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Executive summary
01/
Advantages of componentized banking include:
Challenges banks will face with componentization:
How banks can componentize:
Sopra Banking Software's approach:
• Rapid innovation
• Rapid growth
• Increased agility
• Small teams, greater efficiency
• Componentized maintenance
• Futureproof
• Design of components
• Communication between different elements
• Steady approach
• Incremental modernization
• Composable enterprise
• Data ownership
• Application components
• Microservices and APIs
• API-first, component-based banking solution
• Clients across multiple countries
• Clients include La Banque Postale, Credit Agricole, NS&I and Sparda
• Over 50 components on offer
• Reduction in risk
• Ecosystem collaboration
• Implementation and compatibility
• More dynamic banking
