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Backbase recognized by the IDC MarketScape as a Leader

Backbase has been recognized as a Leader by the IDC MarketScape for North America Digital Banking Customer Experience Platforms. The IDC MarketScape assessed 11 vendor solutions and Backbase was named as a Leader.

Backbase was recognized for the following strengths:

  • Backbase has never acquired a technology solution from another vendor, creating the company a clean architecture and allowing it to focus on enhancing its solution rather than integrating acquired ones.
  • Backbase provides a single platform for all lines of businesses, including customer-facing and employee-facing applications.
  • The solution is core agnostic and has open standards and built from the ground up and on the cloud. In addition, Backbase Marketplace allows for more embedded financial solutions.
  • Solutions can be deployed either on premises, in a public cloud, or as a fully hosted solution.

This recognition is a testament to Backbase’s strategic platform vision, empowering banks to make the paradigm shift from being channel-first to customer-first.

Backbase has never acquired a technology solution from another vendor, creating the company a clean architecture and allowing it to focus on enhancing its solution rather than integrating acquired ones.

Marc DeCastro, Research Director, Consumer Banking, IDC Financial Insights