Modular digital
banking solution

Everything you need to launch a bank

Sopra Steria’s modular digital banking solution does it all

You can’t do absolutely nothing and expect to launch a bank. There are a number of elements that you will need to take care of while you prepare to apply for your Banking licence: you will have to develop your business case, secure your funding, carry out market research, build your product set and draw up pricing and sales forecasts.

There are other aspects you need to consider too. These include, for example:

  • your banking systems and processes
  • the payments engine
  • access to payment schemes
  • transaction processing services
  • your IT infrastructure and associated hardware
  • the miles and miles of cabling
  • your web presence and mobile app
  • your customer interaction centre and staff

This can all appear very daunting, but you are not alone in this journey. Sopra Steria has created a modular digital banking solution exactly for this purpose. It can simplify your approach to launching a bank by providing everything through a single supplier relationship. All you have to do… is talk to us.

With our team of consultants, we can even help you in the early stages of planning such as the design of your customer journeys and building your business case.

What is modular digital banking and how can it help you launch your bank?

The basis of our modular digital banking solution is a hosted and managed retail banking service, which takes care of:

  • data centre operations
  • infrastructure management (desktop, laptops, mobiles and business applications)
  • service integration and management to support partner applications and services

But that’s only the half of it: our offering is protected by an end-to-end cybersecurity solution which provides different levels of security - depending upon your requirements - in the following areas:

  • Security Architecture
  • CyberSecurity Services
  • Operational Security Management
  • Security Consultancy

These ensure that our digital banking solution and your data are supported by a Detection, Prevention and Protection security regime offering 24/7/365 monitoring and management from our three international cybersecurity centres.

Of course, a managed service must have something to manage and, together with Sopra Banking Software, we implement, integrate, maintain and operate the full retail banking product suite.

Our digital solutions are powered by our cloud capabilities in AWS, our cloud centre of excellence and network of cyber centres across the globe.

Retail banking platform

The Sopra Steria modular digital banking solution takes care of all the typical banking and financial related operations - including the core systems and processes that a bank needs to function properly - such as:

  • general ledger and accounting
  • risk and liquidity management
  • transaction processing
  • customer lifecycle management, credit scoring
  • delinquency processing
  • treasury, product management and more

Retail banking product support

Once you have your entire infrastructure and core banking services in place, how will you support the retail banking products that make up your customer proposition: the savings accounts, mortgage products, or personal loans?  Sopra Steria's solution takes care of those too. 

We provide modules for savings, loans, current accounts, mortgages and credit cards, allowing you to build and launch several product propositions either individually or simultaneously depending upon your development schedule and the size and maturity of your customer base.

Sopra Steria manages and operates these modules as part of the end-to-end solution, leaving you to get on with what you do best: providing the best possible service to your customers and giving them an omni-channel experience whether digital, mobile, face-to-face or via the telephone.

Put your investments where you need them most

The component-based structure of our solution gives you complete flexibility to take the services that you need, when you need them. You can add more accounts, more customers, more products and more transactions as and when required. This in turn gives you the ability to scale with increasing demand without having to invest in banking product support for services that you may not need for the first few years of your banking operation.

Added value services

Our additional, but optional, value add services are all designed with your customer in mind, therefore making running a bank easier to achieve from a lower price point.

Click on the matrix for information about the services.

If your specific requirement is not covered by the services illustrated above, please ask, as we are constantly introducing new modules and services.