It radiates with high ambitions and momentum at one of the Nordic countries' larger financial institutions. As part of their growth strategy, they have chosen to increase their focus on trading in fixed income.
One of the Nordic countries' larger financial institutes has chosen to invest in strengthening its own trading setup to ensure further scalability and improve earnings. The bank is now taking another important step towards realizing their ambitions.
After a thorough screening of the market, the choice of partner landed on one of the Nordics' leading software houses within capital market solutions, Vitec Aloc, and their market-leading solution for trading bonds, IDEAS.
” We chose the IDEAS solution to optimally support our customers’ trade in housing.The solution is geared for the future, as it can easily be expanded with more modules when needed. This supports our big ambitions and we look forward to further developing our growth journey—fully reassured by having Vitec Aloc as a strong collaborative partner who prioritizes cooperation among multiple clients, which allows us to develop the best solutions for the benefit of our many customers." says a representative from the financial institution.
The solution, which has just launched, is initially aimed at supporting the significant fixed income flow of the financial institution. Afterwards, it is expected that the IDEAS solution will be expanded continuously as the business grows, to support the operations of the financial institution.
” We are delighted that IDEAS has been chosen as part of the ambitious strategy, and we look forward to a long-term and close collaboration in the tight-knit community with other IDEAS customers. For us, being chosen as a supplier confirms the promise of our value proposition, where the fixed income sector has been central to the business since its beginning." says Mikkel Rahbek Brunse, CEO of Vitec Aloc.
Vitec Aloc A/S is part of the Nordic software group Vitec Software Group AB. Vitec Aloc offers products that meet all professional requirements for portfolio and risk management, treasury, and stock exchange trading, providing solutions to some of the most ambitious and successful companies in the market. Vitec Aloc's services cover everything from consulting and analysis to integration and implementation, as well as hosting. Learn more about Vitec Aloc at www.vitecsoftware.com/aloc.
Vitec is a market leader in Vertical Market Software in the Nordic region. We develop and supply standard software to different industries. Vitec’s growth strategy is to acquire software companies that are established in the market and that are also well run. The group’s overall processes, in combination with our employees’ in-depth knowledge of the client’s local market, create good conditions for improvements and continued innovation. Vitec has around 1,500 employees, is listed on Nasdaq Stockholm, and had a revenue of SEK 2.961 million SEK in 2023. Learn more about Vitec at www.vitecsoftware.com.
If you have any questions, or would like to know more, please contact Mikkel Rahbek Brunse, CEO, at +45 29997160 or send us an email.
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