Backbase Doubles Software Revenue; Adds Tier-1 Customers Worldwide

13 MARCH 2012, AMSTERDAM, THE NETHERLANDS
Summary
Backbase, the Bank 2.0 specialist, announced it has completed its most successful year to date. The financial services software maker saw strong growth with the biggest spike coming from licenses.
Backbase expanded its client base with Tier-1 customers in North America, Western Europe, the Middle East and the Russia. Additionally, Backbase extended its geographic reach, opening a North American office in New York City. It also released Portal 5 with a focus on giving more control to e-business users to manage and optimize their online channel.

Commenting on the achievement Backbase CEO Jouk Pleiter said: “I can’t say enough about the hard work we have put into making our customers successful and continuously improving our software to better solve our customer’s key needs. With all the momentum we have gained we expect 2012 will be even better.”
Quotes
"I can’t say enough about the hard work we have put into making our customers successful and continuously improving our software to better solve our customer’s key needs. With all the momentum we have gained we expect 2012 will be even better." Jouk Pleiter, CEO & Co-Founder of Backbase
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About Backbase

Backbase is a fast growing fintech software provider that empowers financial institutions to accelerate their digital transformation and effectively compete in a digital-first world.

We are the creators of the Backbase Omni-Channel Banking Platform, a state-of-the-art digital banking software solution that unifies data and functionality from traditional core systems and new fintech players into a seamless digital customer experience. We give financials the speed and flexibility to create and manage seamless customer experiences across any device, and deliver measurable business results. We believe that superior digital experiences are essential to stay relevant, and our software enables financials to rapidly grow their digital business.

More than 80 large financials around the world have standardized on the Backbase platform to streamline their digital self-service and online sales operations across all digital touchpoints. Our customer base includes Al Rajhi Bank, ABN AMRO, Barclays, CheBanca!, Credit Suisse, Fidelity, Hapoalim, HDFC, Hiscox, ING, KeyBank, Legal & General, NBAD, OTP, PZU, PostFinance, Societe Generale de Banque au Liban and Westpac.

Industry analysts Gartner, Forrester and Ovum recognize Backbase as an industry leader in terms of omni-channel banking platform capabilities, and award the company high marks for its deep focus on customer experience management and unparalleled speed of implementation. Forrester named us a leader in the Forrester Wave for Omni-Channel Banking.

Backbase was founded in 2003, is privately funded, with headquarters in Amsterdam (HQ Global) and Atlanta (HQ Americas) and regional operations in London, Mumbai and Singapore.

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