Tieto: Remium outsources securities management system to Tieto

12/19/2012, 9:00 AM (Source: GlobeNewswire)

Tieto Corporation  PRESS RELEASE   19 December 2012 at 10.00 am EET

Improved risk management, better cost control and greater focus on the core business - that's what made stockbroker Remium select Tieto's comprehensive service for securities management. The agreement will run for three years.

"With Tieto's in-depth knowledge and experience of the capital market, we'll feel secure about putting our focus on developing what we're best at - our customers' business. Tieto is now taking over responsibility for running and refining the securities platform, which forms an important part of our business," says Mattias Malmström, CEO of Remium.

In 2012 Tieto has witnessed a strong trend in the Nordic capital market, with increasing numbers of customers switching from purchasing IT systems to selecting partners who take greater overall responsibility for business support systems and processes.

"Increasing numbers of companies in the banking and finance sector are becoming aware of the benefits of outsourcing non-core business, the aim being to make operations more efficient and generate new business opportunities.  We're delighted that Remium has chosen us as its partner for when it continues to develop its business," says Alexandra Fürst, Vice President, Head of Financial Services at Tieto Sweden.

For further information, please contact:

Alexandra Furst, Vice President, Head of Financial Services, Sweden; tel. +46 10-481 14 04, alexandra.furst(at)tieto.com


Principal media 

Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services, complemented by a strong technology platform, create tangible business benefits for our local and global customers. As a trusted transformation partner, we work closely with our customers and understand their unique needs. With approximately 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com

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Source: Tieto Oyj via Thomson Reuters ONE

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