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Sopra Banking for Direct Banks

Advantages in a nutshell

  • straight-through processing (STP)
  • short implementation time
  • improved data management
  • low TCO
  • no bricks, just clicks

Related Case Studies

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Since the meteoric rise of the internet, online-only banks have become a viable alternative for customers looking for competitive rates. In addition,direct banks don’t require the infrastructure investment a physical bank would entail. Its cost-effectiveness begins at setup, and often includes stringent deadlines. At the same time, a direct bank requires a great degree of cost efficiency and process automation.

Sopra Banking Platform can help. Not only can you choose which activities you want us to cover, you can also choose how they are run – we can offer the Platform in a ‘software as a service’ (SaaS) mode, leaving you to pursue your core business while your IT is run by trusted experts.

Together with our proven expertise at mapping out and setting up a core banking infrastructure for direct banks, the Sopra Banking Suite also lets you create new products quickly, turning you into a fast-moving player. With easy adaptation to local regulation and a low total cost of ownership (TCO), the Sopra Banking solutions have seen widespread adoption by direct banking branchesall over the world.

Solution Overview

Direct Banking Solution Overview