DEBUG: PAGE=domain, TITLE=Banking Operations & Transformation,ID=254,TEMPLATE=program
toggle expanded view
programcode = BAN
programid = 101
database = t
alerts = t
neat = t
vendors = t
forecasting = t
confidence = f
definitions = t

Search within: Banking Operations & Transformation:

Access our analyst expertise:

Only NelsonHall clients who are logged in have access to our analysts and advisors for their expert advice and opinion.

To find out more about how NelsonHall's analysts and sourcing advisors can assist you with your strategy and engagements, please contact our sales department here.

Subscribe to blogs & alerts:

manage email alerts using the form below, in order to be notified via email whenever we publish new content:

has Database = t

Contracts Database

for Banking Operations & Transformation

Track the pattern of service adoption by monitoring Banking Operations & Transformation contract awards by your peers. Identify who are the successful vendors this industry now. Updated monthly!

These documents are available to logged in clients that have purchased access to this program.

has Confidence = f -- IGNORED

Sopra Steria - Digital Banking Services

Vendor Analysis

by Andy Efstathiou

published on Nov 25, 2021

Access to this report is restricted to logged in clients with access. Login to get full access

Report Overview:

This NelsonHall vendor assessment analyzes Sopra Steria's offerings and capabilities in Digital Banking Services.

Who is this Report for:

NelsonHall’s ‘Digital Banking Services: Transforming the Financial Services Industry’ Vendor Assessment for Sopra Steria is a comprehensive assessment of Sopra Steria’s banking industry digital services offerings and capabilities designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of digital processes and identifying vendor suitability for digital 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 digital 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 IT services to the BFS industry for many decades. It has built its practices via acquisitions. Key acquisitions include:

  • 2012: Sopra Steria creates Sopra Steria Banking Software from the acquisitions of Callataÿ & Wouters and Delta Informatique 
  • 2016 to 2019: Sopra Steria acquires lending solution vendors, including Cassiopae, Sword Apak, and SAB; to expand its lending capabilities
  • 2020: Sopra Steria acquires Fidor Solutions, a digital banking software specialist, to accelerate its digital banking services initiatives. It acquires Sodifrance, a specialist in legacy platform modernization. It acquires Cxpartners, a U.K.-based customer consultancy firm that designs and develops web and mobile experiences for its users.  
  • 2021: Sopra Steria acquires Labs, a Norway-based consultancy specializing in digital user experience. It acquired Luminosity, a digital auditing and risk management software vendor. It acquired Labs, a consultancy specializing in digital user experience based in Bergen, Norway. It intends to buy EVA Group is a French cybersecurity firm.

Sopra Steria began working with bank startups in 2002 when it supported a Netherlands headquartered bank in setting up digital banks in multiple countries. It formally set up its digital services in 2015 as part of the Sopra Steria banking software unit. 

Login to get full access:

close