Codebase Technologies and BankBI help banks transform data usage

By Edil Corneille

Codebase Technologies (CBT), a global open API banking solution provider, and BankBI have entered into a partnership to augment CBT’s digital banking suite with enhanced performance management and superior data-driven insights.

BankBI is a UK based company founded in 2013 with a 100 per cent focus on automated financial, product, and customer-related performance management, data-driven insights, and benchmarking for conventional and Islamic banks, credit unions, and microfinance institutions.

Generally, the legacy systems of banks and financial institutions aren’t equipped for sustained technological innovations that meet dynamic customer needs. Traditional institutions struggle to balance the ever-growing data demands across their value chains with the capabilities of their technology infrastructure.

This strategic partnership will leverage BankBI’s business intelligence application to further augment Codebase Technologies’ digital banking suite, thereby helping banks transform how they use data and insights to drive strategic business decision making.

BankBI was born in the cloud as a SaaS application. It serves around 60 customers in 40 countries, all implemented and supported remotely.

Codebase Technologies’ Managing Partner, Raheel Iqbal commented, “with this partnership, we are delivering on our mission to further demystify digital financial services. BankBI’s cloud-enabled solution will now be available pre-integrated with our award-winning Digibanc™ digital banking platform, for our existing and future customers.”

BankBI CEO, Graham Goble commented, “We’re excited to partner with Codebase and their suite of digital banking solutions. With this integration we can help Banks achieve results in days, not years, and enable the senior management in the Banks to make informed, daily, data-driven decisions to manage their financial performance and effectively unlock the power of their Banking data.”

With presence and customers across 4 continents, Codebase Technologies with its suite of products including Digibanc™, a comprehensive one-stop ‘Bank in box’, helps its customers unlock the true potential of the digital financial eco-system.