The Nordic region is renowned for strong digital innovation and high levels of trust in financial services.
Our focus is upon responsible technology, specialized financial products, or individual resource needs, for reliable and secure solutions enabling efficient banking operations and exceptional client experiences.
Over two decades of experience with the leading Nordic banks
Working in partnership with our client, we have built and maintained a mobile banking application with features like money transfer, expense splitting, and online payments, peaking at more than 1.2 million users.
We successfully migrated databases to the AWS cloud. The project started with piece-by-piece frontend migration before gradually moving the system to the cloud. We collaborated with the bank’s business, strategy, operations, and legal departments to ensure regulatory compliance.
Together with a Nordic investment bank providing crowdfunding and a peer-to-peer lending platform, we provided personal customers and business clients with customer-focused, effortless, and responsible fixed-term deposit solutions.
We developed Finland’s leading corporate hub for smooth cash and liquidity management, with financial monitoring for companies of all sizes. The service enables easy fund transfers between company accounts and making payments in the Single Euro Payments Area (SEPA).
We assisted a Nordic fund management company, with a focus on institutional investors, in revamping their digital services. This emcompassed conceptualization, implementation, and a phased out release of renewed digital services, including a new interface, online banking, and enterprise asset management.
We built an online service for business loans, enabling corporate clients to manage credits and limits in one centralized platform. Additionally, users can initiate credit withdrawal and renewal orders, access detailed information about credits and limits, and generate necessary reports supporting financial planning.
How we help banks remain competitive in a rapidly evolving market
Identifying top talent for upcoming project
Replacing or reviewing existing resources
Providing relevant training
Ensure continuity through support and maintenance
Continuously improving technology practices to stay competitive and align with trends and client needs
Accelerating and optimizing Cloud/DevOps capabilities
Banks invest in digital technologies to enhance the customer experience, reduce costs, and increase efficiency. This includes online banking, mobile banking, and digital payments.
CBDCs are a key trend with the potential to revolutionize payment systems and spur innovation. Banks must remain informed and adaptable as technology and regulatory frameworks evolve.
Nearshore banking operations improve communication, reduce costs, and boost efficiency enabling banks to better respond to changing client demands and market conditions. The choice between nearshore and onshore resourcing depends on the complexity of tasks.
Regulatory changes significantly impact the heavily regulated financial services industry. Open banking regulations, for instance, promote competition and innovation in the sector.
Banks face intense competition in attracting and retaining talent due to technological advancements, evolving skills, labor market competition, and an aging workforce.
ESG considerations are gaining significance for banks and their clients. Banks are creating ESG-focused offerings, integrating ESG criteria into their lending and investment choices.
Make IT Real with the help of our experts.
Head of Banking
Contact us, and we will help you find what's essential. Then we will build it with you.