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October 20, 2020 In the news, News

Länsförsäkringar Bank taps Crosskey for Complete Securities Trading Solution

Länsförsäkringar Bank has turned to Crosskey for delivery of a SaaS-based Securities Trading solution replacing incumbent systems, covering Order Management and Execution as well as Customer Portfolio management, Clearing and Settlement for securities and mutual funds.

The solution, will be servicing Länsförsäkringar’s customers over web- and mobile channels as well as via local offices nation-wide.

– As perhaps the fastest expanding supplier of software and services to the Nordic Wealth Management arena, Crosskey is excited to have won the opportunity to provide a complete solution to one of the major full service retail banks in Sweden. It is also further proof of the future potential of the combined assets of Crosskey and recently acquired solutions provider Model IT, who will play an important role in the delivery of the new solution to Länsförsäkringar, says Johan Dahlström, Head of Capital Markets at Crosskey, and adds:

– Länsförsäkringar’s goal to establish a platform for future growth within the Wealth Management area rather than just performing a technology replacement, is a perfect fit for us and we look forward to working in an active partnership with Länsförsäkringar both during the implementation of the new solution and for many years to come.

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