20 February 2025

Backbase

Backbase and Siili Solutions join forces to accelerate banking transformation in the Nordics

Strategic partnership enables Nordic banks to rapidly innovate by modernizing outdated legacy systems.

AMSTERDAM / HELSINKI – 20 February – Backbase, the global leader in banking platforms, today announced a strategic partnership with Siili Solutions, a leading digital transformation company renowned for its deep local expertise and presence across the Nordic region. This collaboration significantly expands the regional resource pool, enabling financial institutions to address the unique demands of the Nordic market with tailored solutions their customers will love.

Local expertise meets global innovation

As Nordic banks look to modernize their services, this partnership brings together Backbase's Banking Platform with Siili's deep regional expertise and AI capabilities. As a result, banks can now move faster in their digital transformation journey, while keeping full control of their strategy.

The Nordic region represents a key market in our global growth strategy. Partnering with Siili Solutions, recognized for their outstanding track record in digital transformation and practical AI implementation, strengthens our ability to serve Nordic financial institutions. Together, we're uniquely positioned to help banks break free from legacy constraints and build their business around customer needs.

Jonas Qvarfordt
Regional Sales Director at Backbase

Real benefits driving real impact

The partnership offers Nordic financial institutions the following advantages:

  • Rapid deployment of modern banking solutions through pre-built applications and journeys
  • Catering for local needs through local implementation expertise backed by best-in-class banking technology
  • Enhanced ability to create personalized customer experiences across all channels
  • Providing practical AI implementation and strategies Accelerated time-to-market for new products and services
  • Reduced total cost of ownership through platform consolidation
Nordic banks are actively seeking ways to break free from legacy constraints and deliver the seamless, personalized experiences their customers demand. Backbase's Banking Platform provides the perfect foundation for this transformation, offering both the comprehensive functionality and flexibility needed to create truly differentiated banking experiences. When combined with our deep understanding of the Nordic market and expertise in AI implementation, we can help banks achieve their digital ambitions faster and more efficiently than ever before.

Olli Sorvari
Director of Finance Business Unit at Siili Solutions

The Backbase-Siili partnership represents more than just a collaboration – it's a commitment to revolutionizing banking in the Nordic region, with ambitions to extend this to Central Eastern Europe. With Backbase's track record of empowering over 150 financial institutions globally and Siili's deep regional expertise, Nordic banks now have access to world-class technology with local support to build the banking experiences their customers expect.

About the author
Backbase
Backbase is on a mission to to put bankers back in the driver’s seat.

Backbase is on a mission to put bankers back in the driver’s seat — fully equipped to lead the AI revolution and unlock remarkable growth and efficiency. At the heart of this mission is the world’s first AI-powered Banking Platform, unifying all servicing and sales journeys into an integrated suite. With Backbase, banks modernize their operations across every line of business — from Retail and SME to Commercial, Private Banking, and Wealth Management.

Recognized as a category leader by Forrester, Gartner, Celent, and IDC, Backbase powers the digital and AI transformations of over 150 financial institutions worldwide. See some of their stories here.

Founded in 2003 in Amsterdam, Backbase is a global private fintech company with regional headquarters in Atlanta and Singapore, and offices across London, Sydney, Toronto, Dubai, Kraków, Cardiff, Hyderabad, and Mexico City.

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