Latest news with #Atos
Yahoo
4 days ago
- Business
- Yahoo
NS&I to deploy SBS' cloud-native core system
The National Savings and Investments (NS&I), a government-owned savings bank in the UK, has partnered with global financial technology firm SBS to upgrade its core banking and payments systems. This initiative is part of NS&I's Transformation Programme, which includes a contract with Atos, a digital transformation company. In this context, SBS cited a report by Celent, which forecasts that European retail banks will increase their cloud investments by 57.5% by 2030, reaching a total of $12.6bn. NS&I's internal infrastructure supports more than 24 million customers and manages changes to savings rates while addressing customer interactions. The implementation of SBS's digital, cloud-native core banking platform is expected to enhance operational efficiencies, as well as improve product and service delivery for NS&I. SBS CEO Eric Bierry said: 'NS&I's transformation program is evidence that it is possible for banks to execute this transformation—and doing so sets them up to drive otherwise unattainable efficiencies and experiences.' In collaboration with Atos, IBM, and Sopra Steria, NS&I is working to digitise its retail banking operations. The new SBP Digital Core platform from SBS will replace the existing core system, providing a cloud-native infrastructure for all retail banking and payment services. The SBP Digital Core is a cloud-native, composable banking solution that utilises latest technology and data to enable banks to deliver personalised banking experiences while adhering to regulatory standards. Transitioning to the SBP Digital Core will allow NS&I to leverage the flexibility and scalability of AWS's cloud environment, facilitating frequent adjustments to data storage and infrastructure as required. Unlike traditional core systems, which are often difficult to update, SBS's cloud and Software-as-a-Service (SaaS) solution provides regular automatic updates, according to the tech company. NS&I chief operating officer Matt Smith said: 'NS&I's transformation programme will help to deliver the digital experiences that our customers expect, while still ensuring there is help and support for those who need it.' The SBP Digital Core is part of a comprehensive suite of retail banking solutions offered by SBS. These are utilised by more than 1,500 banks across Europe, the Middle East, and Africa. "NS&I to deploy SBS' cloud-native core system" was originally created and published by Retail Banker International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Finextra
5 days ago
- Business
- Finextra
NS&I to replace legacy core banking system with SBS
NS&I (National Savings and Investments), the U.K.'s government-owned savings bank, and global financial technology company SBS today announced their work together to digitise NS&I's core banking and payments services. 0 The initiative is part of NS&I's Transformation Programme and its contract with Atos, a European digital transformation company, to modernise its banking engine. SBS's digital, cloud-native core banking platform will lay a foundation for new business efficiencies, product and service delivery, and customer experiences for NS&I. Organisations now realise the need to move faster than legacy on-premise infrastructure allows. European retail banks are accelerating their cloud investments, with spending projected to rise by 57.5% from 2025 to 30, reaching $12.6 billion according to a recent Celent report. Through its ongoing transformation programme, NS&I is proving how financial institutions can move beyond just aspirations to make fully digital, cloud-based services a reality organisation-wide. Working with Atos, IBM and Sopra Steria, NS&I is transforming and digitising its retail operations. Powering this digitisation on the back-end will be SBS's next-gen SBP Digital Core platform, which will replace NS&I's existing core system with a cloud-native infrastructure for all of its Retail banking and payments services. 'NS&I's transformation program will help to deliver the digital experiences that our customers expect, while still ensuring there is help and support for those who need it,' said Matt Smith, Chief Operating Officer at NS&I. 'Replacing our core system is a critical step in this evolution, and we look forward to continuing our work with SBS and Atos to bring it to fruition.' As one of the U.K.'s largest savings organisations, NS&I's internal infrastructure is responsible for not only upholding its 24+ million customer base, but also implementing savings rate changes and servicing the resulting interactions with customers. With on-premise and even hybrid cloud systems, this means maintaining the highest level of data storage at all times—even when it's not being used. By transitioning to SBP Digital Core, NS&I will benefit from the complete flexibility and scalability of AWS's cloud environment, enabling it to make data storage and other infrastructural adjustments as often as it needs to. Compared to legacy core systems that are not easily updated or modified, SBS's cloud and Software-as-a-Service (SaaS)-based alternative enables it to provide regular, automatic system updates, so there are no disruptions to banks' day-to-day operations. 'Cloud and SaaS transformation in the financial industry is not a matter of when, but how,' said Eric Bierry, CEO, SBS. 'NS&I's transformation program is evidence that it is possible for banks to execute this transformation—and doing so sets them up to drive otherwise unattainable efficiencies and experiences. We're thrilled to partner with NS&I on this journey.' SBP Digital Core is a cloud-native, composable core banking solution that leverages latest technology and data to allow banks to offer personalised and relevant banking experiences to their clients while complying with regulatory requirements. It is a part of SBS's larger retail banking offerings used by more than 1,500 banks across Europe, the Middle East and Africa. In addition to core banking, these offerings include deposits, payments, lending, reporting, open banking and more.
Business Wire
5 days ago
- Business
- Business Wire
NS&I to Replace Legacy Core Banking System with SBS's Digital, Cloud-Native Platform
LONDON--(BUSINESS WIRE)-- NS&I (National Savings and Investments), the U.K.'s government-owned savings bank, and global financial technology company SBS today announced their work together to digitise NS&I's core banking and payments services. The initiative is part of NS&I's Transformation Programme and its contract with Atos, a European digital transformation company, to modernise its banking engine. SBS's digital, cloud-native core banking platform will lay a foundation for new business efficiencies, product and service delivery, and customer experiences for NS&I. Organisations now realise the need to move faster than legacy on-premise infrastructure allows. European retail banks are accelerating their cloud investments, with spending projected to rise by 57.5% from 2025 to 30, reaching $12.6 billion according to a recent Celent report. Through its ongoing transformation programme, NS&I is proving how financial institutions can move beyond just aspirations to make fully digital, cloud-based services a reality organisation-wide. Working with Atos, IBM and Sopra Steria, NS&I is transforming and digitising its retail operations. Powering this digitisation on the back-end will be SBS's next-gen SBP Digital Core platform, which will replace NS&I's existing core system with a cloud-native infrastructure for all of its Retail banking and payments services. ' NS&I's transformation program will help to deliver the digital experiences that our customers expect, while still ensuring there is help and support for those who need it,' said Matt Smith, Chief Operating Officer at NS&I. ' Replacing our core system is a critical step in this evolution, and we look forward to continuing our work with SBS and Atos to bring it to fruition. ' As one of the U.K.'s largest savings organisations, NS&I's internal infrastructure is responsible for not only upholding its 24+ million customer base, but also implementing savings rates changes and servicing the resulting interactions with customers. With on-premise and even hybrid cloud systems, this means maintaining the highest level of data storage at all times—even when it's not being used. By transitioning to SBP Digital Core, NS&I will benefit from the complete flexibility and scalability of AWS's cloud environment, enabling it to make data storage and other infrastructural adjustments as often as it needs to. Compared to legacy core systems that are not easily updated or modified, SBS's cloud and Software-as-a-Service (SaaS)-based alternative enables it to provide regular, automatic system updates, so there are no disruptions to banks' day-to-day operations. ' Cloud and SaaS transformation in the financial industry is not a matter of when, but how, ' said Eric Bierry, CEO, SBS. ' NS&I's transformation program is evidence that it is possible for banks to execute this transformation—and doing so sets them up to drive otherwise unattainable efficiencies and experiences. We're thrilled to partner with NS&I on this journey. ' SBP Digital Core is a cloud-native, composable core banking solution that leverages latest technology and data to allow banks to offer personalised and relevant banking experiences to their clients while complying with regulatory requirements. It is a part of SBS's larger retail banking offerings used by more than 1,500 banks across Europe, the Middle East and Africa. In addition to core banking, these offerings include deposits, payments, lending, reporting, open banking and more. About SBS SBS (ex-Sopra Banking Software) is a global financial technology company that's helping banks and the financial services industry to reimagine how to operate in an increasingly digital world. SBS is a trusted partner of more than 1,500 financial institutions and large-scale lenders in 80 countries worldwide, including Santander, Societé Generale, KCB Bank, Kensington Mortgages, Mercedes-Benz, and Toyota FS. Its cloud platform offers clients a composable architecture to digitize operations, ranging from banking, lending, compliance, to payments, and consumer and asset finance. With 3,400 employees in 50 offices, SBS is recognized as a Top 10 European Fintech company by IDC and as a leader in Omdia's Universe: Digital Banking Platforms. SBS is headquartered in Paris, France.
Business Upturn
21-07-2025
- Business
- Business Upturn
Atos Group publishes estimated 2025 half-year liquidity position reflecting limited cash consumption in the half
By GlobeNewswire Published on July 20, 2025, 23:00 IST Press Release Atos Group publishes estimated 2025 half-year liquidity position reflecting limited cash consumption in the half Paris, July 20th, 2025 – Atos Group (Euronext Paris: ATO) today publishes an estimated 2025 half-year liquidity position. This publication is part of the regular reporting requirements defined and agreed with the Group's financial creditors. Net change in cash1 in the first half of 2025 is estimated at c. €-96 million (vs €-686 million in the first half of 2024), without any usage of account receivable factoring or specific optimization on trade payables. This is before the estimated impact of exchange rate fluctuation of €-103 million (mainly driven by the EUR/USD evolution during the half) and excluding the €-175 million variance in payments received in advance of invoice payment due date. As at June 30, 2025, Atos Group liquidity2 is estimated at €1,804 million, compared to €2,179 million as of December 31, 2024 and more than €1.1 billion above the minimum €650 million level required by credit documentation. It was comprised of: In € million June 30, 2025 (estimated) Dec 31, 2024 (actuals) Variation Cash & cash equivalent 1,364 1,739 (374) Of which payments received in advance of invoice payment due date 143 319 (175) Undrawn revolving credit facility 440 440 – Total liquidity2 1,804 2,179 (374) The liquidity report is available on the company website ( Disclaimer This document contains forward-looking statements that involve risks and uncertainties, including references, concerning the Group's expected growth and profitability in the future which may significantly impact the expected performance indicated in the forward-looking statements. These risks and uncertainties are linked to factors out of the control of the Company and not precisely estimated, such as market conditions or competitors' behaviors. Any forward-looking statements made in this document are statements about Atos's beliefs and expectations and should be evaluated as such. Forward-looking statements include statements that may relate to Atos's plans, objectives, strategies, goals, future events, future revenues or synergies, or performance, and other information that is not historical information. Actual events or results may differ from those described in this document due to a number of risks and uncertainties that are described within the 2024 Universal Registration Document filed with the Autorité des Marchés Financiers (AMF) on April 10, 2025 under the registration number D.25-0238. Atos does not undertake, and specifically disclaims, any obligation or responsibility to update or amend any of the information above except as otherwise required by law. This document does not contain or constitute an offer of Atos's shares for sale or an invitation or inducement to invest in Atos's shares in France, the United States of America or any other jurisdiction. This document includes information on specific transactions that shall be considered as projects only. In particular, any decision relating to the information or projects mentioned in this document and their terms and conditions will only be made after the ongoing in-depth analysis considering tax, legal, operational, finance, HR and all other relevant aspects have been completed and will be subject to general market conditions and other customary conditions, including governance bodies and shareholders' approval as well as appropriate processes with the relevant employee representative bodies in accordance with applicable laws. About Atos Group Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. €10 billion, operating in 68 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris. The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space. Contact Investor relations: [email protected] Individual shareholders: +33 8 05 65 00 75 Media relations: [email protected] 1 Net change in cash is defined as the variance in cash and cash-equivalent – before impact of exchange rate fluctuation – excluding (i) the variance of the drawn portion of the RCF and (ii) the variance in working capital optimization actions (which include cash in advance received from customers, account receivable factoring and specific optimization of trade payables) 2 Liquidity is defined as the sum of (i) the consolidated cash and cash-equivalent position of the Group and (ii) the amounts available under any undrawn committed facilities (including committed overdrafts). Consolidated cash and cash-equivalent includes trapped cash and unpooled cash and excludes cash held in escrow accounts in order to provide cash collateral. Attachment 20250720 – PR – Atos Group – June 2025 liquidity Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash GlobeNewswire provides press release distribution services globally, with substantial operations in North America and Europe.
Business Upturn
16-07-2025
- Business
- Business Upturn
Atos announces availability of Atos Polaris AI Platform in the new AWS Marketplace AI Agents and Tools category
Press Release Atos announces availability of Atos Polaris AI Platform in the new AWS Marketplace AI Agents and Tools category Paris, France – July 16, 2025 – Atos, a leading provider of AI-powered digital transformation, today announces the availability of Atos Polaris AI Platform in the new AI Agents and Tools category of AWS Marketplace. Customers can now use AWS Marketplace to easily discover, buy and deploy AI agents solutions, including Atos' Agentic and Generative AI solution using their AWS accounts, accelerating AI agent and agentic workflow development. The Atos Polaris AI Platform helps organizations simplify business operations, such as quality assurance, IT support, contract compliance, financial analysis and market research, enabling customers to orchestrate complex business workflows with real-time data synchronization. 'By offering Atos Polaris AI Platform in AWS Marketplace we're providing customers with a streamlined way to access our Atos Polaris AI Platform, helping them buy and deploy agent solutions faster and more efficiently,' said Alexa Van Den Bempt, EVP, Head of Group Partnerships at Atos. 'Our customers in many industries are already using these capabilities to help them leverage a comprehensive framework of autonomous AI agents that orchestrate complex business workflows, demonstrating the real-world value of Atos Polaris AI Platform.' Atos Polaris AI Platform delivers essential capabilities including financial reports analysis, IT support and quality assurance. These features enable customers to interpret and analyze large documents and reports to provide highly accurate summaries and actionable recommendations based on specific requirements. With the availability of AI Agents and Tools in AWS Marketplace, customers can significantly accelerate their procurement process to drive AI innovation, reducing the time needed for vendor evaluations and complex negotiations. With centralized purchasing through AWS accounts, customers maintain visibility and control over licensing, payments and access through AWS. To learn more about Atos Polaris AI Platform in AWS Marketplace, visit To learn more about the new Agents and Tools category in AWS Marketplace, visit *** About Atos Group Atos Group is a global leader in digital transformation with c. 72,000 employees and annual revenue of c. € 10 billion, operating in 68 countries under two brands — Atos for services and Eviden for products. European number one in cybersecurity, cloud and high-performance computing, Atos Group is committed to a secure and decarbonized future and provides tailored AI-powered, end-to-end solutions for all industries. Atos is a SE (Societas Europaea) and listed on Euronext Paris. The purpose of Atos is to help design the future of the information space. Its expertise and services support the development of knowledge, education and research in a multicultural approach and contribute to the development of scientific and technological excellence. Across the world, the Group enables its customers and employees, and members of societies at large to live, work and develop sustainably, in a safe and secure information space. Press contacts Global: Isabelle Grangé | [email protected] North America: Maggie Wainscott | [email protected] Attachment PR-Atos announces availability of Atos Polaris AI Platform in the new AWS Marketplace AI Agents and Tools category Disclaimer: The above press release comes to you under an arrangement with GlobeNewswire. Business Upturn takes no editorial responsibility for the same. Ahmedabad Plane Crash
