Tieto Oyj entering an agreement on supplying its basic application for banking services to FOREX Bank's Finnish operation. The agreement, which runs for five years, means that FOREX Bank will soon also be able to offer its Finnish customers traditional banking services in addition to currency exchange, cash services and money transfers. Tieto's basic application for banking services has been designed to focus on efficiency and flexibility, which should make it possible to rapidly get a banking operation up and running and make local adjustments to the requirements of the market in question.

The solution for FOREX Bank will be supplied as a service that, in addition to the basic application, will also comprise implementation, operation, support and development of the system.