Banking

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 launches its Asian Cyber Security Centre (CSC) in Singapore

Jul 1, 2015, 07:25 AM

 Singapore, 25 June 2015 – Alongside this launch, Sopra Steria announces the expansion of its Asian headquarter in Singapore.

Sopra Steria, European leader in digital transformation, has launched its Singapore Cyber Security Center (CSC) in conjunction with the expansion of its Asian Headquarter at Fusionopolis. The event was officiated by Guest of Honour, Ambassador of France to Singapore, His Excellency Mr Benjamin Dubertret, and Director of Infocomm and Media, Singapore Economic Development Board, Mr Kiren Kumar.

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In meeting the increased demand for sophisticated and cutting-edge IT services, the expansion with its growing team enables Sopra Steria Asia with new digital transformation services in addition to its proven solutions for transport and utilities sectors in Asia. The office, with its strategic location in Singapore as a burgeoning cyber security hub, would also house the new generation CSC which will support organisations to define and enhance their cyber security strategy and instill digital trust to protect their sensitive information and accelerate their digital development. Through a global delivery model supported by Sopra Steria’s 24/7 services and a CSC network of over 700 skilled security experts, the centre aims to enable local agencies, Multi-National Companies and Small Medium Enterprises with the same level of quality services, and across different time zones and geographical areas.   

 Addressing at the opening ceremony, His Excellency Mr Benjamin Dubertret mentioned that he is happy to celebrate major achievements for Sopra Steria group in Singapore.  “I wish you great success with this new Cyber Security Centre and I am glad that one of our best technology companies is able to deploy those capabilities locally here in Singapore to support Asia ‘s growing needs in this area’’, he said.

 Congratulating Sopra Steria on its establishment of the new CSC, Mr Kiren Kumar, Director of Infocomm and Media, Singapore Economic Development Board said, “The introduction of the Sopra Steria Cyber-security Centre is aligned with our vision to develop Singapore as Asia’s leading safety and security solutions hub. Sopra Steria is also an important partner for both innovation and talent development in the cyber security field as they equip Singaporeans with the relevant knowledge and exposure to tackle sophisticated cyber-attacks from the region.”

 Sopra Steria and A*STAR’s Institute for Infocomm Research (I²R) will jointly establish a joint R&D laboratory to collaborate on the development and testing of new security technologies for the infocomm technology sector.

 “The expansion of our Asian office is an important step for Sopra Steria Asia as we move towards our goal to provide a full range of digital solutions to our clients in Singapore and the rest of Asia.  Cyber security is an absolute priority to our clients in the digital world. We are happy that we are now able to support them in this field by placing them, their markets, their stakeholders and their regulatory context at the heart of our approach.” says Dr Vera Jin, Sopra Steria Asia CEO. 

 

About Sopra Steria

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 is trusted by leading private and public organisations to deliver successful transformation programmes that address their most complex and critical business challenges. Combining high quality and performance services, added-value and innovation, Sopra Steria enables its clients to make the best use of information technology. With 37,000 employees in over 20 countries, Sopra Steria had pro forma revenue of €3.4 billion in 2014.

Sopra Steria Group (SOP) is listed on Euronext Paris (Compartment A) - ISIN: FR0000050809

For more information, please visit our website www.soprasteria.sg

Contacts

Sopra Steria: Lee Chiann Chiann, +65 6578 9988, email chiannchiann.lee@soprasteria.com

 

 

 

 

 

 

   

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