23 October 2017
Register now

Terra Gruppen chooses Cambista Financial Framework

17 July 2002  |  2379 views  |  0 Terra Gruppen chooses Cambista Financial Framework

Terra Gruppen, the organisation for Norway's 85 savings banks, has purchased Cambista Technologies' Financial Framework platform to offer its own and other third party products and services to customers over the Internet.

Cambista's Java-based Financial Framework will enable the savings banks to rapidly introduce new products and services online in reaction to changing customer demands and initiatives taken by other institutions, says the company. Terra Gruppen will also be able to track customer preferences behaviour in the online environment.

Terra Gruppen says it needed to implement an infrastructure that would allow customers to access all of their financial and banking information over the Internet via a common user interface. Previously member banks had only been able to provide customers with access to their core account information from its Web site. Other products and services marketed by the bank but supplied by third party vendors, such as life & general insurance, investment funds and share dealing, could only be accessed by independently logging on to the site of the relevant supplier.

Lars Fossen, group IT director, Terra Gruppen comments: "We selected Cambista as it was able to provide us with a complete solution that would allow our banks to deliver greater levels of customer service at a lower overall cost."

Comments: (0)

Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

EDB Fellesdata wins Terra-Gruppen telephone banking contract

EDB Fellesdata wins Terra-Gruppen telephone banking contract

01 July 2002  |  2704 views  |  0 comments

Related company news


Related blogs

Create a blog about this story (membership required)
Register nowvisit www.innotribe.comvisit www.vasco.com

Top topics

Most viewed Most shared
Mastercard to roll out blockchain APIMastercard to roll out blockchain API
17148 views comments | 21 tweets | 35 linkedin
HSBC partners Bud for open banking trialHSBC partners Bud for open banking trial
14347 views comments | 22 tweets | 30 linkedin
Sibos 2017: API or the highwaySibos 2017: API or the highway
10525 views comments | 12 tweets | 23 linkedin
satelliteGates Foundation backs Ripple collaboratio...
10131 views comments | 13 tweets | 10 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job