TietoEVRY and OP Financial Group renewed their cooperation

The largest financial-services company in Finland, OP Financial Group, and TietoEVRY, a leading Nordic digital-services provider, have renewed their partnership agreement. The agreement modernizes the partners’ long-term cooperation model and accommodates OP’s new ICT operating framework. The aim of the partnership is to increase productivity and cost efficiency, introducing an agile model to guarantee the high quality of OP’s day-to-day services.

With the renewed agreement, OP and TietoEVRY continue to work together on maintaining digital services and developing software. The partnership model ensures the continuity of services and ongoing smooth cooperation with IT suppliers supporting the digitalisation of OP’s business-critical processes. The renewed agreement also provides improved access to TietoEVRY’s industry experts, as well as to its data and analytics capabilities.

“Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region. The renewed agreement is part of an entity designed to promote the digitalisation of OP’s banking and insurance services, and to make the overall customer experience smoother in close cooperation with our selected partners. TietoEVRY’s solid expertise and digitalisation know-how support us in our aim to be the leading financial group in Finland,” says Juho Malmberg, Head of Development and Technologies at OP Financial Group.

“We’re very excited about the strengthening of ties between TietoEVRY and OP. It’s great to be part of the acceleration of OP’s digital transformation and to take our long-term partnership to a new level. Through our services, we make the utilisation of data and automation, the availability of experts, operative agility and our best innovative capabilities a strategic part of strengthening the productivity and cost efficiency of OP’s IT services,” says Satu Kiiskinen, TietoEVRY’s Managing Partner, Finland.

The cooperation agreement includes a comprehensive range of services, such as managed services of business-critical applications, software development, expert services and separate project deliveries. The cooperation ensures the regulatory compliance of the IT services in the strictly regulated finance sector.

The agreement runs for five years with an option for a further two years.

OP Financial Group is Finland’s largest financial services group, with two million owner-customers and 12,000 employees. We provide a comprehensive range of banking and insurance services for private and corporate customers. OP Financial Group consists of OP cooperative banks, its central cooperative OP Cooperative, and the latter’s subsidiaries and affiliates. Our mission is to promote the sustainable prosperity, security and wellbeing of our owner-customers and operating region. www.op.fi

TietoEVRY is a leading Nordic digital service and software company with 24,000 experts employed globally with a strong commitment to societal issues, inclusion and equality. TietoEVRY will be responsible for designing, developing and testing the digital tool. www.tietoevry.com