Sopra Steria supports banks and financial services to address their new challenges.
The banking and financial sector is under tremendous pressure to introduce profound changes in its business models and thereby revitalise its growth strategy.
Banks are facing greater demand for transparency in liquidity and risk management (Basel II, Basel III, IFRS9), permanent regulatory reforms and new strict regulations imposed by the European Union on payments (Single European Payments Area - SEPA).
They need to respond to increasingly demanding and volatile customers.
Sopra Steria, a trusted partner in accelerating the transformation of the banking and financial sector
Confronted with these challenges, Sopra Steria's businesses and Sopra Banking Software solutions serve as an enabler to accelerate the transformation of the banking sector.
The major business areas affected by these transformations:
- Risk management
- Regulatory Compliance
- Bank data protection
- Improving the customer experience
- Performance Optimisation
- Search for new sources of revenue
Economic constraints are forcing financial services to increase transaction volumes and reduce back-office costs by setting up shared specialisation centres, and credit and payment factories in which Sopra Banking Software solutions constitute a key element.