Sopra vs Fis. Sopra Alternative. Fis Alternative

Which core banking platform is right for your business?

Next-generation banks are disrupting the banking industry. Instant transfers, detailed analytics, and currency exchange at interbank rates are just some of the innovative features that most established banks cannot implement due to the outdated technology at their cores. 

With a modern core banking platform, banks can modernize their product offerings quickly and efficiently. In fact, according to McKinsey, some 70% of banks are already looking to upgrade their core systems to lower costs, accelerate time-to-market, personalize products, and create payment ecosystems. 

Sopra

Sopra’s microservice-based API-first cloud-native banking platform powers banking institutions with a broad range of features. With its custom or ready-to-use solutions, Sopra has helped to accelerate digital transformation for 1,500+ clients in 80 countries worldwide. 

Sopra promises a lower total cost of ownership (TCO) by automating back-office operations and maximizing the efficiency of everyday operations. Data protection, audit trail, PA-DSS, API-security, fraud prevention, and digital identity management measures make Sopra’s core banking solution a highly secure option in against modern threats. 

FIS

FIS helps banking institutions of all sizes to implement a fully integrated core banking system or complement legacy infrastructure with critical components. The cloud-native banking platform was designed with API-first functionality that allows banks to lower costs, reduce IT burden, manage regulatory demands, and easily launch new products.

FIS offers modern design, personalized products and services, and low fees to attract and bring customers in. With the FIS core, banks can meet rising consumer expectations and become more agile while staying on top of regulatory changes.

Sopra vs FIS

SopraFIS
Founded20121968
Number of clients1,50020,000
HeadquartersParis, FranceJacksonville, United States
Customer profileAny type of bankCommunity, mid-tier, large and global financial institutions
Number of end-customers500 million
Number of employees5,00055,000
Number of offices2514
SolutionsCore Banking Systems
Customer Engagement
Ecosystem Management
Lending & Leasing
Collection Management
Deposits & Savings
Payments & Cards
Risk, Regulation & Reporting
Digital Channel
Payments
Commercial and Treasury
Loyalty and Fraud
Outsourcing
Wealth and Retirement
Commercial Lending

Core Banking Software alternatives

SDK.finance

SDK.finance is the core payment software provider with a strong API layer for banks and FinTechs. Founded in 2013 and based in Vilnius, Lithuania, they offer a highly secure and mobile-ready solution to delight banking customers and take the lead in the open banking world.

The Platform consists of 5 main components: a back-end wrapped in 400+ API endpoints, 3 front-end frameworks, and web for system management with capabilities in iOS and Android for our clients.

SDK.finance offers Digital Retail Bank software in whitelabel. 

Click here to learn more about the SDK.finance core banking platform, its features & functionality, use cases, integrations, and API, security, and used technologies.