Paris, April 25th – Sopra Banking Software, a trusted partner of over 800 banks and financial institutions in 70 countries, announce a merger with O.R System, in order to expand its risk management offering.
O.R System was founded in 1985 and is now is present in over 70 countries. With its flagship product – Anadefi – O.R System is one of only a few benchmark players specialised in counterparty risk management, financial analysis and internal rating. Over 300,000 users rely on its software and solutions, and its client portfolio includes over 30 banks and major financial institutions.
Anadefi will complement Sopra Banking Software’s dedicated banking component offering for activities such as corporate financing. Furthermore, the product will also be offered as part of core banking offers, Platform and Amplitude, to supplement risk management; or in addition to Cassiopae for real time analysis and rating requirements during the loan origination process.
Anadefi will be added to Sopra Banking Software’s offering and this merger will enable O.R System customers to benefit from various advantages such as the durability of a large group, its technological contributions and its digital platform.
Emmanuel Gillet, deputy CEO of Sopra Banking Software, said “O.R System has the most powerful expertise and financial rating offer on the market; it perfectly complements our Enterprise Management offering.”