Press Release, 23 March 2017

Backbase selects Cardiff to launch its UK R&D centre

  • Jenny Maat
  • March 23, 2017

Wales is quickly becoming an important region, with Welsh tech businesses on the rise, new tech hubs, tech events and entrepreneurs emerging across the region. According to law firm Nockolds, the total number of tech businesses in Wales grew from 3,000 in 2014 to 3,275 in 2016, representing a 9.2% increase, while London only experienced a 11.6% rise in comparison.

Backbase, together with the Welsh Government, are contributing to this growth and helping to strengthen the technology community, support the region’s economy and local employment, as well as attract new talent to the area. Backbase has plans to further grow this new office with expectations to double the number of employees by the end of the year.
Cardiff has thriving tech clusters of innovative businesses and is set to further grow as businesses look towards more affordable space and access to a pool of local tech talents, graduating in specialisms such as app & software development, cyber security and social networks. It was an obvious fit for Backbase in selecting Cardiff for its new R&D office which is located in the Atlantic Wharf area.

Backbase has offices in Europe, the US and Asia and is the market leader in omni-channel banking software having worked with 80 large financials around the world to streamline their digital self-service and online sales operations across all digital touchpoints. Their customer base includes the likes of Metro Bank, Barclays, CheBanca!, Hiscox, ING, KeyBank, Societe Generale and Westpac.

Chris Whitcombe, VP Software Design at Backbase comments,”We are delighted to be joining the flourishing tech community in Cardiff. The region is showing great potential and has experienced fast growth in the last two years. We look forward to discovering its local treasures as well as its local tech talents,” says Chris Whitcombe.

An official ceremony will take place in Cardiff on the 23 March at The Bonded Warehouse, Atlantic Wharf.

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