Sandstone Technology positioned as a leader in SPARK Matrix ™ 2022 for digital banking platforms for Quadrant Knowledge Solutions

  • The Quadrant Knowledge Solutions SPARK Matrix ™ provides competitive analysis and ranking of leading digital banking platform providers.

  • Sandstone Technology, with its comprehensive technology and customer experience management, has received excellent ratings in all parameters of technological excellence and customer impact.

MIDDLETON, Mass., 01 August 2022 / PRNewswire / – Quadrant Knowledge Solutions announced today that it has named Sandstone Technology a 2022 Technology Leader in its Global Market Analysis SPARK Matrix ™: Digital Banking Platforms, 2022.

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Quadrant Knowledge Solutions’ SPARK Matrix ™ includes a detailed analysis of global market dynamics, key trends, supplier landscape and competitive positioning. The study provides a competitive analysis and ranking of leading technology vendors in the form of the SPARK Matrix ™. The study offers users strategic information to evaluate the different capabilities of suppliers, competitive differentiation and market position.

According to Megha RungtaAnalyst, Quadrant Knowledge Solutions, “Sandstone’s enterprise-class predictive digital banking platform titled BXP is packed with robust digital banking capabilities that enable users to gain insights into customers, deliver a personalized customer experience, and achieve open banking compliance. company continues to deliver value to its customers through its key technology differentiators, including best-in-class mobile applications, support for the digital experience platform, the ability for banks to develop their own features and widgets, greater scalability with Kubernetes support and integration with the company’s native DIVA solution. ” added Mega: “With its ability to meet diverse use cases, a solid product strategy and roadmap, and strong industry experience, Sandstone Technology has received a strong rating across the benchmarks of technological excellence and customer impact and has been positioned among leaders in the SPARK Matrix: Digital Banking Platforms, 2022. “

Abhish Saha, Executive General Manager, Digital Banking, Sandstone Technology commented: “Banking digital transformation is a must now more than ever with the rapid pace of change in today’s financial landscape. For financial institutions, setting themselves apart from the competition ultimately means rapidly innovating and constantly finding ways to improve and future-proof their financial ecosystem. . “

Saha further added“It’s about taking a holistic view to identify where the complex can be made simple. Putting customer experience at the center of business goals helps create a digital banking offering that aligns with customer expectations, enabling the bank’s customers and employees to have better experiences. “

A digital banking platform enables banks to drive their digital transformation initiatives and provide customers with a consistent and cohesive banking experience across all digital touchpoints. The platform serves as a framework for financial institutions to gain full control over their digital strategy and allow them to tweak and optimize aspects of their operations across every device and channel.

The key value propositions of the digital banking platform, such as acquiring omnichannel customer feedback / experience, evaluating customer feedback, closing the loop, and continuously monitoring internal and external data points to improve products and services, reducing neglect, increasing customer life value, and increasing customer acquisition and retention, are driving the growth of the technology market across all geographies and industry segments. Due to increasing competition and exponential growth opportunities, several new suppliers with innovative technology offerings are emerging. Leading digital banking platform providers are making significant investments in improving the AI ​​and machine learning capabilities of their products to support a wide range of marketing and CX use cases and are leveraging automation and analytics advanced to improve overall campaign performance and effectiveness.

Additional Resources:

Information on sandstone technology

For more than 25 years, Sandstone Technology has transformed banking experiences by innovating and simplifying the customer journey and experience of banking employees. Our high customer retention rate is our proudest achievement with over 30 financial institutions in all Australia, New Zeland, Asia and the United Kingdom placing their trust in our solutions. From digital banking, digital acquisition, lending and AI-powered intelligent document processing, Sandstone works with global banks and financial institutions to reduce risk, maintain growth and create efficiencies in their transformation programs. digital.

Learn about quadrant knowledge solutions

Quadrant Knowledge Solutions is a global consulting and consulting firm focused on helping clients achieve business transformation goals with strategic consulting services for business and growth. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and consulting results are designed to provide comprehensive information and strategic insights to help clients formulate growth strategies to survive and thrive in ever-changing business environments.

For more research available, visit https://quadrant-solutions.com/market-research/

Media contacts:
Sandstone technology
Emily Bailey
[email protected]

Quadrant knowledge solutions
Riya Mehr
[email protected]

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