Sopra Banking Software is the partner of choice for more than 1,500 financial institutions worldwide. The rich variety of our solutions, the
strength of our conviction and our passion for innovation enable us to support our clients on a daily basis and in their future projects, as
well as in their goals regarding financial inclusion. Our customers, based in over 80 countries around the world, benefit every day from
our technologies and software, as well as the expertise of our 5,000 employees. Sopra Banking Software is a subsidiary of the Sopra Steria
Group, a European leader in consulting, digital services and software development. With more than 46,000 employees, the Sopra Steria Group
generated a turnover of €4.43 billion in 2019.
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relationship between the two – we've also worked
with Argenta on two other recent projects,
transforming their integrated banking system
and providing them with our Digital Banking
Engagement Platform (DBEP).
In April 2018, we helped Argenta to transform
its core banking system from a highly custom
solution to a full standard solution. This was not
only a transformation of software, but also a
brave transformation of mindset throughout the
organization from "adapt" toward "adopt."
And, with our help, Argenta has been fully
compliant with the new PSD2 regulation since
December 2019. This means Argenta publishes
APIs for payment initiation services, account
information services and card information
services to any registered third-party provider.
Sopra Banking Software successfully delivered
this "As-a-Service" solution on time, allowing
Argenta to be one of the first banks in Belgium to
be fully exempted from "Screen Scraping" on the
Belgian Market.
There were, of course, challenges along the way.
Processing speed was essential for the success
of the project, as even the smallest of lags could
impact multiple clients, as Argenta experienced
in April 2018. But thanks to strong efforts on both
sides, the issue was resolved, with the end-to-
end response time in our solution reduced to an
average of just 400 milliseconds. This meant the
Instant Payment service could be fully delivered
to Argenta in 2019. In October of that year alone,
it was responsible for 890,348 outgoing Instant
Payments from Argenta accounts, and the
reception to them of 274,880 incoming payments
from other financial institutions. We can only
see these numbers rising, as Instant Payment
becomes a new norm.
T I M E L I N E
April 2018
March 2019
December 2019
Argenta concludes a transformation of
its core banking system
Argenta becomes one of the first
banks to offer Instant Payments to its
customers
Argenta becomes fully compliant with
new PSD2 regulations
