Sopra Banking Software, a world leader in banking software, solutions and services, is delighted to announce that it has today been added to the Bank of England’s list of recognised software suppliers in that they are able to transmit data in the required format.
Recognition by the Bank of England to meet this criterion was dependent on the successful testing of the electronic transmission of all Bank of England Statistical returns from the Sopra Banking report software package.
On being included on the Bank’s list, Ahmed Michla, Head of Business Solutions at Sopra Banking Software commented, “The need to satisfy the growing demands on compliance and regulation functions continue to challenge UK financial services organisations. They are looking for a partner with not only a solid track record of delivering focused solutions but also fully accredited, so it is important to have been recognised by the Bank here in this vital category.”
Sopra Banking Software provides regulatory reporting software to over 70 financial services in 17 European countries.
About Sopra Banking Software
Sopra Banking Software is a global leader in software, integration, support and advice services for over 500 banks and financial institutions in over 70 countries. Its goal is to accompany clients in their business growth and international strategies through a long-term partnership approach, supported by the dedication of close to 2,000 skilled experts. Sopra Banking Software is the result of consecutive mergers of Sopra Group’s Evolan business unit, Callataÿ&Wouters, Delta Informatique and Tieto Financial Services UK. The company is a subsidiary of the Sopra Group – a leader in consulting, IT services and software development in Europe – which employs more than 16,000 people and generated a turnover of 1.217 billion euro in 2012. For more information, please visit our website www.soprabanking.com.