Transforming financial market changes into opportunities

The banking sector is under unprecedented pressure to undertake profound changes in its economic models and return to growth.

Banks are faced with the demand for greater transparency in liquidity and risk management (Basel II, Basel III, IFRS9), with permanent regulatory reforms and with new, strict rules imposed by the European Commission regarding payments (Single European Payments Area - SEPA). They must also satisfy customers who are increasingly demanding and quick to change loyalties.


In this challenging landscape Sopra Steria offers a suite of business line services and the Sopra Banking Software software-package solutions as driving forces in the transformation of the banking sector.


These transformations are occurring in the following major lines of business:

  • Risk management
  • Regulatory compliance
  • Banking data protection
  • Improvement of customer experience
  • Performance optimisation
  • Search for new sources of revenue.

Prevailing economic constraints are also forcing banks to increase transaction volumes and reduce back-office costs, notably by introducing shared-speciality centres, as well as credit and payment factories. The Sopra Banking Software software-package solutions are a key element of this industrialisation.


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Sopra Steria Asia wins contract with the Land Transport Authority (LTA)

Jun 12, 2017, 02:40 AM

Singapore, June 1, 2017: Sopra Steria Asia will develop a new Unified Maintenance Hub. This will involve asset management & maintenance management system which manages the asset life cycle & maintenance regimes of various intelligent transport systems. 


Sopra Steria Asia is pleased to announce that we have awarded a 59 month contract from the Singapore Land Transport Authority (LTA) to develop the new Unified Maintenance Hub (UMH).  The new unified maintenance hub includes asset management & maintenance management system which manages the asset life cycle & maintenance regimes of various intelligent transport systems as well as new road infrastructure system, such as street lightings, commuter facilities, road infrastructure etc. 



The new UMH 2.0 will be equipped with new smart phone application for an integrated maintenance management solution. The system will serve as a common maintenance management platform for asset owners and maintenance contractors to seamlessly integrate with respective Intelligent Transport System (ITS) and Road Infrastructure Systems (RIS) for effective maintenance operations and thus improving the efficiency of LTA operations..  


“We are delighted that LTA has selected Sopra Steria Asia, with the solutions, the new UMH 2.0 platform will enable rapid, agile deployments of functionality that drive efficiencies and work cohesively which will enhance the efficiency of asset performance analytics, fault analysis, said Dr Vera Jin, CEO of Sopra Steria Asia, “The project will set the ground for EAMs evolution with the fusion of digital and analytical technologies, we are confident that we will deliver high quality of services and solutions.”



About Sopra Steria Asia

Sopra Steria, European leader in digital transformation, provides one of the most comprehensive portfolios of end to end service offerings in the market: Consulting, Systems Integration, Software Development, Infrastructure Management and Business Process Services.

Sopra Steria Asia represents Sopra Steria for the Asia Pacific region with Singapore being the regional headquarter office.  We have continually strived to expand our presence across Asia Pacific with locations in Singapore, Hong Kong, Malaysia and China.

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