Vendor Analysis
published on Jun 22, 2020
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Report Overview:
This NelsonHall assessment analyzes Sopra Banking Software's offerings and capabilities in Transforming Mortgage and Loans Services.
Who is this Report for:
NelsonHall’s Transforming Mortgage and Loan Services Vendor Assessment for Sopra Banking Software is a comprehensive assessment of Sopra Banking Software’s Digital Banking Services offerings and capabilities designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of mortgage and loan process outsourcing and identifying vendor suitability for Transforming Mortgage and Loan Services RFPs
- Vendor marketing, sales and business managers looking to benchmark themselves against their peers
- Financial analysts and investors specializing in the support services sector.
Scope of this Report:
The report provides a comprehensive and objective analysis of the transformation of mortgage and loan services offerings, capabilities, and market and financial strength, including:
- Identification of the company’s strategy, emphases, and new developments
- Analysis of the company’s strengths, weaknesses, and outlook
- Revenue estimates
- Analysis of the profile of the company’s customer base including the company’s targeting strategy and examples of current contracts
- Analysis of the company’s offerings and key service components
- Analysis of the company’s delivery organization including the location of delivery locations.
Key Findings & Highlights:
Sopra Steria has been providing consulting, IT services, and software to the banking industry for many decades. Sopra Steria has enriched its lending practices via acquisition, including:
- December 2007, Business Architects International a consulting firm to the mortgage industry
- July 2008, acquisition of CIBF, an independent company specialized in portfolio management software development for the banking sector
- October 2011, acquisition of 100% of the share capital of Delta Informatique, an independent company offering financial software solutions
- February 2012, Callataÿ & Wouters, a Belgian company specialized in credit consulting and banking software services
- February 2012, Tieto U.K., operating as AttentiV, provided mortgages, savings, credit, and debt collections systems to banks, building societies, lenders and collection agencies in the UK.
- July 2012, Sopra Group creates Sopra Banking Software based on its own assets and those from the acquisitions of Callataÿ & Wouters and Delta Informatique
- February 2016, Cassiopae, a global vendor of specialized lending software
- October 2018, Sword Apak a global vendor of specialized lending solutions for auto, asset, and dealer finance
- April 2019 SAB a vendor of IT solutions for banks and financial institutions, with 100 clients, some of which were lenders