Case Study: Savings Banks Group modernizes lending with Tieto Banktech’s Lending Suite

Savings Banks Group launches lending modernization in 3 months with Tieto

The Savings Banks Group, a Finnish bank group, faced challenges modernizing its legacy lending software, which was 40 years old and hindered by complex integrations and slow time-to-market for new features. They partnered with vendor Tieto Banktech to implement their Lending Suite, seeking a solution that would support their business strategy and improve customer and employee experiences.

Tieto Banktech implemented its Lending Suite using a phased Model Bank delivery approach, which limited risk and enabled the first deployment in just three months. This approach allowed the bank's employees to learn the new system quickly and helped prevent scope creep. The success of the project is attributed to the open, proactive culture and transparent communication between both organizations, ensuring targets were met on time.

Savings Banks Group