Tieto becomes Nordnet’s strategic IT partner as the company expands its banking offering
Nordnet has signed a strategic IT partnership agreement with Tieto as it begins to expand its banking provision. The agreement is one part of Nordnet’s strategy to add further banking services covering the whole of Scandinavia to its existing range of stock brokerage, mutual funds and pension offerings. Nordnet will now have access to a complete banking business platform. The solutions will be supplied in the form of a service which includes operating and supporting the new banking services.
“For us, this is an important step towards meeting our customers’ demands for more services and strengthening our position as a challenger. We are well established in the financial services market in Scandinavia and we have what it takes to offer competitive banking services. With Tieto as our IT partner, we will be strong enough to represent a real alternative to the traditional banks in Scandinavia,” explains Nordnet CEO Carl-Viggo Östlund.
“Our collaboration with Nordnet will enable us to make use of the extensive knowledge of banking and finance that we have developed over 40 years,” says Per Johanson, Executive Vice President for Financial Services at Tieto. “We can offer competence throughout the value chain, including operating and supporting the systems needed to provide banking services.”
Tieto’s banking offering includes everything from banking services, internet banking and payment, card and capital market services to development, application management and outsourcing.
Tieto is an IT service company providing IT, R&D and consulting services. With approximately 17 000 experts, we are among the leading IT service companies in Northern Europe and the global leader in selected segments. We specialize in areas where we have the deepest understanding of our customers’ businesses and needs. Our superior customer centricity and expertise in digital services set us apart from our competitors. www.tieto.com
Nordnet provides services that simplify savings, investments and loans to private investors in the Nordic region. We focus on active savings with a modern and smart approach. The holding company, Nordnet AB (plc), is listed on NASDAQ OMX Stockholm. Nordnet is the leading broker in the Nordic region with about 310,000 accounts in Sweden, Norway, Denmark, Finland, Germany and Luxembourg. Visit us at www.nordnet.se, www.nordnet.no, www.nordnet.dk, www.nordnet.fi, www.nordnet.de and www.nordnet.lu.
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