We have provided leading global software solutions to the banking and wholesale finance sectors for over three decades.
Apak was founded in 1979 by Tony Papadopoullos, with a single computer at his kitchen table. Previously Tony had worked for GEAC Computers, and from here combined his experience in software and IT with his entrepreneurial spirit to start his own company. Tony’s right-hand man was Alan Keep, and together they (and their names) formed APAK (Adonis Papadopoullos and Alan Keep).
After forming long-standing relationships with those he worked with at GEAC, Tony accumulated an impressive staff base as they joined him on his Apak venture. From here the business continued to grow and develop for over 35 years- and counting.
In 1988, Apak won a bid to in-source Barclays Mercantile Highland Finance’s IT department. We took on the operational responsibilities and a lot of the staff of this department and although this contract has now lapsed some of the staff members are still with us today. This was a huge milestone for Apak as we acquired many incredible staff along with a substantial, 5-year contract.
As we continued to grow we acquired other companies, such as banking software provider BEAM in 1998 and address management company LM Software in 1999. We also branched out in product development, introducing our state-of-the-art core banking system, Aurius, in 2006.
In 2007, we became Sword Apak after being acquired by Sword Group, a leader in IT services, business software and communications technologies. This gave Sword Apak access to a global infrastructure of offices and hosting facilities in 37 countries.
Apak Group has always stayed geographically close to where it was founded, with our head office remaining in Bristol (UK). However, due to our rising business growth, we have also spread across different geographies. We began our international expansion into Europe in the mid-nineties. From here we continued to grow, launching into North America in 2009. Apak Group can currently boast a global presence, with over 100 clients worldwide.
In October 2018, Sopra Steria acquired Apak through its subsidiary Sopra Banking Software. This acquisition gave Sopra Banking Software an unrivalled position in the asset finance software market and will allow Apak Group to take our global offering to the next level.