Sopra Banking Software appoints ex-Temenos exec Andrew Steadman as CPO

By Gloria Methri

Sopra Banking Software (SBS), the global financial technology company, has appointed Andrew Steadman as its Chief Product Officer (CPO). Steadman joins SBS after holding senior product leadership positions at Temenos, Fiserv and Accenture, and serving as a Senior Director Analyst at Gartner.

As CPO, he will lead the company’s Software-as-a-Service (SaaS) product strategy and manage all business functions that contribute to product management and innovation.

Steadman has spent the last two decades carving out leading transformational product strategies for large, global companies. He managed the products at Temenos and Fiserv as they transitioned to SaaS business models. During his 20-year tenure at Fiserv, he piloted the product management methodology that became the standard for software at the company. Steadman also spent three years as a Senior Director Analyst in Gartner’s Financial Services practice, leading the firm’s payments research focus.

In his new role as CPO at SBS, Steadman will be responsible for reinforcing the company’s SaaS product strategy. He will transition SBS’s internal architecture to align with the cloud products it delivers to customers. As part of this, he will introduce new product methodology and tooling, scale the company’s product team, and continue to foster innovation for new product development. Steadman will report to Xavier Rebeuf,  SBS’s Chief Product & Technology Officer.

“Andrew’s extensive experience in creating and implementing effective product strategies for global banking and finance companies will power him to play a pivotal role in SBS’s SaaS transformation,” said Rebeuf. “As we continue to innovate our products to keep our customers competitive in today’s market, we also need to align our internal growth, which is where Andrew comes in. I am confident that he’ll make an immediate impact.”

Sopra Banking Software powers the end-to-end digitization of more than 1,500 financial institutions globally with its cloud-native platforms, Sopra Banking Platform and Sopra Financing Platform. The company’s technology offers a composable-based approach to digitization, so financial institutions and lenders can transform at scale without disrupting their existing infrastructures.

“The next chapter of banking and finance is here and SBS is leading the way for banks and other financial institutions with its technology. But change is also on the horizon for the company to transform with its customers,” said Steadman. “It is an exciting time to join the executive team as we drive forward this change and lay the foundation for the next era of digital business.”