Backbase is named a leader in the Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019
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Independent research analyst, Forrester, recently released their latest report which shows how each digital banking engagement platform measures up. The report aims to help banks select the right solution for their omni-channel banking strategy.
Lead by example
Backbase was evaluated among 13 of the most significant providers across 28 criteria. After careful assessment, the Amsterdam-based provider was named a leader and received the highest score possible in the product vision, touch-points, and number of customers criteria.
Forrester states that: “Most DBEPs in this evaluation provide channel-specific retail, business, and corporate banking capabilities that are good enough for most banks, but Backbase’s DBEP belongs in the top group in this respect.”
Flexibility meets time to market
The report further states that Backbase is deemed a good choice for banks that require state-of-the-art technology, as well as a broad spectrum of off-the-shelf business capabilities. In Backbase’s vendor profile, Forrester states that:
“Backbase stands out for a digital banking front end without any major gaps”.
Additionally, Forrester mentions that Backbase’s application architecture, infrastructure, and integration capabilities broadly support building new cross-channel capabilities. Backbase believes that these benefits makes them a strong partner for any bank who requires speed and flexibility.
In response to their latest ranking, Tim Rutten, VP strategy at Backbase mentions: “Independent research reports such as these help banks find the best solution for their needs. To continue to be recognised as a leader in The Forrester Wave is a tremendous honor.”
Download the free The Forrester Wave™: Digital Banking Engagement Platforms, Q3 2019 report here
Backbase Connect 2019
The Forrester recognised provider continues to inspire and educate financial institutions during their yearly conference Backbase Connect. If you would like to join industry experts from top financial institutions like RBC, HSBC and ABN AMRO, you can save a seat here.
