Sopra Banking Platform

The Sopra Banking Platform is a solution designed to drive banking transformation at scale. According to Sopra Banking Software, the platform is tailored for both large and small banks, operating locally or globally. It caters to various professions and industries, including retail banks, commercial banks, corporate banks, financial institutions, and banking technology providers.

Key Features

Component-based: Sopra Banking Platform offers a diverse catalog of fine-grained business components that can be selected and combined to create a customized banking solution. According to the vendor, this component-based approach allows for flexibility and scalability in meeting the specific needs of different banks.

Microservices & containers: The platform leverages microservices and containers to foster digital innovation and openness. According to Sopra Banking Software, the microservices architecture enables the development and deployment of independent and scalable services, while containers provide a lightweight and portable environment for running these services, ensuring flexibility and efficiency.

API Platform: Sopra Banking Platform includes an API management platform that enables banks to build, manage, analyze, and extend APIs to design improved customer experiences. The vendor also provides an API gateway and API analytics for enhanced security, scalability, and availability.

Large API catalog: The platform offers an extensive catalog of over 400 APIs covering a wide range of business functionalities. According to Sopra Banking Software, these APIs facilitate seamless integration of various systems and services, providing banks with customization options and flexibility.

Security by design: Sopra Banking Platform prioritizes security and compliance with legal and security-driven requirements to ensure data protection and privacy. The platform incorporates a range of security tools and features, including a zero-trust model, anomalies detection, bug bounty program, and AI leverage.

High performance: The platform is optimized for high performance, efficiently processing and handling high volumes of data and transactions. According to the vendor, it can easily meet the demands of large banks and financial institutions, contributing to a seamless and reliable banking experience.

Omnichannel banking: Sopra Banking Platform enables banks to provide a consistent customer experience across multiple channels. It supports mobile and web apps, in-branch services, WhatsApp integration, and agency services. The platform ensures continuity in customer interactions, regardless of the channel used.

End-to-end approach: The platform offers comprehensive solutions for all layers of banking, including back-end integration and front-end customer support. It covers a wide range of banking functionalities, such as core banking, deposits and savings, lending, payments and cards, risk, regulation and reporting, and open banking. Sopra Banking Software provides a holistic solution for banks.

Open banking: Sopra Banking Platform enables banks to access customer data from over 3,400 financial institutions, facilitating open banking initiatives. The platform allows banks to offer innovative services and products, and provides off-the-shelf business cases for quick implementation.

Progressive transformation: The platform supports progressive transformation and modernization of banks. According to the vendor, banks can initiate their transformation journey at any point and gradually adopt new components and functionalities. The component-based approach allows banks to evolve their systems incrementally, minimizing disruption and risk.