Backbase Launches Grand Central: A Next-Generation Integration Solution with $10 Million Innovation Fund

Backbase Launches Grand Central: A Next-Generation Integration Solution with $10 Million Innovation Fund

Backbase, a leading provider of loan management and origination software and systems, has announced the launch of Grand Central, a next-generation integration solution designed to help financial institutions connect with their customers and partners in a more efficient and effective way.

Grand Central is a cloud-based platform that enables financial institutions to integrate with a wide range of third-party applications and services, including those for:

  • Customer relationship management
  • Lending
  • Payments
  • Risk management

By using Grand Central, financial institutions can eliminate the need for custom integrations, which can be time-consuming and expensive. Grand Central also provides a single point of access to all of a financial institution's integrated applications and services, making it easier for employees to access the information they need to serve customers.

In addition to its integration capabilities, Grand Central also includes a number of other features that can help financial institutions improve their operations, including:

  • A low-code/no-code development environment that makes it easy to build custom applications and workflows
  • A data lake that stores all of a financial institution's data in a single, secure location
  • A set of pre-built connectors that can be used to integrate with a variety of third-party applications and services

Backbase is also launching a $10 million innovation fund to support the development of new applications and services that can be integrated with Grand Central. The fund will be used to invest in startups and other companies that are developing innovative solutions for the financial services industry.

"Grand Central is a game-changer for financial institutions," said Backbase CEO Jouk Pleiter. "It will enable them to connect with their customers and partners in a more efficient and effective way, and it will give them the tools they need to innovate and grow."

To learn more about Grand Central, please visit https://www.backbase.com/grand-central/.

To schedule a demo, please call toll-free at (877) 227-7271 or visit https://www.fundingo.com/contact-us/.

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