Sopra Banking extends partnership with Leek United Building Society

By Megha Bhattacharya

Sopra Banking Software and Leek United Building Society have announced an agreement to extend their existing relationship to include SBS’s cloud-based managed service offering for the Sopra Banking Platform Mortgage & Savings Suite and SBS’s digital savings solution. Leek United has selected SBS to provide a cloud-based managed service offering, as well as contracting to implement a new digital savings platform later in 2021.

“As a long and trusted partner of Leek United Building Society, we are delighted to be given the opportunity to deliver a digital savings platform alongside a fully comprehensive Managed Service securely hosted on the cloud. This will enable Leek United to provide its customers with an omnichannel experience with straight-through processing and the opportunity for consumers to access their savings products 24/7,” said Richard Broadbent, UK Managing Director at Sopra Banking Software.

According to Sopra, it will provide Leek United with its newly launched fully integrated digital savings portal to support new to Building Society customer applications and comprehensive servicing capabilities to provide consumers with the excellent customer experience they receive through the other channels that Leek United operate.

John Kelly, Operations Director at Leek United Building Society commented, “We are delighted to extend our relationship with SBS to now include their cloud-based managed service offering and digital savings solutions. We carried out extensive research on what Leek United’s customers are looking for in digital and, following a full market review, selected Sopra Banking Software. We were very impressed with their new digital platform and their ongoing commitment to digital.”

Recently, Sopra Steria announced the completion of Fidor Solutions’ acquisition, via its subsidiary Sopra Banking Software. The company announced its negotiations with Fidor Bank on the 17th of November, 2020. Sopra Steria stated that the acquisition is expected to speed up the development of Sopra Banking Software’s digital solutions by enhancing the user features offered to banks through its Digital Banking Engagement Platform solutions.