Nordea Bank SA, the international private banking arm of the Nordea group, has gone live with Temenos' integrated wealth management platform, WealthSuite. This has allowed the bank to more than halve the number of separate systems and interfaces it runs, significantly reducing complexity and resulting in higher levels of automation as well as much reduced IT maintenance expenditure. The implementation of WealthSuite - offering integrated functionality across back-office, front-office, e-banking and client reporting integrated - has also enabled Nordea Bank SA to replace its 'multi-system' front-office workspace for a single workstation, providing a 360 degree client view.

This ensures better customer experience due to enhanced relationship management and client service efficiency by the bank. Additionally, private banking customers will soon be able to have complete access to their banking information across any device and in real-time, as a result of the WealthSuite integration.