Tieto: Remium outsources securities management system to Tieto

Wed Dec 19, 2012 3:01am EST

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Tieto Corporation  PRESS RELEASE   19 December 2012 at 10.00 am EET

Improved risk management, better cost control and greater focus on the core business - that's what
made stockbroker Remium select Tieto's comprehensive service for securities management. The
agreement will run for three years.

"With Tieto's in-depth knowledge and experience of the capital market, we'll feel secure about
putting our focus on developing what we're best at - our customers' business. Tieto is now taking
over responsibility for running and refining the securities platform, which forms an important
part of our business," says Mattias Malmström, CEO of Remium.

In 2012 Tieto has witnessed a strong trend in the Nordic capital market, with increasing numbers
of customers switching from purchasing IT systems to selecting partners who take greater overall
responsibility for business support systems and processes.

"Increasing numbers of companies in the banking and finance sector are becoming aware of the
benefits of outsourcing non-core business, the aim being to make operations more efficient and
generate new business opportunities.  We're delighted that Remium has chosen us as its partner for
when it continues to develop its business," says Alexandra Fürst, Vice President, Head of
Financial Services at Tieto Sweden.

For further information, please contact: 

Alexandra Furst, Vice President, Head of Financial Services, Sweden; tel. +46 10-481 14 04,


Principal media 

Tieto is the leading IT service company in Northern Europe providing IT and product engineering
services. Our highly specialized IT solutions and services, complemented by a strong technology
platform, create tangible business benefits for our local and global customers. As a trusted
transformation partner, we work closely with our customers and understand their unique needs. With
approximately 18 000 experts, we aim to become a leading service integrator creating the best
service experience in IT. www.tieto.com http://www.tieto.com/ 


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Source: Tieto Oyj via Thomson Reuters ONE


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