header icon
Solutions
header icon
Products
header icon
Platform
header icon
Developers
header icon
Company
English
English
DIGITAL BANKING PLATFORM EARNS TOP SCORE IN ARCHITECTURE CRITERIA

Digital Banking Platform Earns Top Score in Architecture Criteria

January 12, 2021

MIAMI, January 12, 2021: Technisys, the company behind the next-gen core and digital acceleration platform, Cyberbank, has been ranked as a Strong Performer by Forrester. 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.

About Technisys

Technisys is the innovative digital banking company helping established banks to transform to digital, and challenger, neo banks and fintech companies jump-start. It offers a Digital Engagement accelerator and Next-Gen Core banking platform that allows banks to differentiate by adapting to changing consumer behaviors and becoming an integral part of their customers’ lives. Two components, a single architecture. Cloud Native, API-centric and microservices based, a one of a kind digital banking backbone. Technisys’s culture lies in its innovation, its human capital talent and its vision of the future making the company a strong ally for its customers in the financial industry who need to compete in this new digital age.

Note: This article was originally published on technisys.com which was acquired by SoFi Technologies in February 2022 and is the parent company of Galileo.

May 14, 2024

Galileo Highlights its Comprehensive Financial Technology Platform at the Chile Fintech Forum 2024

This is Galileo's first event in Chile following the acquisition of the Argentine unicorn Technisys. As a pioneer in financial technology with 23 years in the industry, the firm offers unparalleled experience and scalability.

See More
April 29, 2024

Galileo Tops 150 Million Accounts in Another Strong Quarter

SoFi’s technology platform, which comprises Galileo Financial Technologies and the Technisys cloud-based core banking services platform, surpassed 150 million total enabled accounts saw continued year-over-year net revenue growth in the first quarter of 2024.

See More
April 16, 2024

Rapid Finance Taps SoFi and Galileo to Enable Small Business Financing

Learn about the new Rapid Access Mastercard by Rapid Finance, in collaboration with Galileo and SoFi Bank. Tailored for small businesses, this card offers flexible, instant access to funds, empowering SMBs with the financial solutions they need to thrive.

See More
March 19, 2024

Galileo Launches BNPL Post-Purchase for Credit & Debit

The new BNPL post purchase offering helps banks and fintechs give consumers greater financial flexibility

See More
March 4, 2024

Galileo Expands Collaboration with The Bancorp to Offer Real-Time Payments via The Clearing House

Galileo and The Bancorp integration supports the seamless implementation of instant payments.

See More