Stancer taps SBS for cloud-based regulatory reporting overhaul

By Puja Sharma

In a strategic move to modernise its compliance infrastructure, Stancer, the payment arm of the Iliad Group, has partnered with SBS to implement its SBP Regulatory Reporting solution via a Software-as-a-Service (SaaS) model.

The collaboration marks a significant milestone for both firms, as Stancer embarks on a comprehensive migration of its regulatory reporting operations to SBS’s cloud-native platform. The SBP (SBS Banking Platform) solution is designed to streamline, automate, and secure the reporting process, ensuring full alignment with evolving European regulatory standards.

SBS, a long-standing technology partner to over 1,500 financial institutions globally, brings its deep expertise in regulatory compliance and digital transformation to the table. The company’s SaaS-based offering promises scalability, resilience, and rapid adaptability—key attributes in today’s fast-changing financial landscape.

“This partnership reflects the growing trust FinTechs and financial institutions place in SBS,” the company stated, highlighting the robustness and regulatory alignment of its platform. For Stancer, the move signals a broader commitment to operational efficiency and regulatory agility, as it continues to expand its footprint in the European payments sector.

The deployment is expected to enhance Stancer’s ability to meet stringent reporting obligations while reducing the operational burden typically associated with compliance. It also underscores a wider industry trend toward cloud-based solutions that offer both flexibility and future-readiness.

With this initiative, SBS further cements its position as a leading provider of digital banking infrastructure, while Stancer positions itself at the forefront of regulatory innovation in the FinTech space.