Our 7 Convictions for the future of banking

 

In October 2022, Forrester Consulting delivered a study commissioned by Sopra Steria, entitled “The Future Of Digital Banking, Revisited”. This study was part of our annual DBX report, where we provide a holistic view of the financial services industry, drawing on surveys conducted with nearly 800 leaders from the banking sector, as well as 12,500 customers. 

Each year, we condense our findings to align and support our “seven convictions for the future of banking,” a grouping of key tenets that we believe are fundamental to the future of our industry. Here, we outline eachof these Convictions, along with key statistics from Forrester’s study to support them.

Digital banking maturity assessment

As part of our report, Sopra Steria and Forrester uncovered and grouped banks’ respondents into five different categories of readiness: Explorer, Technologist, Strategist, Specialist and Pioneer. The table opposite shows some key stats about each category, as well as a brief description.

Throughout the following pages, we will consider how each category of digital banking readiness relates to our seven convictions.

 

Download our 7 convictions document:

The fields marked by an asterisk (*) are required

 

“In this year’s DBX report, we find that nothing is ‘business as usual’ for banks. Global shifts in geopolitics, wars, regulatory developments and economic headwinds weigh heavily on the finance industry. As such, banks are under sustained pressure to future-proof their business models by increasing resilience, shoring up existing revenue streams and developing new ones. Confidence in existing models – particular digital ones – and the future may be low, but by relying on tried-and-tested strategies, such as collaborative business models, many banks will be able to weather the storm. Our seven convictions for the future of banking are more relevant than ever, and provide banks with a blueprint on how to push forward into a prosperous and profitable future.“

Eric PASQUIER

Chairman - Sopra Banking Software

Related content

Sopra Steria enables Banks to enter the Crypto-Asset market with a complete and tailor-made offer

Apr 23, 2025, 11:24 AM
Title* : Sopra Steria enables Banks to enter the Crypto-Asset market with a complete and tailor-made offer
Sopra Steria,announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks.
  • Sopra Steria is launching a comprehensive offering to support banks as they launch crypto-asset-related offerings, leveraging strategic assets with Fireblocks, Chainalysis and Wyden to ensure security, compliance and access to liquidity. 
  • The solution offers seamless integration into the banking environment, advanced security and compliance with specific regulations in place, such as MiCA and TFR, with accelerated deployment in just 6 months. 

Explore Sopra Crypto Solutions

Paris, 23 April 2025 - Sopra Steria, a major player in European tech, announces the launch of Sopra Crypto Solutions, a comprehensive white-label offering designed to accelerate the adoption of crypto-assets by banks. This solution is built on three technological assets with Fireblocks (secure digital asset management), Chainalysis (compliance) and Wyden (order execution and trade management), offering an integrated response to regulatory and operational challenges. 

Faced with growing consumer demand and the emergence of new financial technologies, banks today have to respond to an increasingly pressing need: to offer their customers crypto solutions.  

“ With the entry into force of the European MiCA regulatory framework, banks finally have clear visibility to integrate crypto-assets in a structured way. Our offering meets a dual imperative: securing flows while delivering maximum value to the end customer. The adoption of cryptos is now a must, and a strategic lever for attracting the younger generation and maintaining competitiveness in tomorrow's financial ecosystem," comments Grégory Wintrebert, CEO of Group Vertical Financial Services, Sopra Steria. 

An integrated solution for managing crypto-assets with full compliance 

Sopra Crypto Solutions enables banks to offer their customers the purchase, sale and storage of crypto-assets. The solution reduces time-to-market in order to meet growing user demand and keep banks competitive. 

The platform offers an end-to-end solution incorporating : 

  • APIs compatible with existing banking systems for fast, seamless integration. 
  • Cutting-edge functionalities guaranteeing the security of the crypto-assets held by the bank, with management and governance in the hands of the banks.  
  • Tools for compliance with various regulations (MICA, TFR) including measures such as automatic monitoring and blocking of risky transactions, automated account freezing in the event of suspicious activity, two-factor authentication and individually configurable transaction limits. 
  • Easy configuration of offers, user groups, volume limits, available crypto-assets and fee policy. 
  • Tools for optimising, monitoring and reporting activities. 
  • APIs enabling banks to design their own user experience or opt for a ready-to-use interface that is intuitive for novices.
  • Dedicated dashboards for bank advisers and compliance officers simplify transaction management.

Comprehensive support 

In addition to the platform, Sopra Steria offers its expertise in consulting and integration, enabling deployment in less than 6 months compared with 2 to 3 years for in-house development. The range of expertise covers both technological aspects, enabling Sopra Steria to work on all types of projects 

"Sopra Crypto Solutions enables banks to meet two key challenges: ensuring the security and compliance of their customers' transactions, while offering a fluid and intuitive experience. Designed to meet market expectations, our solution guarantees secure management of digital assets, regulatory compliance, efficient customer support, easy access to liquidity and simplified financial reporting and tax declarations for users," explains Alexandre Eich Gozzi, Head of Product Management Financial Services, Sopra Steria. 

Explore Sopra Crypto Solutions

Tags :