GFT, the global provider of advisory, business consulting, IT and software services to the financial services community, has announced a collaboration with Saxo Bank, a leading player in global online trading and investment.
Headquartered in Copenhagen, Denmark, Saxo Bank, has a strong, unified international network that utilises local sales and service organisations and a global online presence to provide a first-class service to clients in more than 180 countries.
In order to support the next stage of its growth strategy and to enhance operational efficiency and client service, Saxo is evolving a scalable, efficient, low cost core operations function that will support a diverse product and client base on a global basis, 24/7.
The initial engagement with GFT is designed to rapidly analyse and review the global operating landscape to support the transformation initiative. The GFT team will consist of a number of experienced business and technical specialists who will be deployed onsite at Saxo Bank to ramp up a programme of work, which will be delivered to a tight timescale. They will be working alongside key client stakeholders to identify tactical and strategic wins for the bank.
Marika Lulay, Chief Operating Officer at GFT Group said “GFT works across the investment, retail and wealth management areas of many of the leading global banks and this latest appointment by Saxo Bank is a testament to their faith in our well-coordinated international team of specialists being able to deliver a strategic project with challenging timelines. This is another great achievement for GFT and we are delighted to be able to support the bank in its strategic plans for the future.”
Gerry Lelliott, Global Head of Operations at Saxo said “GFT’s expertise and experience in this area will help to make sure that our world class operations initiative will deliver a range of advantages for Saxo Bank’s clients, including greater efficiencies across a number of business functions. We look forward to working with GFT on this exciting initiative."