TietoEnator delivers Core Banking and e-Banking solutions to Banco

Wednesday 15 December 2004 10:45 CET | News

Banco Português Negócios (BPN) in Portugal has chosen TietoEnator as an IT-partner for the modernisation of key elements in the banks core bank system and its e-banking solution.

The agreement comprises the delivery of TietoEnators solutions in Core Banking and e-Banking, skill-transfer and other related services. The solutions will be fully operational during 2007. The agreement means that BPNs existing solutions within customer, deposits, loan and corporate account will be replaced with TietoEnators PBS Core Systems solutions. Further the agreement provides for the replacement of the banks current e-Banking infrastructure with TietoEnators Finance Portal solution. To BPN, operating in 200 branches and being one of the fastest growing banks in Portugal, the new solutions are key elements in the banks future IT strategy and will assist in strengthening relationships with retail and corporate clients, reducing operating costs and entailing less time spent on developing new products TietoEnator has also established Datacomp as a reseller and distributor of TietoEnators Banking Solutions in the Iberian market. In the first phase Datacomp will facilitate the transfer of TietoEnators skills and technology to BPN, assuming the role of systems integrator during the modernisation project in BPN. Although the initial order value has no material financial impact for TietoEnator as a whole, the deal represents a step towards opening business opportunities with an important customer and partner in a new market.

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Categories: Payments & Commerce | Payments General
Countries: World
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Payments & Commerce