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Sopra Banking’s corporate strategy is “very strong” and its application architecture achieved the highest score

Sopra Banking Software, a world leader in banking software and services, is pleased to announce that it has been accorded leadership status in an important new independent analysis of the global banking platform market

Forrester Research, Inc, a highly-regarded technology and market research company, defined Sopra as a ‘Leader’ in the latest of its ‘Wave’ studies*, in this case an evaluation of global banking platform vendors. The report singles out the fact that Sopra Banking’s corporate strategy is “very strong” and its application architecture achieved the highest score in the evaluation of any identified supplier.

Forrester analysed the strengths and weaknesses of top vendors in banking software against 62 separate criteria. Their independent research provides buyers with a way to objectively understand "where vendors stand in relation to each other to help application development and delivery professionals in financial services firms select the right partner for their off-the-shelf global banking platform, including their core banking and multichannel solution."

Selection for study was based on solution coverage, architecture, global delivery capacity, past successes and mind share among Forrester clients. The final report notes that Sopra Banking “received the highest score in the application architecture category and showed no real weaknesses.” Furthermore, the the market watcher has stated that “Sopra Banking Software’s product strategy is strong, and its corporate strategy is very strong — both without any weak points.”

Welcoming the assessment, Jean-Paul Bourbon, CEO of Sopra Banking Software, stated: “We believe recognition from an independent research firm like Forrester really puts us on the map, which is no small feat for a newly formed company.

“Especially pleasing is that we feel it does more than just confirm the leadership status we have gained through the combination of three companies, as by highlighting the strength of our strategy, we feel the Wave findings demonstrate we’re on the right track for the future.”

The Forrester Wave was released on December 17, 2012. The full report is available only to Forrester subscribers and for purchase.

About Sopra Banking Software

Sopra Banking Software is a global leader in software and IT services for banks and financial institutions. Its solutions help over 500 customers in 70 countries be more efficient, agile and responsive to business challenges. The market has long recognized the company's constituent parts - Sopra Group's financial software business, Callataÿ & Wouters and Delta Informatique - as solid players with a wide range of proven products. Worldwide, Sopra Banking Software employs 1,500 skilled experts. The company is a subsidiary of the Sopra Group – a leader in consulting, IT services and software development in Europe – which employs more than 14,000 people and generated a pro forma turnover on 1.2 billion euro in 2011. For more information, please visit our website www.soprabanking.com.

PR Contact:

Carina Birt, Sarum PR
PR for Sopra Group
+44 1722 41150
carina@sarumpr.com

* The Forrester Wave™: Global Banking Platforms, Q4 2012

This press release was distributed by ResponseSource Press Release Wire on behalf of Sarum Consultancy in the following categories: Business & Finance, Computing & Telecoms, for more information visit https://pressreleasewire.responsesource.com/about.