HQ: Espoo, Finland Ownership: Public Founded: 1968 # Clients: ~900 # Staff: 14,000+
Key Clients: DNB, RBS, SEB, Swedbank
Key Highlights
• Originated from two different entities Tieto and Enator
• Company is now looking to focus on payments and has been exiting non-core business in various regions after several years of challenges
Product Overview
• Tieto Payments Suite is a component-based system which provides solutions for retail payment, wholesale payment processing, message routing and e-invoicing
• It enables processing of various payment types including high value RTGS, cross-border/cross- currency, SEPA Credit Transfers, SEPA Direct Debits
• Strong position in Nordic banks • Long-standing and experienced supplier • A mix of old (Cobol) and newer (Java) technology • Relatively small number of clients
• Acquired a Norwegian enterprise software company in 2015