UNLOCK YOUR POSSIBILITIES
With our services for banks, insurance companies, and financial service providers, we enhance operational efficiency, positively impacting your business results. Your employees benefit from streamlined processes, while your customers experience greater satisfaction.
Increasing regulation, new competition and digital customer experience are the big challenges in today's financial sector. To succeed in this competitive climate, you need optimized process design and the right partners. SPS offers comprehensive outsourcing solutions tailored to the needs of banks and insurance companies and financial service providers.
More than 250 banks, insurance companies and financial service providers put their trust in SPS
SERVICES FOR BANKS AND INSURANCE COMPANIES
ONBOARDING & COMPLIANCE SERVICES
Meet regulatory requirements efficiently with KYC and compliance services plus omnichannel master data management
SPS offers comprehensive onboarding and compliance services (such as KYC) for financial service providers, banks, leasing companies and insurance companies, and handles cross-channel master data management in your core systems.
Our experts validate new accounts and custodial accounts, capture and verify customer data, and conduct regular KYC and compliance checks for you – always in accordance with AML regulations and in line with sanctions and embargos. Leverage the benefits of our cutting-edge technologies and in-depth industry knowledge so that you can focus on your core business.
INTELLIGENT MASTER DATA MANAGEMENT
SPS turns unstructured omnichannel data into valuable information for successful customer relationships
SPS's core expertise in master data management is the processing and automated classification of unstructured and structured information across all physical and digital channels – including telephony. This improves data quality, optimizes workflows and helps ensure compliance with regulatory requirements.
SPS uses technologies like artificial intelligence (AI) for incoming customer communication to ensure efficient, customer-friendly operations. Our human chat service with real-time AI integration enables our highly trained experts to provide multilingual customer care at our near- and offshore locations.
CREDIT PROCESSING
Your credit and leasing services processed with AI-augmented automation throughout the value chain
SPS handles the processing of all loan, mortgage, credit card and leasing applications and arrangements on your behalf, including omnichannel data collection in a PCI DSS-certified environment and transmission to your core banking system, as well as communication with customers and third parties.
Using automated data validation and processing based on business rules in combination with AI, we speed up processing, increase customer satisfaction and reduce costs. Our technology partners and scalable platforms cover the entire lending value chain from customer onboarding, financing and customer care, including during the repayment period, through to collections.
SECURITIES PROCESSING & INVESTMENT MANAGEMENT
Transform your securities and custodial business with efficient processes and innovative technologies
We help banks with their securities and custody business. Our services support the whole process chain, from opening, managing and closing accounts and depots to entering and reconciling all transactions and managing master data.
We handle corporate actions, special processes and tax matters as well as managing communication with customers, bank departments (such as customer advisors) and third parties. Using onshoring, nearshoring and offshoring paired with innovative technologies like AI and RPA, our team of seasoned experts increase customer satisfaction without the need for major changes to your bank's existing IT.
PAYMENTS PROCESSING
From the digitization of physical receipts to back office processing and fraud detection – all from a single source
At SPS, we provide end-to-end payment services for the world's largest banks. Our services span the entire process chain, from the digitization and classification of paper-based payments, to various back-office services for all payment types, right through to special procedures including sanctions checks and fraud detection.
Every year, our 500-plus experts process over 40 million document-based payments in Switzerland and more than 200 million cheques worldwide using the very latest lockbox services, enabling banks to boost their productivity by over 20 per cent.
PENSION PLAN ADMINISTRATION
End-to-end contract handling including specialist expertise in products such as Riester in Germany and customer service for complex cases
SPS relieves financial service providers of the administrative burden that comes with complex pension products such as Riester in Germany, by providing customized, modular and flexibly scalable solutions – up to and including full service with customer care.
We want you to be free to focus on your core business. That's why our expert teams in Germany and Hungary, as well as at our offshore location in Vietnam, ensure that the entire contract cycle is managed smoothly and cost effectively. And of course, we guarantee the utmost precision in complying with all regulatory requirements.
LEASING & FLEET MANAGEMENT
From configuration to remarketing - efficient management of the entire vehicle leasing cycle
We have a team of more than 130 experienced SPS experts in Germany and Hungary who take care of the entire vehicle leasing lifecycle – all from a single source. Our comprehensive support package includes everything from vehicle configuration by your customers to contracts, inventory management and remarketing.
Our omnichannel data collection in a secure digital environment ensures seamless data transfer to your systems. We also handle communication with end customers and third parties. In short, we reduce your processing times and costs while improving quality of service and satisfaction for your end customers.
CLAIMS AUTOMATION
Efficient, highly automated claims processing, from filing to payout
Our automated claims processing solution ensures efficient, highly automated processing for both physical and digital claims notifications. Our comprehensive approach is designed to provide a first-class customer experience from the moment the claim is filed, right through until the payout.
We use state-of-the-art technologies like AI and machine learning to continuously optimize processes, speed up throughput and minimize error rates. This enables insurers to reduce costs while consistently increasing customer satisfaction.
AT SPS, WE UNLOCK THE POWER OF POSSIBILITY IN YOUR BUSINESS BY COMBINING EXPERTISE, PASSION AND INNOVATION TO LEVERAGE THE SYNERGIES OF PEOPLE, PROCESS, DATA AND TECHNOLOGY.
WHITEPAPER: AI TRANSFORMATION IN INSURANCE
Well before the hype around ChatGPT, the insurance industry was already making use of AI for process automation, data-driven decision-making and so on. But much of the potential remains untapped as pilot projects rarely reach the rollout stage. Why is that? What are the stumbling blocks that companies encounter when implementing AI?
A new whitepaper from Insurance Forums Leipzig and SPS provides answers to these questions. We take a look at the status quo and challenges in the implementation of AI systems, and provide practical recommendations using claims management as an example.
Want to know how AI can help you optimize your processes, support your employees, reduce costs and above all, increase customer satisfaction? Read the full whitepaper now, free of charge.
Whitepaper
Executive summary AI transformation in insurance
SPS, in collaboration with the Insurance Forums Leipzig, presents an exclusive whitepaper.
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250+ Institutions Served

80 Net Promoter Score (NPS)

95% Renewal Rate
SURVEY STUDY: OUTSOURCING AS A STRATEGY FOR BANKS
An exclusive survey by SPS and the Handelsblatt Research Institute shows how business process outsourcing (BPO) can be a helpful strategy for the banking sector when it comes to digital transformation, cost management and the shortage of skilled workers.
But what is the industry's biggest pressure point? What are the current and future challenges? And how can BPO help to address them? More than half of the banks surveyed view process digitalization, cost optimization and skill shortages as the biggest issues right now – and they are only getting worse. Over 60% of respondents see BPO as a potential solution.
Want to know more about why outsourcing is becoming increasingly relevant and how banks are gearing up for it? Read the full survey now, free of charge.
Whitepaper
Latest Handelsblatt Banking Study
Executive Summary
POTENTIAL GENERATIVE AI for BANKS & INSURANCE COMPANIES

SPS supports companies worldwide with innovative solutions, including the use of generative artificial intelligence (AI) to optimize business processes such as document management and data processing - setting new standards in digital transformation. Banks and insurance companies with repetitive workflows can particularly benefit from the use of AI.
NEARSHORING & OFFSHORING: TAPPING INTO SCALABILITY
SPS's locations in Hungary and Vietnam can help you scale your services to cope with excess workload and prevent backlogs. This way, you get the benefit of a large talent pool while complying with all locally applicable data protection regulations. What's more, SPS is the only provider in Germany certified not only to ISO 27001 but also to PCI, the highest data protection standard in the banking industry.
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CASE STUDIES
Case study
Raiffeisen Schweiz
Streamline operations: Raiffeisen optimizes core business by centralizing and outsourcing paper payments.
Case study
Document processing: Innovation & Automation
One of the largest insurance companies in the United states sought an innovative business partner to support them in an initiative to standardize, centralize and streamline their document processing operations.
Case study
Cost reduction through outsourcing
Outsourcing processing activities at a leading global insurance company speeds up processing and saves costs.