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Sopra Banking Software - Transforming Financial Services with Cloud, SaaS, and BPaaS Services

Vendor Analysis

by Andy Efstathiou

published on Jan 09, 2023

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Report Overview:

This NelsonHall vendor assessment analyzes Sopra Banking Software's offerings and capabilities in Cloud, SaaS, and BPaaS services for the banking and financial services sector

Who is this Report for:

NelsonHall’s ‘Transforming Financial Services with Cloud, SaaS, and BPaaS Services’ profile on Sopra Banking Software is a comprehensive assessment of Sopra Steria’s offerings and capabilities for the BFS sector, designed for:

  • Sourcing managers monitoring the capabilities of existing suppliers of Cloud, SaaS, and BPaaS processes and identifying vendor suitability for Cloud, SaaS, and BPaaS 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 Sopra Steria’s BFS-focused Cloud, SaaS, and BPaaS service offerings, capabilities, and market and financial strength, including:

  • Identification of the company’s strategy, emphasis, 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 specializes in consulting, digital services, and software development. In 2012 Sopra started Sopra Banking Software (SBS) to deliver solutions and managed services to BFS institutions. Over time it has continuously expanded the functionality of its software to support additional products and sub-industry processes. Software delivery methods range from onsite licensed software to SaaS. SBS is now building offerings that provide PaaS (platform-as-a-service). Sopra Steria’s default deployment method today is SaaS delivery.

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