Technisys, the company behind the next-gen core and digital acceleration platform, Cyberbank, has been ranked as a Strong Performer by Forrester in the research firm’s recent report: The Forrester Wave: Digital Banking Processing Platforms (Retail Banking), Q3 2020. Technisys’s digital banking platform scored highest in two of the criteria: ‘Digital Banking Foundation’ and ‘Architecture’ with the report stating that: “Technisys drives business agility with a lean core and built-in flexibility.”
The Retail Banking report evaluated the 10 providers that are “most significant.” Providers were evaluated on 36 criteria and the report shows how each provider measures up and helps application development and development (AD&D) professionals select the right Digital Banking Processing Platform (DBPP) for their needs.
Forrester notes that: “US-headquartered Technisys… offers a DBPP with two major modules: Cyberbank Core and Cyberbank Digital,” and that: “Technisys’ solutions represent a good short-list choice for banks looking for a modern DBPP with a flexible architecture that supports assembling of applications.”
The report acknowledges that: “The (Technisys) DBPP leverages modern technologies such as Kubernetes, and its design supports flexibility via service composition, a lean core, and architectural decoupling.”
Why should banks care about this? Because it allows them to dynamically change banking products based on customer’s behaviors and needs. “We have built a modern digital banking platform that is enabling our customers to become an integral part of their customer’s lifestyles,” comments Miguel Santos, CEO of Technisys. “We believe this recognition from Forrester validates our commitment to helping banks achieve business agility and differentiate themselves in an increasingly competitive market.”
“We have invested significant time and effort into enhancing the platform’s functionalities as well as building our market presence in the North American region so it’s great to see Technisys recognized as a strong performer by Forrester,” said Michel Jacobs, Technisys’s new CSO responsible for the company’s growth globally with a focus in the US.