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Sopra Banking Software Establishes FinTech Marketplace with Various Offerings

Sopra Banking Software launched a marketplace for its partner FinTechs. It is hoping to fuse assistance from its environment to speed up the modernization of banking and financial systems. The marketplace will ease banks and financial institutions to influence pioneer use cases. This will possible with the help of using the power and richness of Sopra Banking Software’s products.

Sopra mentioned the marketplace aims to modernize and adopt digital transformation for banks and institutions. As it is now being convinced, the future of banking and finance lies in the strength of the digital world, Sopra Banking Software is combining its business expertise and technological strength with the innovative and digital capacities of FinTech.

This particular launch is also all about the next step of the platformisation strategy. It includes the acquisition of Fidor. Guillaume Blot, Chief Digital & Innovation Officer, Senior Vice-President at Sopra Banking Software mentions about this launch.

Blot explained the banks must offer their customers interconnected, integrated, and invisible financial services to differentiate. This direction will drive Sopra Banking Software’s teams to build a technological system combining with robust solutions. All these would happen by specialized banking technologies of FinTech. Adding to it, banks and financial institutions can thus leverage the full digitalization of use cases linked to Open Banking, customer knowledge and engagement, security, documentary management, data management and visualization, and even electronic signature.

Sopra Banking Software also pointed that it aims to continue developing innovative use cases for its customers worldwide to enable partner FinTech. This is to access new business or geographical markets. Today, Sopra Banking Software’s new Marketplace gains solutions from many FinTech partners. This panel will evolve to adapt to banking and financial usages and the challenges that lie ahead for business in the sector.

Thus, to provide the best experience to banks and financial institutions, Sopra Banking Software selects FinTech on criteria such as reliability, value-add for customers, and the speed at which their services are implemented. Also, the services to which it is integrated into Sopra Banking Software’s platforms (Sopra Banking Platform et Sopra Financing Platform).

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