Tink named a leader by Forrester

3 min read|Published March 21, 2023
Tink named a leader in open banking intermediaries in analyst report

From staying compliant to finding new ways to add value, open banking intermediaries have come a long way. Against this backdrop, Forrester has independently assessed the top open banking intermediaries. The Forrester Wave™: Open Banking Intermediaries, Q1 2023 has just evaluated its ‘Challengers’, ‘Contenders’, ‘Strong Performers’, and ‘Leaders’ – and has named Tink among the ‘Leaders’.

TL;DR – Quick summary
  • Industry expert analyst firm Forrester has assessed top opening banking intermediaries and named Tink a leader.

  • ‘The Forrester Wave™: Open Banking Intermediaries, Q1 2023’ report evaluates open banking intermediary vendors against 24 criteria, comparing their current offering, strategy and market presence.

  • Find out how to get your copy of Forrester’s evaluation in this post.

TL;DR – Quick summary
  • Industry expert analyst firm Forrester has assessed top opening banking intermediaries and named Tink a leader.

  • ‘The Forrester Wave™: Open Banking Intermediaries, Q1 2023’ report evaluates open banking intermediary vendors against 24 criteria, comparing their current offering, strategy and market presence.

  • Find out how to get your copy of Forrester’s evaluation in this post.

Premier research and advisory analyst firm, Forrester, produces independently evaluated guides for buyers considering their purchasing options in the technology marketplace. ‘The Forrester Wave™: Open Banking Intermediaries, Q1 2023’ report assesses the most significant open banking intermediary providers against 24 criteria, grouped into three high level categories: current offering, strategy, and market presence. After researching, analysing and scoring Tink alongside the other evaluated providers, Forrester has ranked Tink as a ‘Leader’ in open banking intermediaries. Read on for Tink’s takeaways, and get your copy of The Forrester Wave™ analysis here.

We support countless use cases with comprehensive capabilities

We believe this drive for forming strategic partnerships and a focus on solutions led to the conclusion that ‘Tink excels in offering off-the-peg use cases and user-facing financial management, with turnkey solutions such as identity and verification services, risk assessment, and personal financial management (PFM) and business financial management (BFM) insights, with multiple payment options.’

Maturity, broad coverage and putting our clients first

To us, ensuring a well-maintained developer portal to complement the seamlessness of Tink’s single API helped to position Tink as one of the leaders in Forrester’s open banking intermediaries evaluation.
Tink’s ‘comprehensive developer portal supports team-based working and has a wide library of tools, SDKs, and sample projects to accelerate implementation.’ In addition, ‘Reference customers praised Tink highly for maturity and breadth of coverage, great service, client focus, and desire to perform. Reference customers also cited roadmap strength, continuous improvement, and responsiveness to innovation requests.’

The Forrester report states that, ‘…open banking intermediary customers should look for providers that:

  • align most closely to their current needs – and offer future flexibility…

  • can help them elevate open finance within their firm…[and]

  • are clear about their future direction.’

In assessing Tink’s capabilities, the Forrester report found that ‘Tink is ideal for all, especially medium and large firms needing a robust, performant solution that can scale.’

It’s an honour to be recognised by Forrester’s independent research, particularly in an ever changing industry that places constant demands on open banking vendors for innovation. The Forrester Wave™: Open Banking Intermediaries, Q1 2023 report motivates us to keep pushing the envelope. However, it’s also a great reminder of who financial services are for – consumers. Helping businesses create more choice for their customers is at the heart of what we do. To deep dive into how our platform stacks up against the top providers, get your copy of the Forrester report below.

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