Norwegian Internet bank SkandiaBanken has signed a new five year IT outsourcing contract worth NKr80 million with EDB Fellesdata.
The new contract is an extension of an existing agreement for the supply and operation of systems.
Under the deal, the bank's current systems will be replaced by EDB Fellesdata's standard product platform which will be integrated with SkandiaBanken's in-house Internet banking application.
EDB Teamco will provide the bank with operating services.
Ole Trasti, Managing Director of EDB Fellesdata, says: "This contract confirms that our standard systems meet the needs of banks regardless of differences in their marketing strategies and areas of business emphasis."
EDB Fellesdata has also recently won a four year contract extension worth NKr32 million with Norway's Sparebanken Pluss for IT services.