{"id":524044,"date":"2021-11-15T09:09:28","date_gmt":"2021-11-15T09:09:28","guid":{"rendered":"https:\/\/ibsintelligence.com\/?post_type=ibsi_news&#038;p=524044"},"modified":"2021-11-15T09:09:28","modified_gmt":"2021-11-15T09:09:28","slug":"backbase-and-microsoft-partner-to-re-architect-banking-around-the-customer","status":"publish","type":"ibsi_news","link":"https:\/\/ibsintelligence.com\/ibsi-news\/backbase-and-microsoft-partner-to-re-architect-banking-around-the-customer\/","title":{"rendered":"Backbase and Microsoft partner to re-architect banking around the customer"},"content":{"rendered":"<p><span data-preserver-spaces=\"true\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-517230 alignright\" src=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/backbase.jpeg-300x300.jpg\" alt=\"\" width=\"175\" height=\"175\" srcset=\"https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/backbase.jpeg.jpg 300w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/backbase.jpeg-150x150.jpg 150w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/backbase.jpeg-100x100.jpg 100w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/backbase.jpeg-60x60.jpg 60w, https:\/\/ibsintelligence.com\/wp-content\/uploads\/2021\/09\/backbase.jpeg-90x90.jpg 90w\" sizes=\"auto, (max-width: 175px) 100vw, 175px\" \/><a href=\"https:\/\/www.backbase.com\/\">Backbase<\/a>, the global Engagement Banking Platform provider, announced its global collaboration with <a href=\"https:\/\/www.microsoft.com\/en-us\/industry\/financial-services\/microsoft-cloud-for-financial-services\">Microsoft<\/a> to help financial institutions move into the Engagement Banking Era with the first fully integrated financial services cloud stack. The collaboration, which sees Backbase&#8217;s Engagement Banking Platform serving in the engagement layer within Microsoft Cloud for Financial Services, helps financial institutions re-architect banking around their customers and accelerate their digital transformation.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The combined value proposition of Backbase&#8217;s Engagement Banking Platform on Microsoft Cloud for Financial Services offers a complete industrialized stack of pre-integrated capabilities that address banks&#8217; critical requirements for effectively executing their digital transformation:<\/span><\/p>\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">Customer Engagement Layer\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">&#8211; The Backbase Engagement Banking Platform brings the customer-facing element, breaking down channel silos, providing a single orchestration hub to streamline any customer journey across every digital touchpoint.<\/span><\/li>\n<\/ul>\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">Employee Productivity &amp; Banking Processing Layer\u00a0<\/span><\/strong><span data-preserver-spaces=\"true\">&#8211; On the employee productivity side, Microsoft brings its widely used business applications such as Microsoft Dynamics 365, Power Platform and Microsoft 365, including Teams, that offer seamless interoperability with the Backbase Engagement Banking Platform. The Backbase Marketplace offers out-of-the-box connectors to leading core banking providers and best-of-breed FinTech fulfilment partners on the banking processing side.\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li><strong><span data-preserver-spaces=\"true\">Cloud Infrastructure Layer<\/span><\/strong><span data-preserver-spaces=\"true\">\u00a0&#8211; Microsoft leads this element with its Microsoft Azure cloud computing platform, with Backbase&#8217;s Engagement Banking Platform fully using the underlying Azure capabilities.<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">Jouk Pleiter, CEO at <a href=\"https:\/\/ibsintelligence.com\/ibsi-news\/first-bank-selects-backbase-to-upgrade-its-digital-banking-experience\/\">Backbase<\/a>, said: &#8220;Most of our clients tell us they need to fast-track their digital transformation. Everybody&#8217;s competing for speed. But that is easier said than done. Digital transformation is challenging, requiring institutions to simultaneously modernize a multitude of complex business systems as well as their infrastructure. Together with Microsoft, we can deliver so much more value in less time, enabling organizations to quickly adopt solutions specifically built for their industry. You can now use modular solutions with built-in industry standards that augment your organization&#8217;s current investments and are extensible as business needs evolve and grow. Together we break down data silos, helping organizations take a data-first approach with a common data model that unifies information while adhering to industry compliance standards.&#8221;<\/span><\/p>\n","protected":false},"author":18,"featured_media":517230,"parent":0,"template":"","categories":[11382,11376,11397],"tags":[16082,11950,11649,11409,11508,11515,12704,11746],"class_list":["post-524044","ibsi_news","type-ibsi_news","status-publish","has-post-thumbnail","hentry","category-cloud","category-digital-banking","category-saas","tag-azure","tag-backbase","tag-digital-banking","tag-digital-transformation","tag-europe","tag-fintech","tag-microsoft","tag-online-banking"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.9 (Yoast SEO v24.1) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Backbase and Microsoft partner to re-architect banking around the customer<\/title>\n<meta name=\"description\" content=\"Backbase, the global Engagement Banking Platform provider, announced its global collaboration with Microsoft to help financial institutions\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ibsintelligence.com\/ibsi-news\/backbase-and-microsoft-partner-to-re-architect-banking-around-the-customer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Backbase and Microsoft partner to re-architect banking around the customer\" \/>\n<meta property=\"og:description\" content=\"IBS Intelligence (IBSi) is the world\u2019s only pure-play Financial Technology focused research, advisory, and fintech news analysis firm, with a 30-year track record and clients globally. 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