News

05/07/2011

OpusCapita joins forces with Tieto to provide companies with bank connections all over the world

 

The new partnership with Tieto ensures international bank connection services for OpusCapita's customers through a familiar Nordic company. The cooperation with Tieto provides OpusCapita's customers with access to the services of all the banks around the world.

"Tieto is the first and only Nordic company to offer companies connections to the international SWIFT bank network. The Tieto Payment Factory service enables connections with banks around the world," says Markus Hautala, Director, Tieto, Value Networks.

"The competence and experience of the two Nordic companies together will offer OpusCapita's customers direct and safe payment, accounts and liquidity management processes globally," says Janne Suomalainen, OpusCapita's Product and Partner Management Director.

This solution means that global companies will no longer need country- and company-specific local bank connections and complicated systems. The absence of bank-specific channels will boost the agility and flexibility of the companies using the new solution and speed up reactions to changing situations. This will result in uniform procedures in all operating countries and companies as well as considerably improved control and cash monitoring.

"Our new solutions will provide significant benefits to OpusCapita customers, for example those with several subsidiaries abroad, as one subsidiary may use SAP and another may use Oracle. With OpusCapita cash management solutions, customers can easily combine various systems and services into a global bank connection service," Suomalainen says.

Further information:

Tiina Härkönen
CMO
OpusCapita
+358 207 463 211
tiina.harkonen(at)opuscapita.com

Fast facts about OpusCapita

OpusCapita helps organisations become more agile and efficient by automating cash flows. Nearly 30 years' experience in cash management and treasury solutions has enabled OpusCapita to develop software and services that have made it a European benchmark in cash flow automation. The company invests significantly above the industry average in product development, and develops the world's most user-friendly financial software. OpusCapita employs over 130 people in Helsinki, Tampere, Stockholm and Copenhagen. Its revenue was just below EUR 17.5 million in 2010. The company was established in Finland in 1984, and is privately owned.
Tieto Oyj

Tieto Oyj is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers.
As a trusted transformation partner, we are close to our customers and understand their unique needs. With about 18 000 experts, we aim to become a leading service integrator creating the best service experience in IT.

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