The Digital Banking Services 2021 study analyses companies in four distinct areas and Tietoevry has been recognized as a Nordic leader in all four categories of the report:
- Leader in Core Modernization and Integration Services
- Leader in Banking Governance, Risk and Compliance Services
- Leader in Transformational and Digital Banking Services
- Leader in Payment and Card Processing Services
“This recognition clearly verifies that we are the leading digitalization partner within the Nordic banking landscape. We are very proud that our software and services capabilities have been recognized by ISG. This confirms our position as the leading software and solution partner for Nordic banks and financial institutions who see the value generated by open, modular and scalable financial software and solutions,” says Christian Segersven, Managing Director, Tietoevry Banking.
In the context of the COVID-19 pandemic, the banking industry is undergoing massive digital disruption. Banks are seeking professional service providers to help them embrace innovation and build a robust foundation for digital services while staying competitive and attracting or retaining customers. In addition, banks use professional services for specific businesses to free resources and focus on their core business and digital transformation.
According to the report, “Tietoevry’s strong partner ecosystem and shared cultural values are helping it to collaborate with several prestigious banks in the Nordics”. The report also points out that Tietoevry offers a vast array of payments solutions and holds long-standing relationships, with a new reorganisation that endorses the market dominance of Tietoevry in the Nordic payment market. This, together with Tietoevry’s bundled Governance Risk and Compliance capabilities built into its core banking platform and its expertise in financial crime prevention, has brought the company to market leadership in the Nordics.
“Tietoevry’s diversified service suite, long-standing relationships built on trust and transparency, robust partner ecosystem coupled with strategic alliances and unique capabilities have helped the company to emerge as a market leader”, says Sushma Kaza, Senior Lead Analyst (Digital Banking) at ISG Provider Lens Research. “What works in favour of Tietoevry is its sound understanding of the market, a deep sense of commitment and its intense focus on generating a high ROI for its clients. The newly announced reorg should help the company to better align its business with the high growth areas and industry verticals, especially the BFSI sector”.
Tietoevry Banking is the market leading financial services software and solution partner in the Nordics. We deliver a modular, pre-integrated banking-as-a-service solution, as well as market leading software for core, payments, credit, cards, financial fraud and wealth.
With unmatched scale, expertise and specialization, we drive the industry forward by enabling financial institutions to become more agile and efficient, accelerating their digital transformation journey.
Interested to learn more about the results? Download the Digital Banking Services 2021 ISG Provider Lens™ report
For more information, please contact:
Erik Johannisson, Head of Marketing, Tietoevry Banking
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe and Latin America, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.
Tietoevry creates purposeful technology that reinvents the world for good. We are a leading technology company with a strong Nordic heritage and global capabilities. Based on our core values of openness, trust and diversity, we work with our customers to develop digital futures where businesses, societies, and humanity thrive.
Our 24,000 experts globally specialize in cloud, data, and software, serving thousands of enterprise and public-sector customers in more than 90 countries. Tietoevry’s annual turnover is approximately EUR 3 billion and the company’s shares are listed on the NASDAQ exchange in Helsinki and Stockholm, as well as on Oslo Børs. www.tietoevry.com