vendor. The encryption keys and the runtime sit with the vendor and switching requires data migration. Ask about bring-your-own-key, export options and open standards.

What this means for your organisation depends on your whole stack and context. The free assessment weighs Next Gate Tech together with your other vendors and gives a total score, a heatmap and the main risk drivers.

Frequently asked questions

What is the best European alternative to Next Gate Tech?

It depends on your use case. Strong EU alternatives to Next Gate Tech include 1822direkt, ActivoBank and Air Bank. On this page you can compare 8 EU alternatives by jurisdiction, data residency and open-source status.

Are there open-source alternatives to Next Gate Tech?

Our list of EU alternatives to Next Gate Tech is mostly commercial options. Browse the category on the map for open-source choices.

Is Next Gate Tech GDPR-compliant and where is the data hosted?

Next Gate Tech is headquartered in LU (EU) and hosts data in EU. That makes Next Gate Tech an EU-sovereign choice in its own right; the EU alternatives on this page are comparable European tools.

Details and sources

Verified by handHeadquarters, owner, hosting locations and licence have been checked by us against public sources. Free of charge and for every vendor, not a paid label. Nothing in this knowledge base is taken over automatically. Last checked on October 10, 2026.

Sources

Public sources used in the latest check of this record.

Compliance evidence

The links below point to the vendor's own public documents. We only record what we found: a missing link means "not found publicly", not "not compliant".

No public compliance evidence has been recorded for this vendor yet. Do you know its DPA or subprocessor list? Something wrong? Suggest a correction

Digital sovereignty in Fintech & Neobanks

Fintech & Neobanks: Digital banks, neobanks, money transfers and fintech services. In this category the choice of vendor determines who has legal access to your data, where that data lives and how easily you can switch later.

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8 European alternatives to Next Gate Tech — GDPR-compliant & EU-hosted · EU Sovereignty Score