Tieto and Folksam extend partnership to boost IT operations

Tieto and Folksam extend partnership to boost IT operations
22.03.2017 06:15 am

Tieto and Folksam extend partnership to boost IT operations

IT Innovations , Insurance , CRM

Folksam and Tieto continue to develop their partnership with an outsourcing agreement under which Tieto takes over the responsibility for Folksam’s IT operations in Östersund, Sweden. The agreement includes that Folksam IT operations employees in Östersund will be offered employment within Tieto. This will further strengthen Tieto's position in the Swedish market and will add valuable expertise in application management and consulting services.

Tieto will be responsible for several IT-systems and provide consultancy services to Folksam. The cooperation strengthens Tieto's offerings in IT development for the insurance industry and expanding its presence in Östersund.

We are delighted to further enhance our cooperation with Folksam and look forward to welcoming new employees to our office in Östersund. This will strengthen Tieto with long-sought-after capabilities that will enable to further develop our offerings in both application services and consulting services, says Per Johanson, Executive Vice President, Financial Services, Tieto. With this agreement Folksam can continue to optimise and further develop its business, while the continuous services are secured by Tieto.

 Our aim is to have the insurance and savings industry's most satisfied customers, which requires us to have efficient IT operations that evolve over time. We choose to outsource operations to a reliable company in the industry that is already established in Östersund. This will ensure that our employees get a reliable employer, says Gunnar Fröderberg, CIO, Folksam.

Related News

IAMAI to host world’s largest virtual Global Fintech Fest

Internet and Mobile Association of India [IAMAI], and its sister organisations, Payments Council of India, [PCI] and Fintech Convergence Council [FCC] are jointly organising... Read more »

FintechOS named the hottest FinTech Startup in Europe

FintechOS, the global provider of technology for the digital transformation of banks, insurance companies and other financial services organisations, is this year’s hottest... Read more »

Boomi & Vanson Bourne report finds digital transformation initiatives boost revenue and cut costs, yet 51% of organizations need to move, even faster

Boomi™, a Dell Technologies™ business, today announced a ... Read more »

NSD and TDCC sign a Memorandum of Understanding

On June 4, 2020, the National Settlement Depository (NSD) and the Taiwan Depository and Clearing Corporation (TDCC) signed a Memorandum of... Read more »

Saxo Bank announces white label partnerships with five Danish banks

Saxo Bank and five Danish SDC member banks (Sparekassen Vendsyssel, Sparekassen Thy, Middelfart Sparekasse, Frøs Sparekasse and Jutlander Bank... Read more »

Business finance is yet to shift to reflect widespread remote working, research reveals

The global sweep of COVID-19 has meant a fundamental shift for businesses; travel restrictions and mandated social distancing have meant, in a short space of time, huge swathes... Read more »

Free Newsletter Sign-up
+44 (0) 208 819 32 53 +44 (0) 173 261 71 47
Download Our Mobile App
Financial It Youtube channel