Backbase partners with Microsoft to re-architect banking around the customer
Enter the Engagement Banking Era with our fully integrated financial services cloud stack
Today’s customers expect personalized digital products and processes to meet their banking needs. In order to thrive – and survive – FIs need to adapt and change their mindsets and switch from the outdated legacy systems that have been holding banks back.
Now is the time for financial institutions to completely re-architect around their customers, shift to a platform operating model, and put the user experience at the heart of their business. But this requires simultaneously changing a multitude of systems and technologies.
To date, there has not been a complete, best-in-class financial services offering that incorporated the best industry players. Until now.
Bill Borden, Corporate Vice President, Worldwide Financial Services at Microsoft
Unburden your bank by lowering spend on infrastructure, security, compliance, and controls.
Go fast – The Backbase/Microsoft combination enables banks to jump-start their digital transformation. Everything is instantly available in the cloud, fully industrialized and ready to go.
Differentiate from the competition. Financial institutions can reallocate maintenance budgets to innovation, and start delivering value to their customers again.
Microsoft Cloud for Financial Services is a select set of best-in-class industry solutions, with Backbase’s Engagement Banking Platform as the leading engagement layer. At the processing layer, Backbase Marketplace offers out-of-the-box connectors to leading lean core banking providers and best-of-breed FinTech fulfilment partners. Microsoft then adds the powerful cloud-based infrastructure layer, allowing you to move quickly and embrace an end-to-end cloud-based operating model.
The Microsoft Cloud for Financial Services is your opportunity to modernize your technology stack and reallocate your investments to innovation instead of maintaining your legacy systems. We’re excited to connect with you and tell you more about how we can revolutionize your bank on the cloud with Backbase & Microsoft.
Lee Hui Li, General Manager for Microsoft Asia Pacific shares the vision of Microsoft for the APAC region, together with strategic partner Backbase.
Microsoft and Backbase have combined forces to create a single service for banks to harness the power of the cloud, tapping into a rich partner ecosystem to accelerate modernisation for growth.
One launchpad for innovation and responsible growth in an ever-changing landscape, to serve a whole new generation of consumers looking for ways to improve their financial lives and wellness.
To create banks that people love.