Abacus Business Software Becomes a New bLink Participant

Abacus Research AG, based in Wittenbach in the canton of St. Gallen, has now connected its Abacus Business Software to bLink, the open banking platform of SIX.

Abacus Business Software Becomes a New bLink Participant
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As the leading provider of accounting and ERP software in Switzerland, with over 65,000 SME users, Abacus is setting a strong example for modern connections with financial institutions based on API interfaces. The company has been developing solutions for Swiss companies for over 40 years and is one of the most important technology partners in the fields of finance, human resources, administration and supply chain. The connection of the Abacus Business Software to bLink marks another milestone in the company’s strategic orientation towards open, standardized interfaces in the financial sector.

From AbaNinja to the Flagship Abacus Business Software

Abacus has been using the bLink platform since the introduction of the cloud-based solution, AbaNinja, and has thus been able to gain initial experience with the platform. With the connection of the Abacus Business Software, the company’s central product now follows.

The bLink connection creates a secure, uniform and future-proof basis for electronic data exchange with banks. By standardizing via the platform, various bank details, transaction information and payments can be integrated more efficiently into the Abacus Business Software.

Daniel Geisser, Product Manager Expense Management & Electronic Banking at Abacus

You can find the complete media release from Abacus here.

bLink as a Key Platform in the Swiss Financial Ecosystem

SIX bLink is the leading open banking platform in Switzerland. It enables a standardized, secure and scalable connection between financial institutions and third-party providers such as software companies, fintechs and wealthtechs. The platform supports the digitalization of financial processes, reduces integration efforts through a central interface, and builds trust thanks to certified partners and the highest security standards.

Today, over 60 banks and more than 30 fintechs are active on bLink, including major banks, cantonal banks and innovative technology providers. The number of platform participants is growing continuously and underlines the central role of bLink in the Swiss financial ecosystem.