Author: Finextra

banking fintech

Sopra Banking Software unveils fintech marketplace

Sopra Banking Software, leading partner of over 1,500 financial institutions across the world, announces the launch of its Marketplace aiming at accelerating modernisation and platformisation of banking and financial systems.This new Marketplace consolidates all offers provided by its partner FinTech. It will enable banks and financial institutions to leverage innovative use cases, combined with the power and richness of Sopra Banking Software’s products.

A powerful ecosystem supporting banking and finance of the future.

By launching this marketplace Sopra Banking Software is clearly demonstrating its aim to deliver modernisation and digital transformation for banks and financial institutions. Convinced that the future of banking and finance lies in the strength of a diverse ecosystem, Sopra Banking Software is combining its business expertise and technological strength with the innovative and digital capacities of FinTech. In doing so, it is boosting its platformisation strategy already strengthened with the acquisition of Fidor and its Marketplace at the start of the year.

Banks and financial institutions can thus leverage the full digitalisation chain and use cases linked to Open Banking, security, customer knowledge and engagement, data management and visualisation, documentary management, and even electronic signature. Sopra Banking Software aims to continue developing innovative use cases for its customers across the world, and thus enable partner FinTech to access new, either business or geographical, markets.

A scalable Marketplace that adapts to business requirements

Today, Sopra Banking Software’s new Marketplace integrates solutions from numerous FinTech partners who are recognised in their domain; this panel that will constantly evolve in order to adapt to banking and financial usages and the challenges that lie ahead for business in the sector.

In order to provide the best possible experience and offer to banks and financial institutions, Sopra Banking Software selects FinTech based on several criteria: added value for customers, reliability, and the speed at which their services are implemented and integrated into Sopra Banking Software’s platforms (Sopra Banking Platform et Sopra Financing Platform).

Guillaume Blot, Chief Digital & Innovation Officer – Senior Vice-President at Sopra Banking Software explained “To differentiate themselves banks must offer their customers interconnected, integrated and invisible financial services. This insight is driving all of Sopra Banking Software’s teams who are working every day to build a technological ecosystem combining our robust solutions with open and specialised banking technologies provided by increasingly innovative FinTech. We are combining this ecosystem in our new Marketplace so that our customers can develop unique customer experiences”.

Source: Finextra

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