Vendor Analysis
published on Jun 18, 2025
Report Overview:
This NelsonHall vendor assessment analyzes Sopra Banking Software's offerings and capabilities in Mortgage & Loan Services
Who is this Report for:
NelsonHall’s ‘Transforming Mortgage and Loan Services’ profile on Sopra Banking Software is a comprehensive assessment of Sopra Banking Software’s offerings and capabilities for the mortgage and loan sector, designed for:
- Sourcing managers monitoring the capabilities of existing suppliers of technology and operational services and identifying vendor suitability for mortgage and loan services in 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 Sopra Banking Software’s BFS-focused mortgage and loan service offerings and capabilities and market and financial strength, including:
- Identification of the company’s strategy, offerings, 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 Sopra Banking Software service components
- Analysis of the company’s delivery organization including the location of delivery centers.
Key Findings & Highlights:
Since its inception, Sopra Steria has provided services to the financial services industry. It generates approximately 20% of its revenues from the BFS industry. Sopra Banking Software was the banking software business within Sopra Steria.
In 2024, Sopra Steria sold its Sopra Banking Software (SBS) unit (€336.3m in 2023 revenues) to Axway, which was another software company that Sopra Steria had a stake in. The new publicly listed company, which focuses solely on software, is called 74Software and has two operating businesses: Axway and SBS Software. Sopra Steria sold its software business to concentrate on digital services and solutions. It continues to partner with SBS and deploy its solutions.
SBS Software delivers services to lenders using two proprietary platforms: one for the U.K. and one for the remaining markets. Its U.K. business is focused on supporting building societies and mortgage brokers. Its business outside the U.K. delivers services to various lenders, including commercial, consumer mortgage, and consumer unsecured. Over time, it has expanded its software delivery methods from onsite licensed software to cloud-delivered.
