Forrester: Sopra Among Top Three in Combined Deals Category
JUN 5, 2020 - 6:20 am
Sopra Banking Software, a global provider of digital banking and financing software, placed among the top three in Forrester’s 2020 Global Banking Platforms Deals Survey in the Combined Deals category.
Each year, Forrester publishes its global survey of banking and financial institution software providers. The Global Banking Platforms Deals Survey, 2020 – “The Banking Platform Market Remains Stagnant, Though Smaller Banks Are Turning To Fintechs” – is based on 35 software companies and the number of software deals they signed the previous year with both new and existing customers.
This year Forrester placed Sopra Banking Software among the global top three software providers under the combined deals category: “Sopra Banking Software has been member of the top-five group for seven years.” Sopra Banking Software is considered a major player in combined deals. As a trusted and long-term partner for banks and financial entities, Sopra Banking Software is also obtaining new customers.
Concerning the European market, Sopra Banking Software is number two in the global survey for combined deals and is top in western Europe, considering that Forrester is « seeing a Russian player with a strong Russia focus, ranked number one” according to the Forrester webinar, Avoid Selection Challenges: Use Insights About Regional And International Banking Platform Markets.
According to the survey, players are ”seeking ways to (…) broaden their footprint (…). One example of this is Sopra Steria’s joint-venture with Germany’s Sparda Bank group to deliver its Sopra Banking Platform” to the seven of the eleven Sparda banks.”
Sopra Banking’s strategy consists in investing in its long-term relationships with customers – leading banks and financial institutions in Europe and Africa – thus positioning itself as a partner of reference for their digital transformation.
Eric Pasquier, CEO at Sopra Banking Software said, ‘This recognition is aligned with our company’s strategy: to be a long-term partner able to guide Banks and Financial entities through their digital transformation to perfectly address with their customers’ growing needs across the globe.”
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