Case Study: Savings Banks Group achieves faster digital lending with Tieto Banktech

Savings Banks Group modernizes lending in 3 years with Tieto

The Savings Banks Group, a Finnish bank group, faced the challenge of rising customer demand for digital lending services and increased competition from new digital-native competitors. To modernize its predominantly manual lending processes and maintain competitiveness, the group partnered with vendor Tieto Banktech to implement its lending suite software.

Tieto's solution involved a comprehensive lending suite covering loan origination, lifecycle management, and collateral management, integrated with a CRM renewal. This three-year project, part of a €100 million digitalization investment, automated processes to free up staff time for customer service and provided the agility to quickly adapt to new business requirements. The implementation by Tieto ensures the future competitiveness of the Savings Banks Group and accelerates its time to market for new lending products.

Savings Banks Group