Finnish supermarket bank S-Bank, a part of the S Group, has initiated a relationship with SAS, the leader in business analytics software and services.
"After two years of continuous growth since the launch of the S-Bank, we needed a strategic collaboration to manage data flows," says Pekka Ylihurula, the Managing Director of S-Bank.
According to Ylihurula, SAS will provide S-Bank with a solution commonly used in the Finnish banking market for data storage and management.
"By investing in the processing of information, we can improve the effectiveness of our service network and risk management," Ylihurula says, adding that SAS was an easy choice, "SAS has a solid track record in the banking market in Finland and abroad."
Matti Suutala, Managing Director of SAS Finland, also places high value on the new relationship, "S-Bank has a very progressive approach to business analytics. As a rather new bank, it's well positioned to advance the architecture of management by information. We are very pleased with this opportunity to help the supermarket bank to develop its operations."