Handelsbanken Norway has entered into a new agreement with Tietoevry Banking. This partnership will be for the delivery of a complete solution portfolio, including core banking, card and payment solutions, wealth management, as well as solutions for combating financial crime.

The agreement will last for at least five years and is a renewal of a previous agreement. At the centre point of this new agreement is the migration to a new and modern core banking solution that is modular and based on high-level APIs that make it easy and efficient for Handelsbanken to integrate with new solutions that support its channel strategy.

With 38 branches across Norway, Handelsbanken stands as one of the largest banks in the country

Handelsbanken is proud to boast its successful number of satisfied customers than comparable banks and is considered to be one of the most cost-effective listed banks in Europe.

Øystein Aulin, Director of Technology and Development at Handelsbanken, commented: “This is a large and important agreement that gives us predictability in both solutions and systems for the future, and we are very pleased that we now have a new agreement in place.”

Klaus Andersen, CEO of Tietoevry Banking, added: “We are very proud to extend and renew our long-standing collaboration with Handelsbanken Norway. The agreement involves the use of digital solutions and modern technology that will support Handelsbanken’s strategy of providing safe, reliable, and user-friendly banking services to its customers. We will be migrating Handelsbanken Norway to our modernised technology platform, which will enable faster time-to-market for new services and provide greater efficiency and scalability. At the same time, we have high demands for safe and stable operation of the solutions.”

Additionally to its 38 branches in Norway, Handelsbanken has around 152 branches in the UK as of the start of the year.

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