Paris, 21st of October 2020 – Sopra Banking Software (SBS) and Advans Group combine their expertise to accelerate deployment of financial services for entrepreneurs in Africa and Asia.
SBS and Advans Group are setting up a long-term partnership with a view to rolling out Sopra Banking Platform in eight countries. By adopting a new core banking system, Advans Group is sending out a clear message and thus demonstrating its strategic decision to accelerate its digital transformation and support its customers. The Sopra Banking Platform solution, which will be deployed on the cloud, will enable Advans’ teams to work with greater flexibility in closer alignment with customer needs: from product design to customer experience.
Steven Duchatelle, CEO of Advans Group explained “After 15 years’ of activity, Advans is embarking on a key new phase in its development. We are convinced that our partnership with Sopra Banking Software and the deployment of our new core banking system will be a driving force to accelerate financial inclusion in our countries of operation while leveraging opportunities provided by new technology.”
Grégoire Danel-Fédou, Deputy CEO of Advans Group added “By choosing Sopra Banking Software we are drawing on a scalable technological architecture based on the cloud which will ensure we can innovate at a faster pace with a responsible, secure and agile approach. Our common goals will enable us to better address our customers’ needs.”
“We are very happy to be able to guide Advans Group through their digital transformation. Replacing a core banking system in a large microfinance group is a major project and SBS’ experience in this type of international project will make it a success for all” commented Joel Saad, Executive Vice President of Sopra Banking Software.
Sopra Banking Software’s unwavering commitment to supporting the microfinance group with all its challenges in the long-term, be they regulatory, business or digital, as well as the software house’s proven experience convinced Advans Group to choose SBS to accelerate its growth and positive impact for its customers.
About Sopra Banking Software
Sopra Banking Software is the partner of choice for more than 1,500 financial institutions worldwide. The rich variety of our solutions, the strength of our conviction and our passion for innovation enable us to support our clients on a daily basis and in their future projects, as well as in their goals regarding financial inclusion. Our customers, based in over 80 countries around the world, benefit every day from our technologies and software, as well as the expertise of our 5,000 employees. Sopra Banking Software is a subsidiary of the Sopra Steria Group, a European leader in consulting, digital services and software development. With more than 46,000 employees, the Sopra Steria Group generated a turnover of €4.43 billion in 2019. For more information, follow us on LinkedIn, Twitter & Instagram or visit www.soprabanking.com
About Advans
Advans mission is to provide client centric financial services to small businesses and under-served populations in a sustainable and responsible manner. Advans Group currently operates in nine countries in Africa and Asia. As at end December 2019, the group served over one million clients and employed more than 7,600 staff, with a Gross Loan Portfolio of 1.08 billion euros and a total of 608 million euros in savings deposits. Headquartered in Luxembourg with its support services in Paris, the group’s shareholders are EIB, KfW, FMO, CDC Group plc, FISEA (AFD Group), IFC and Advans Invest. For more information, please visit www.advansgroup.com.
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