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Tieto and ICA Bank enter into an agreement for corporate loans

05 July 2017

Tieto has signed a three-year agreement with ICA Banken. The agreement entails Tieto assuming total responsibility for systems, operations and management of ICA Banken’s new financial product Corporate Loans by ICA. This means that Tieto is broadening its delivery to ICA Banken, which previously involved private loans, to now also cover services in the area of corporate and leasing loans.

“We are proud and delighted to have been entrusted with this by ICA Banken. I am sure that our Financial BPO combined with our loan platform can support ICA Banken in its offering and also streamline their process for corporate and leasing loans”, says Pedram Tadayon, Business Area Manager at Emric, which is part of Tieto.

The project is already under way, and the full-scale corporate solution dealing with applications and application documents was launched in June 2017. In the field of leasing, Tieto will deliver an application process for leasing cases in which Emric will also manage ICA’s loans throughout the entire life cycle. This service enables ICA Banken to broaden its loan offering to the corporate market.

“The system they have chosen is future-proof, modern and scalable. It’s a platform that allows ICA Banken’s corporate business to grow. The continued trust confirms our role as a long-term partner for our customers in the banking and finance market”, says Pedram Tadayon.

For more information, please contact:
Pedram Tadayon, Business Area Manager at Emric
pedram.tadayon@tieto.com, +46 (70) 6855588

About Emric
Emric is a global supplier of software solutions for the creation and management of virtually all kinds of loans, mortgages, asset financing and leasing. With more than 60 customers in 24 countries and the management of financial contracts in 94 countries, Emric develops products that are designed for multinational conditions. Emric has been part of Tieto since 1 September 2016. www.emric.com  

About Tieto
Tieto aims to capture the significant opportunities of the data-driven world and turn them into lifelong value for people, business and society. We aim to be customers’ first choice for business renewal by combining our software and services capabilities with a strong drive for co-innovation and ecosystems. www.tieto.com   

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