Sopra Banking Software Appoints Andrew Steadman as Chief Product Officer

In a strategic move to enhance its product management and innovation capabilities, Sopra Banking Software (SBS) has announced the appointment of Andrew Steadman as its Chief Product Officer (CPO). Steadman brings with him an impressive track record of leading transformational product strategies for global companies such as Temenos, Fiserv, and Accenture.

As CPO, Steadman will take charge of SBS’s Software-as-a-Service (SaaS) product strategy and oversee all business functions related to product management and innovation. Drawing from his extensive experience, he will drive the company’s transition to a SaaS-first mindset and align its internal architecture with the cloud products it delivers to customers.

Recognizing the evolving landscape of the financial services market, SBS aims to stay ahead by embracing digital transformation. With Steadman at the helm, the company will introduce new product methodologies and tooling, expand its product team, and foster innovation for new product development.

Xavier Rebeuf, SBS Chief Product & Technology Officer, expressed his confidence in Steadman’s ability to make an immediate impact. He emphasized that Steadman’s expertise in creating and implementing effective product strategies will be instrumental in SBS’s SaaS transformation.

Sopra Banking Software, known for its cloud-native platforms, Sopra Banking Platform and Sopra Financing Platform, has been at the forefront of empowering more than 1,500 financial institutions worldwide in their digital journey. The company’s composable-based approach to digitization enables seamless transformation for financial institutions and lenders without disrupting their existing infrastructures.

Andrew Steadman, highly enthusiastic about joining the executive team, acknowledges the need for change as SBS continues to lead the industry in banking and finance technology. He sees his role as an opportunity to drive forward this change and lay the foundation for the next era of digital business.

Steadman’s appointment adds to the recent expansion of SBS’s C-suite, which includes Chief Operating Officer Tobias Unger and Chief Commercial Officer Raouf Mhenni. Together, this strengthened leadership team is poised to steer SBS toward further growth and innovation in the ever-evolving financial technology landscape.

FAQs:

1. Who has Sopra Banking Software (SBS) appointed as its Chief Product Officer (CPO)?
Andrew Steadman has been appointed as SBS’s Chief Product Officer (CPO).

2. What is Andrew Steadman’s background?
Andrew Steadman has an impressive track record of leading transformational product strategies for global companies such as Temenos, Fiserv, and Accenture.

3. What will be Andrew Steadman’s responsibilities as CPO?
As CPO, Andrew Steadman will be in charge of SBS’s Software-as-a-Service (SaaS) product strategy and will oversee all business functions related to product management and innovation.

4. What is SBS aiming to achieve through Andrew Steadman’s appointment?
SBS aims to enhance its product management and innovation capabilities and transition to a SaaS-first mindset by embracing digital transformation under Andrew Steadman’s leadership.

5. What platforms are offered by Sopra Banking Software?
Sopra Banking Software offers cloud-native platforms known as Sopra Banking Platform and Sopra Financing Platform.

6. What is SBS’s approach to digitization?
SBS follows a composable-based approach to digitization, enabling seamless transformation for financial institutions and lenders without disrupting their existing infrastructures.

Key Terms:

– Chief Product Officer (CPO): A senior executive responsible for developing and managing the product strategy and roadmap of a company.

– Software-as-a-Service (SaaS): A software delivery model in which applications are hosted by a service provider and accessed by customers over the internet.

– Cloud-native: Refers to applications or services that are designed specifically to run on cloud infrastructure, making use of its capabilities and scalability.

– Composable-based approach: An approach to digitization that allows for the integration and assembly of modular components to build custom solutions, enabling flexibility and adaptability.

Related Links:

Sopra Banking Software
Temenos
Fiserv
Accenture