TietoEnator To Deliver Cross-Border Cash Management Solution To Handelsbanken

TietoEnator and Handelsbanken will implement a new cross border cash management solution in Handelsbanken, which will allow the bank to offer a range of management products to corporate customers made available through a web based service. The agreement covers project

By None

TietoEnator and Handelsbanken will implement a new cross-border cash management solution in Handelsbanken, which will allow the bank to offer a range of management products to corporate customers made available through a web-based service.

The agreement covers project implementation, software license, services as well as application management including around-the-clock application support. The services include multi-currency and cross-border capabilities, sweeping and topping, zero balancing, inter company lending, balance netting and notional pooling.

“This agreement means an extension of the customer base of our strategic cash management solutions to include Handelsbanken, one of the best run major banks in Europe,” said Stle Grnningster, head of TietoEnator Banking Solutions. “We are proud that the bank chose to extend the already existing relationship into this very key area for the future of the bank.”

«