9 September 2021

Backbase

Backbase Recognized as a Leader in Digital Banking Engagement Platforms and Hubs Evaluations by Independent Research Firm

“Backbase sets the pace in feature breadth and future capabilities”, according to Digital Banking Engagement Platforms Report

Engagement Banking technology provider Backbase announced today that it has been named a leader in The Forrester Wave™: Digital Banking Engagement Platforms Q3 2021 report, as well as a leader in The Forrester Wave™: Digital Banking Engagement Hubs, Q3 2021 report.

These reports by independent research analyst firm Forrester show how each vendor measures up and aims to help banks select the right partner for their engagement banking platform strategy. In both reports, Backbase was evaluated among the most significant vendors across 35 (DBEP) and 30 (DEBH) criteria respectively.

In the Digital Banking Engagement Platforms Wave, Forrester states that

“Backbase has some of the most comprehensive retail, business, and corporate banking apps and services in this evaluation. The solution stands out for its architectural sophistication, flexibility, and extensive delivery options and shows no real weaknesses today.”

The DBEP Wave goes on to state that Backbase is a good choice for banks seeking a solution that provides both state-of-the-art technology and broad off-the-shelf business capabilities, as well as the necessary customer experience flexibility. We believe these benefits make Backbase a strong partner for any bank that wants to adopt a legacy-free, unified platform approach, while at the same time delivering the right off-the-shelf capabilities and still have the flexibility to optimise their offerings tailored to their customers.

We are proud to see that, in our opinion, we’ve further solidified our position as a leader in Engagement Banking. We started our journey with an ambition to disrupt the industry by offering something radically different: a legacy-free, unified platform, delivering seamless experiences for both customers and employees. We believe the recognition from such a respected analyst firm validates our vision and strategy. We will continue to deliver on it by further building our Engagement Banking Platform, combining best-in-class technology with the execution leadership required to help our customers, banks of all sizes, unlock the value of their digital transformation.

Jouk Pleiter
CEO and Founder at Backbase

All the insights and scores can be found in the full report: Download The Forrester Wave™: Digital Banking Engagement Platforms Q3 2021.

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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