Bridging Legacy Systems with Cloud Technology
Research shows that 90% of financial institutions are adopting a hybrid model for cloud integration, balancing their existing systems with new cloud-based solutions.
This approach enables banks to safeguard their infrastructure investments while also upgrading their technology framework.
SBS, which counts clients like Santander, Société Générale, and Toyota Financial Services among its partners, is set to incorporate Red Hat OpenShift into its financial software offerings.
This platform delivers what the industry refers to as “cloud-native” features—applications specifically designed for cloud computing environments—while enabling banks to keep sensitive information securely within their existing systems.
This collaboration represents a significant evolution for SBS, which was formerly recognized as Sopra Banking Software.
Ranked among the top ten fintech providers in Europe by IDC, the company boasts a workforce of 3,400 employees across 50 locations worldwide.