Case Studies Banca Popolare di Sondrio UniCredit Case Study A single Euro payment area (SEPA) has been established within the European Common Market, between the end of 2007 and the beginning of 2008. As a consequence, the Banca Popolare di Sondrio, owner of a considerable market share in the context of national and international settlement systems - realized it was risking to lose competitiveness in the area of payments and Direct Debits, both in terms of quality and correctness of the provided services, and in terms of the services costs. In order to be able to adequately compete, Banca Popolare di Sondrio understood its needs for IT systems which have to be both efficient, to face the foreseen reduction of proceeds, and flexible, to guarantee innovative products support, with high value added. Therefore, deep and fearless choices are needed: within the Spring 2008, BPS, with Value Team - long run technological partner -, detected an innovative and challenging plan for the complete IT infrastructure renewal, in the context of payments and Direct Debits In the following month of July, the VTPie plan started. Such plan will be developed on a period of about two years and will bring BPS to be equipped with an infrastructure able to support the integrated and consistent management of different payment types (SEPA Credit Transfers, Euro and Currency Credit Transfers, SEPA Direct Debits and multi-currency operations management). The implementation, over open systems, of a service-based architecture (SOA) may fullfil  the requirements for operational costs reduction and the needed rapidity in implementing base modules and value added products, which characterize the specific BPS request. Duly, in the first days of December 2008, as foreseen, the first step of the detailed plan has been accomplished with the launch of the production for the SEPA Credit Transfer management module. In the following, within the first quarter of 2009, the integrated management will be enabled for all the Credit Transfer typologies handled by the bank.   Focus on A new way of doing IT for banks: VTPie is here More performing Credit Transfers with VTPie

Founded in 1871, Banca Popolare di Sondrio represents one of the first popular banks inspired by the movement of popular credit unions in Italy.
Over time, thanks its growth in business and presence in the area, Banca Popolare di Sondrio got a regional position improving in the same time its national visibility, always keeping a strong link with the native area.

The bank provides services meeting all bank, financial, or insurance needs of its customers (families, freelancers, every size of enterprises, companies, etc.). Aside from the main bank functions, BPS promotes cultural initiatives, and, among them, partnerships in personalities' happenings and an outstanding publishing activities stand out for prestige and imaging.

The bank's share capital - about 925 millions Euro - is distributed among over than 157.000 Partners. The most of the Partners is also a bank's customer. The resources amount is about 1.477 millions Euro. The 2007 business profit reached 130,823 millions Euro, with a yearly growth of 22,14%.
Today 2.200 employees work in Banca popolare di Sondrio, with a network of 255 branches.
Updated in November 2008.


More info available at: Banca Popolare di Sondrio

Since 1971, the Computer Science Department of the University of Turin takes care of all the research and education activities organized by the University of Turin within the Information Technology area. The presence of many members of the department in editorial committees of international leading journals, in planning committees of international conventions, and in key positions of national and international scientific associations, shows their scientific relevance.

Other than in base research, the department is very active also in application oriented research, through partnerships with companies and industries, either public or private. These partnerships take the form of research agreements or projects funded by national and international organizations.

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Sun Microsystems is the developer of the global market technology engine.
Sun follows the “The Network is the Computer™” paradigm through the presence of shared innovation and the promotion of the network involvement, of the community development, and its leadership in open source environments.

Sun is present in over than 100 countries; Italian branches are in Milan, Turin, Rome, and Padua.

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UniCredit Global Information Services (UGIS) is the UniCredit Group company focussed on  ICT.

Its mission is implementing and managing the Group’s Information System, with “customised solutions“ for specific business needs, assuring  the fine-tuning of technological and applicatory environment, assuring the data security  and operations integrity of the Group, ensuring the organizational coherency and pursue high service level and efficiency targets.

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