Swedbank Robur selects TietoEnator's Fund System

27 August 2008

Swedbank Robur has chosen TietoEnator to supply a new fund system for the bank's business needs in the Luxembourg market. TietoEnator Client Manager (TCM) will take care of Swedbank Robur's fund business with both its customers and distributors. The new solution will go live in October 2008.

TietoEnator's solution will help Swedbank Robur to streamline its existing fund administration processes. In the future, it will be an essential tool for the bank's growing business in the highly competitive securities and asset management markets of Luxembourg.

Jeanette Thorell, IT Manager, Swedbank Robur, says: "I'm very pleased that we have found a solution that meets our needs without having to be customized. This will enable quick and non-risky implementation in one of our fastest growing markets. It means that in the future we'll have a strategic, stable and secure platform for managing the administration of our funds, regardless of the location of distributors or customers."

Peter Eneqvist, Customer Executive for Swedbank, TietoEnator, says: "TietoEnator and Swedbank Robur continue to deepen their partnership. I'm convinced that the new TCM system will take us farther along this road and bring more business for Swedbank Robur in Luxembourg."

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