Aktiv Kapital to implement TietoEnator's debt collection software solution

15 November 2007

Aktiv Kapital has chosen TietoEnator's debt collection software solution Nova to support the non-performing consumer loans and collection activities throughout its businesses in continental Europe. The software solution will streamline and increase the company's efficiency in the handling of debt collection cases. Aktiv Kapital ASA is one of the leading international players in the non-performing consumer loan and collection industries.

The agreement expands the existing cooperation between the two companies. TietoEnator has now been selected as one of Aktiv Kapital's IT partners, and will provide support, maintenance and development services in accordance with the company's business and IT requirements.

Jan Husby, CIO of the Aktiv Kapital Group says: "With this agreement Aktiv Kapital is strengthening and focusing its IT operations by deploying one of Europe's leading debt collection applications as a major component in the company's global business infrastructure. Using one common collection system throughout continental Europe will increase our efficiency and productivity."

Andreas Freiman, Director, Collection Unit, Banking & Insurance TietoEnator says: "This implementation throughout Aktiv Kapital's operations re-inforces the strategic position of Nova to be the leading multinational debt collection solution in Europe. We are very pleased with Aktiv Kapital's selection of Nova as their main collection software and are looking forward to extending our already successful co-operation."

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