SPP Fonder, a part of Storebrandgruppen, has chosen Tieto as the supplier of fund systems for the company's operations in Sweden.
The new solution for SPP Fonder's funds administration, Tieto Client Manager (TCM), has been taken into service on the 30th of March. This accomplishment deepens the collaboration between the two companies, and will provide SPP Fonder with a long-term solution to address future business needs.
SPP Fonder will gain more efficiency for their fund administration with Tieto's solution, which offers straigth-through-processing allowing SPP Fonder to manage the operations with less manual work. Furthermore, the system will be an important tool in boosting the growing operations of the fund company. TCM funds solution is a market leader in the Nordic funds market.
Stefan Blomé, CEO at SPP Fonder, says, "I'm very pleased that we found a solution that covers our needs without needing to make adaptations. We anticipated a quick and risk-free implementation. In the future, we will have a strategic, stable and secure platform for handling fund administration, with the opportunity to expand with standardised add-in modules as our needs grow."
Johan von Engeström, sales executive at Tieto, says, "Tieto and SPP Fonder continue to deepen collaboration, which was initiated already in 1994 between Tieto and Storebrand. I'm convinced that the new TCM system will take us further along this path and provide SPP Fonder with a solution to grow with, both with respect to new markets and new functionality."