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Sopra Banking Software makes key appointments to its Finance Business

Sopra Banking Software has announced that Apak Group’s CEO James Powell will now be responsible for leading the strategy for the company’s Specialized Finance Business Unit. Powell is expected to supervise the United States’ Financing Platform Offering and will aim to boost the region’s strategy.

The supplier has also promoted its Vice President of Global Sales, Jeff Bunch to the Head of Automotive Strategy for North America. Jeff is expected to leverage his knowledge of the North American market as well as his experience in the automotive industry.

Sopra’s Finance division has been developed as a combination of the services provided by the supplier’s companies Apak and Cassiopae.

Sopra states in its announcement, “North America is an increasingly key strategic region for Sopra Financing Platform, which has seen a growing North and South American client base, including banks and captives for Automotive and Equipment dealer finance lending. We’re looking to build on recent successes in the region, including the migration of over a million units onto the wholesale platform as part of a go-live for a large automotive captive and a recent go-live for a large truck captive in Canada. ”

Recently, IBS Intelligence reported that Sopra Banking has partnered with Burkina Faso-based bank BADF (Banque Agricole du Faso) wherein the supplier will be developing core banking solutions for Banque Agricole du Faso (BADF) within a limited time scale.

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