Sopra Banking Software partners with AWS to help banks transition to the cloud
Sopra Banking Software (SBS) recently announced its participation in the Amazon Web Services (AWS) Independent Software Vendor (ISV) Accelerate Program. This program is designed for AWS Partners who offer software solutions that run on or integrate with AWS. By joining this program, SBS aims to drive new business opportunities and accelerate sales cycles by directly connecting with the AWS sales organization.
SBS has been collaborating with AWS since 2016 to power its digital, cloud-native banking platforms for banks and financial institutions worldwide. This expanded partnership will focus on enhancing SBS’ banking capabilities and financial services on AWS to help banks adapt to the evolving digital landscape driven by AI.
With banks increasingly investing in AI technologies, the migration to cloud-based architectures is on the rise. Public cloud spending is projected to increase by over 20% in 2024, as financial organizations look to transition more of their services to the cloud. Embracing cloud-based infrastructures will be crucial for banks to leverage AI and transform their historical data into business growth successfully.
By utilizing AWS to power its Sopra Banking Platform and Sopra Financing Platform, SBS enables banks of all sizes and players in the financing market to embrace a Software-as-a-Service (SaaS)-driven approach to cloud migration and digitization. The suite of AWS-powered capabilities offered by SBS covers various aspects of the banking and financing value chain, including digital and open banking, core banking, payments, risk management, wholesale finance, and more.
Eric Bierry, CEO of Sopra Banking Software, highlighted the importance of large-scale cloud-based architectures for the success of digital banking initiatives. The collaboration between Sopra Steria Group, SBS’ parent company, and AWS since 2016 has focused on accelerating enterprise transformation with innovative data and AI solutions.
In addition, don’t miss the upcoming Cloud Transformation Conference, a free virtual event for business and technology leaders to explore the evolving landscape of cloud transformation. Book your free virtual ticket to delve into the practicalities and opportunities surrounding cloud adoption.
Tags: AWS, banking, finance, Software
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