Head of Equities, Funds & Savings, Wealth, Financial Services Solutions
Handelsbanken Norway, a long-standing customer of Tietoevry, has always relied on ProBroker for its equities trading operation. As the core solution, it played an integral part in the bank's vision to cater for growth. However, the on-premise infrastructure was limiting the bank's potential, taking up resources and slowing down access to necessary updates.
To become a more efficient, growth-centric entity, Handelsbanken Norway had to rethink its operations. The on-premise ProBroker was not only cumbersome for the bank to maintain and upgrade, but it also posed challenges for Tietoevry in providing seamless support. The solution was clear: a transition to a Software-as-a-Service (SaaS) setup.
Tietoevry Banking provided the ultimate solution: moving Handelsbanken to Tietoevry's ProBroker SaaS environment. A dedicated project team ensured a smooth transition, with data transfers and interface setups handled meticulously. The result? A future-proofed SaaS environment for Handelsbanken Norway, with round-the-clock, frictionless support and regular updates.
“Thanks to a dedicated and experienced team at Tietoevry, a lean and surprisingly small migration project took our operation safely from the on-site set up to a SaaS environment in line with the project plan. The SaaS experience in production gives, as promised, frictionless support. With hosting removed from the equation, our focus can be put on end-customers and exploring new digital opportunities, which is in line with Handelsbanken’s ambitions”, says Cibyl Ekstrøm Kjerstad, Head of Wealth & Asset Management Norway, Handelsbanken.
“Tietoevry is proud to be given the trust form Handelsbanken for operating their securities trading platform in the years to come. Handelsbanken has been an important member of our customer community for many years, and this agreement confirms that our market leading solution combined with our supporting services and local expertise makes this a winning formula”, says Dag Hasvold, Head of Equities, Funds & Savings at Tietoevry Banking.
ProBroker SaaS is part of Tietoevry Wealth Platform. ProBroker SaaS supports securities trading, clearing and settlement, servicing both retail and institutional flows. All features are supported by open APIs, which enables customers to expose their services through digital channels and benefit from the growing partner-network to the platform.
With ProBroker hosted in a SaaS setup, Handelsbanken now enjoys 24/7/365 availability, frictionless support and regular updates, leading to quicker resolution of issues and enhanced service quality.
Transitioning to a SaaS has freed up resources previously spent on maintaining the on-premise solution, allowing to redirect resources towards growth-centric initiatives, improving overall efficiency.
The SaaS, hosted by Tietoevry, provides a future-proofed platform. This sets the stage for the bank to seamlessly adapt to changing needs and dynamics, ensuring they're always at the forefront.