BNP Paribas Personal Finance Selects Vilja Platform to Power Their Next-generation Deposit Offerings

  • Personal Finance
  • 01.06.2023 07:15 am

BNP Paribas Personal Finance, one of the leading providers of personal financing in the Nordics, has selected Vilja’s cloud-native core banking platform for their deposit services.

Vilja has a long-standing partnership with BNP Paribas Personal Finance, having built the core banking platform for SevenDay Bank from scratch in 2007. In 2017, SevenDay Bank was acquired by BNP Paribas Personal Finance. The strategy is to run the entire Nordic operation on standardized platforms (One Nordic Platform). The project to transition deposit accounts from the current custom-built solution to the Vilja cloud-native platform will commence this summer.

We are delighted to announce that BNP Personal Finance has made the decision to migrate from a proprietary deposit solution to the cloud-native Vilja Platform. This is a continuation of our long-standing, strategic partnership with Vilja. Our primary objective is to ensure that our customers continue to receive exceptional deposit offerings, and Vilja has demonstrated the necessary banking expertise and commitment to fulfill our requirements, says Annika Olsson, Nordic CEO at BNP Paribas Personal Finance.

Having successfully built the core banking platform for SevenDay Bank over a decade ago, we are proud to have gained renewed trust from BNP Paribas Personal Finance. Their selection of our cloud-native core banking platform as the standardized solution for Deposit in the Nordics is a testament to our continued partnership, industry expertise and us meeting the highest security and compliance standards says Fredrik Ulvenholm, CEO at Vilja.

Vilja is the leading vendor for Deposit in Sweden and stands out with its cloud-native architecture and modular design. The comprehensive end-to-end solution offers significant improvements in efficiency and lowers the total cost of ownership (TCO). With its API-first approach, Vilja Deposit is designed for self-service and automation, ensuring a seamless and exceptional customer experience. By integrating all necessary functionalities into a single system, Vilja Deposit empowers banks and financial institutions with a streamlined and user-friendly platform.

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