18 January 2018
visit http://response.ncr.com

Siemens Financial selects Sopra for financing software

16 November 2017  |  2744 views  |  0 Source: Sopra Banking

Cassiopae software, which supports a wide range of financial products and asset classes, is expected to replace a variety of legacy solutions across Siemens Financial Services’ Commercial Finance (SFS COF) global footprint.

SFS COF is an international organization with offices in US, France, Spain, Germany, UK, Nordics, Poland, Russia, Turkey, China, and India. The first implementation is planned for the United States.

The goal of the initiative is to consolidate certain disparate systems and streamline the management of Siemens Financial Services Commercial Finance financing contracts around common processes worldwide within the business’s Contract Management Systems. The contract agreement is for the software as well as the hosting and managing of the application for multiple SFS technical hubs.

“We undertook a detailed international search process and at this stage in the project the Cassiopae software has demonstrated the required flexibility and ability to combine core, global features with specific country localization capabilities,” said Axel Schulte, Head of Global Services IT at Siemens Financial Services.

“Our business has a strategy of continued investment in developing and delivering a global application that can meet the varied requirements of financial services companies, today and in the future,” said Eric Soyer, COO Cassiopae. “We are well-positioned to be a long-term partner for Siemens Financial Services and look forward to working with the company to help it achieve its goals for the project.”

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.capgemini.comvisit www.vasco.comvisit www.niceactimize.com

Top topics

Most viewed Most shared
Buffett rubbishes cryptocurrencies; South Korea preps exchange crackdownBuffett rubbishes cryptocurrencies; South...
11852 views comments | 16 tweets | 17 linkedin
Europe begins Open Banking era in subdued styleEurope begins Open Banking era in subdued...
10140 views comments | 32 tweets | 35 linkedin
Crypto mining threatened by power capacity concernsCrypto mining threatened by power capacity...
9841 views comments | 17 tweets | 18 linkedin
Exchanges call for global fintech standardsExchanges call for global fintech standard...
9535 views comments | 17 tweets | 14 linkedin
Wells Fargo to close 900 branchesWells Fargo to close 900 branches
9464 views comments | 14 tweets | 16 linkedin

Featured job

Competitive base + commission + benefits
London, UK

Find your next job