The leading global market research company Forrester has included Vilja, as the only Nordic digital banking platform vendor, in their newly published report: Now Tech: Digital Banking Processing Platforms (Retail Banking), Q1 2022, authored by Forrester vice president and principal analyst Jost Hoppermann.

The overview is based on market presence and functionality. Vilja’s core banking platform is identified in the New School vendor functionality segment. Vendors in this segment offer “state-of-the-art technology.”

The report defines digital banking processing platform (DBPP) as: “A comprehensive but modular/componentized set of banking applications designed to cover areas such as retail or corporate banking. Further, digital banking processing platforms comprise core banking functions and support processes in near real-time, provide insightful information, allow rapid product development, and expose their business capabilities via APIs.”

According to the report, the digital banking platforms help banks and fintech companies to “prepare their application landscapes for continuous change… deliver new banking capabilities fast and build on them to differentiate…[and] seamlessly support business processes.”

“We are delighted to be recognized in the New School vendor functionality segment by Forrester. As the only Nordic player included in this report, we are convinced that to succeed you need to have an end-to-end digital solution that enables banks and fintech companies to offer innovative, flexible and scalable products. To allow this, a rock-solid API first strategy is vital. Being strong in the Nordic region, our next step is to get a bigger footprint in Europe.” says Fredrik Ulvenholm, CEO at Vilja.

Download the full report here.