Sopra Steria, a European leader in consulting, digital services and software development, announced today that its Digital Banking Services have been ranked among the "leaders" in the latest NelsonHall NEAT analysis on the Digital Services market segment.
Sopra Steria has been providing IT services to the banking and financial services industry for many decades and has strengthened its offering through strategic acquisitions, such as Fidor Solutions and Luminosity. In addition, the Group continues to expand its capabilities with emerging technology from its FinTech ecosystem and its expanding product capabilities, which are currently focused on payments, lending, data management, environmental, social and governance (ESG), and cybersecurity.
Today, clients from the banking and financial services industry are turning to Sopra Steria to deploy digital technologies and services in order to reduce costs, increase agility, reduce time-to-market for products and services, and improve the customer experience.
NelsonHall's NEAT report, which assesses 17 of the world's leading digital banking services and consultancy providers, praises Sopra Steria's robust digital banking services business, with a cloud-delivered open platform focused on European and African banks' requirements.
NelsonHall's recognition of Sopra Steria as a leader in digital banking services is based on the following elements:
- Strong positioning in European banking market with strong onshore delivery capabilities;
- Proprietary core banking platforms with prebuilt APIs to multiple solutions. Includes a bank-in-a-box version for rapid deployment;
- Strong SaaS and managed services offerings for its proprietary products;
- Experience in cloud migration services for Banking and Financial Services (BFS) with a large partner ecosystem.
Andy Efstathiou, Director of NelsonHall’s Banking Operations & Transformation practice, said “Sopra Steria was identified as a Leader in digital banking services based on strong SaaS and managed services offerings for its proprietary core banking platforms with prebuilt APIs. In addition, in IT services, Sopra Steria has strong capabilities in cloud migration services and open banking enablement focused on European and African banks' requirements.”
Nicolas Aidoud, Group Executive Head of Financial Services at Sopra Steria added, “We are very proud to be recognized as a leader in Digital Banking Services, which confirms our positioning both as a software and digital banking services leader. Sopra Steria will continue to invest in emerging technologies to develop further digital capabilities. This will accelerate our growth in digital and cloud in the European financial services market.”