Banco Portugues Negocios Extends Core Banking Deal With TietoEnator

TietoEnator and Banco Portugues Negocios (BPN) have broadened their current co operation to modernize the bank's core bank system, making TietoEnator the prime IT partner for the bank's modernization program in core banking. The new order value for TietoEnator is

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TietoEnator and Banco Portugues Negocios (BPN) have broadened their current co-operation to modernize the bank’s core bank system, making TietoEnator the prime IT-partner for the bank’s modernization program in core banking. The new order value for TietoEnator is approximately EUR12 million over the next two years.

It was in December 2004 that BPN decided to base its core banking modernization program on TietoEnator’s solutions in Core Banking. According to the new agreement TietoEnator will deliver program management services, implementation services, migration and software development services in close partnership with BPN and Datacomp, distributor of TietoEnator’s banking solutions in the Iberian market.

“BPN has an aggressive ambition with the modernization program and after working with TietoEnator and investigating their software solutions and also their services regarding modernization transformations, we have decided to extend the partnership to take full advantage of TietoEnator’s special competence, experience and defined services in this area,” said Jose de Oliveira Costa, president of Banco Portugues de Negocios.

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