In its Q2 2026 evaluation of Digital Banking Engagement Platforms, Forrester assessed 11 vendors across current offering, strategy, and market presence.
The Backbase AI-native Banking OS was positioned as a Leader and named a Customer Favorite - recognized for its vision of unification and shared truth across banking systems, superior agentic AI capabilities, and one of the highest R&D-to-revenue ratios in the evaluation.
Forrester specifically identified Nexus, Backbase's Semantic Layer, as a competitive advantage, and noted that reference customers would enthusiastically select Backbase again.

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The solution stands out for its architectural sophistication, flexibility, and extensive delivery options and shows no real weaknesses today.