As part of modernizing its IT landscape and enhancing the customer experience, Handelsbanken Norway has chosen to consolidate on Tietoevry Banking’s wealth management solution.
This enables Handelsbanken “to offer financial products, including mutual funds, equities, ETFs and more, through one modern self-service platform for its private and corporate customers, smoothly integrated into the rest of the bank’s ecosystem through the platform’s open APIs.”
The agreement is built “on a long-existing partnership for equities trading between the two companies, which is now expanding with a the currently ongoing implementation of the complete wealth platform, including Asset and Portfolio Management.”
With this new agreement, Handelsbanken will be able “to equip their customers and wealth management advisors with cutting-edge interactive and easy-to-use resources that allow them to optimize their savings and investments.” In addition, the Wealth platform from Tietoevry Banking will “enhance self-service actionability, with 24/7 availability and the highest security standards.”
Cibyl Ekstrøm Kjerstad, Head of Wealth & Asset Management Norway, Handelsbanken, said:
“This collaboration enables us to always be innovative in the Wealth management field, as we will be able to upgrade the solution in a robust and innovative environment continuously. This will be visible for our full customer base within savings, as it takes our full front-and back-end for our wealth offering to a new level. We have chosen Tietoevry to help us scale our solutions and grow our business, and we look forward to implementing this in close collaboration with Tietoevry Banking.”
Dag Hasvold, Head of Equities, Funds & Savings at Tietoevry Banking, said:
“During economic turbulence, banks’ customers grow increasingly conscious of their savings and are seeking emerging digital self-service features for a better overview and simpler management of their assets. At the same time, when the customer base expands, it is crucial to have efficient and automated processes and tools that scale well in the back-end to cater for speed and to maintain quality and reduce costs. We are therefore proud to help Handelsbanken meet all these demands, as well as customers’ ever-increasing expectations for novel experiences. We are building on a long-lasting relationship, and take great pride in expanding our collaboration further with our SaaS-solution for Wealth management.”
As noted in the update, Tietoevry’s wealth platform “combines the ProSolutions core trading and settlement system for equities, funds, and discretionary asset management, with the WealthMapper front-end which provides interfaces for advisors as well as investors.”
These work together smoothly “to handle everything from the initial onboarding process in WealthMapper to the final settlement in ProSolutions.”
