as needed. ‘The teams that use the system on a daily basis are happy with it,’ says Ngon, in early 2014, although he added ‘they are also the ones that recommended it’. In 2013, Amplitude was acquired by a retail bank in Chad,


a microfinance entity in Cameroon and an Islamic bank in Mauritania, which rather suggested that the Delta-derived business was back focused on its traditional geography. Thaler/Sopra Banking Platform won just two deals in 2013 (China Bank in the Philippines for wealth management and Van Lanschot in Belgium for direct banking). The two systems had recorded five and three wins, respectively, in 2012. An obvious comparison was SAB, now with Ayoub on board, which seemed to be doing well, with eight new-name deals in 2013 (six in France, one in Algeria – Banque de Developpment Local – and a notable win in Turkey, Turkish Trade Bank). Perhaps somewhat worryingly for Sopra, in early 2014 the SocGen group was believed to be scouting for a new core banking platform for its global network of subsidiaries, the bulk of which, particularly in Eastern Europe and Africa, are running


Delta-Bank/Amplitude. An RFI for a core


system was circulating but there was no comment from the bank. By December 2014, Temenos with T24 was believed to be in pole position, with the initial focus being on the Middle East.


While this was going on, the big corporate change was the coming together of Sopra and Steria. Announced in April 2014, it was finalised later in the year. The route was a ‘friendly, voluntary public exchange offer’ by Sopra for all of Steria’s shares, on the basis of one Sopra share for four Steria shares. The complementary nature of the business activities and geographies were highlighted and the merger was described as a ‘tie-up between equals’. Starting from 2017, the two parties predicted it would generate annual operational cost synergies of €62 million. The combined entity had €3.1 billion in revenues, 35,000+ employees and presence in 24


Conclusion


Although not afforded much recognition throughout the rest of the world, Delta carved itself a substantial market share within parts of Africa, and as such became a significant supplier here. It was a good sign that Delta had seen a strong expansion in some of its existing customers, as it did in 2012 with BMCE. Indeed, from a bank’s perspective, there was something to be said for working with a dedicated specialist. African banks selecting mainstream international systems have often found it difficult to gain the necessary resources, despite the fact that they might conversely need more help with their projects than is the case with banks with large IT departments in developed countries. The Delta-Bank solution appeared to be cost-effective – by Delta’s own admission, the price range was $500,000 to $2 million.


With its African presence spreading to take in new countries and with penetration into eastern and central Europe, Delta’s long- term expansionist strategy was being put into practice ahead of the takeover, with the system live in considerably more countries than was the case a couple of years earlier. The fact that the system now resides with the C&W-derived Thaler is a new complexity after Delta’s many years as a strong, regional player.


Universal Banking Systems Market Report | www.ibsintelligence.com 437


countries.


Amplitude had a much improved year in 2014 compared to 2013, with deals in Cameroon, Congo, Democratic Republic of Congo, Mauritius, and Senegal, plus new country extensions from SocGen for Togo and CCEI for Benin. Into 2015, Sopra gained a new Amplitude customer in


Africa, La Banque Sahélo-Saharienne pour l’Investissement et le Commerce (BSIC). The banking group’s head office is in Tripoli, Libya, and it has presence across 14 countries on the continent. BSIC had embarked on a group-wide technology overhaul. The project was expected to last three years and was set to harmonise the bank’s operations and IT environment enterprise-wide. A figure of 9000 man-days was quoted by a source close to the project. On the way out is the Smartbank system from a small Egypt-based vendor, B&F Soft. BSIC was the largest client of B&F Soft, and its Smartbank core had been used throughout the group for around 15 years. It was understood that Temenos with T24 was the other main contestant for the project. Sopra Banking Software’s Sopra Banking Platform/Thaler gained another two new clients in 2015: Reiknistofa Bankanna in Iceland, which is owned by the three main banks, the Icelandic Banking As-sociation and the two main payment card processors, and PSA Direktbank in Germany, a new online savings bank owned by Banque PSA Finance.


In 2016 BNI Madagascar selected Amplitude to replace its’ legacy core banking system. The bank currently has 45 branches in 24 locations. Sopra Steria has also mad significant investments in payments area with the acquisition of Cassiopae. In February 2017, Sopra Steria joined the Google Cloud


Partner program which will see it launch components of the Google Cloud Platform (GLP). Sopra Steria will train and certify its experts with the GCP certification program to aid its clients in digital transformation.


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