# Insights

# Open Banking

Jun 4, 2020

Sopra Banking Software ranked top three worldwide in Combined Deals in 2020 Banking Platform Deals Survey

Paris, 4th June 2020 – Sopra Banking Software, a global leader in digital banking and financing software, is proud to be placed among the top three in Forrester’s Global Banking Platforms Deals Survey, 2020, 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”.

About Sopra Banking Software 

With 5000 experts, a pro forma turnover 2019 of € 438,9 million and one of the deepest, broadest portfolios of software and services, Sopra Banking Software is a trusted, long-term partner of over 1500 banks and financial entities in more than 80 countries. Sopra Banking Software has an unequalled ability to address the requirements for banks and financial institutions of any size and scope, allowing them to innovate and expand their services. 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. In 2019, Sopra Steria generated a revenue of € 4,43 billion. For more information follow us on twitter @SopraBanking or visit www.soprabanking.com

Press contact
Sopra Banking Software: Stéphanie DECORTIAT, +34 652 896 253, [email protected]