His role is to lead Tieto's Financial Services business activities as well as strengthen customer focus and expand the current UK services portfolio through integration with the wider Tieto offering.

Elliot joins Tieto from Hewlett Packard where he held various roles managing some of HP's tier 1 financial services accounts globally. Ellliot worked at HP since 2006 and prior to his appointment to Tieto, his most recent position at HP was Global Client Business Director for RBS. His earlier roles include Global Account Director for Barclays Investment Banking & Investment Management division, Global Account Director for Barclays Global Retail & Commercial Banking division.

"I am pleased to announce Elliot Howard's appointment", said Per Johanson, Executive Vice President, Industry Solutions and Head of Financial Services. "His insight and experience from the financial services sector will greatly benefit Tieto and contribute to our goals within the industry, especially in the UK market. Currently Tieto is established as the UK market leader for mortgage sales, savings, consumer and commercial finance solutions. Furthermore we are operating in the core banking and payments areas. Our aim is to launch new services to the UK financial services market with the initial focus on the capital markets space in the near future."

"IT is increasingly packaged and consumed as a service. Tieto's strategy drives for higher differentiation and specialization and going forward, more focus is placed on productizing our high value adding services and offerings for the financial sector", Per Johanson sums up.