back Back

AndBank Monaco adopts SBS Regulatory Reporting solution on AWS

By Gloria Methri

January 16, 2025

  • ANACREDIT
  • Andbank
  • AWS
Share

SBS, Andbank Group, SBP Regulatory Reporting, Sopra Banking Software, RegTech, Monaco
AndBank Monaco SAM, the Monaco subsidiary of the Andbank Group, has partnered with SBS (formerly Sopra Banking Software) to leverage its SBP Regulatory Reporting Solution.

This partnership represents the first SBP Regulatory Reporting reference operated on AWS SaaS by a bank in the Principality of Monaco. The solution will address a broad range of regulatory requirements, including RUBA, ANACREDIT, VUC, Basel risk calculations, and more.

AndBank will also take part in SBS’s client referral program, further strengthening the collaboration between the two companies while highlighting the benefits of the SBP Regulatory Reporting solution to stakeholders in the banking sector.

By choosing SBS, AndBank will benefit from advanced regulatory reporting solutions on the market, demonstrating its trust in SBS’s expertise and its ability to meet the rigorous standards of the Monegasque market.

SBS is a global FinTech company that is helping banks and the financial services industry to reimagine how to operate in an increasingly digital world. SBS is a trusted partner of more than 1,500 financial institutions and large-scale lenders in 80 countries worldwide, including Santander, Societé Generale, KCB Bank, Kensington Mortgages, Mercedes-Benz, and Toyota.

Its cloud platform offers clients a composable architecture to digitise operations, ranging from banking, lending, and compliance to payments and consumer and asset finance.

As SBS continues its expansion into highly demanding markets, this collaboration underscores the company’s commitment to providing robust regulatory solutions tailored to the needs of major financial institutions.

Previous Article

January 16, 2025

Over two-thirds of the world to own digital wallets by 2029, research shows

Read More
Next Article

January 16, 2025

JCB and DOJO join forces to boost card acceptance in UK

Read More






IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

February 12, 2025

Mambu and Good Money launch digital lending app in Thailand

Read More

February 12, 2025

T2 acquires majority stake in Saudi startup Moola

Read More

February 12, 2025

Experion Technologies & Tagit partner to drive personalised banking

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q4 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2024
Know More