Case Study: Aktia cuts lending costs and speeds loan processing with Tietoevry's core banking solution

Aktia - Customer Case Study

Aktia, a major Finnish financial group, faced the challenge of high running costs and slow, inefficient lending processes from its outdated core banking system. To increase its competitiveness, Aktia partnered with its existing vendor, Tietoevry, to undertake a full core banking replacement and implement a new automated lending platform.

Tietoevry provided an integrated, compliant lending solution that was put into production over a single weekend using an agile approach. The new platform automated loan origination and management, which reduced loan processing times from days to hours and cut running costs by 50%. This modernization allows Aktia to focus on development and customer service, positioning it as a leader in Finnish banking.

Aktia

Juha Volotinen

Aktia