Tieto has signed an agreement with Swedish leasing broker Nordic Finance to provide a leasing system that disrupts conventional processes and gives customers a smoother experience through digitalisation and automation.

“Our vision is to become the fintech company of the future. We want to build great customer experiences for B2B; turning the experiences we take for granted in B2C into a reality for the leasing business. With Tieto’s leasing platform, we have a proven, reliable, digital solution which can support our ambition to scale up and become a leasing company, quickly”, says Christian Hanson, Founder and Business Developer of Nordic Finance.

While continuing to offer brokering and advising, Nordic Finance will become an asset finance company assessing deals and managing them during their life-cycles. For customers, it means the convenience of keeping their lease with Nordic Finance.   

Nordic Finance chose Tieto’s Emric leasing platform to digitalise the leasing process, build automation, with a fast time to market. From the contract hand shake to the go-live date, Tieto will deliver the new platform within four months. This was a key factor for Nordic Finance who was looking for a system that could be taken to market quickly. 

“With our leasing solutions, we are not only helping Nordic Finance to grow their business and enter new market segments, but we are also providing a good foundation for them to build new services and better serve their customers,” says Pedram Tadayon, Vice President, Credit Solutions & Services at Tieto. 

“We want to drive the IT development so the customer experience for a leasing and rental agreement can be a unique, modern experience, much better than what exists now. The finance companies are currently very slow in developing IT solutions. We are small, own our books, and have money to develop customer experience and solutions. I think we are in a good position to change some of the ways business is made out there,” says Christian Hanson.