But there is nothing old-fashioned about the contract, with access to the most advanced technologies such as artificial intelligence part of it. Although there is significant traditional
outsourcing in there as well, with IBM taking over the bank’s IBM Z mainframe operations in five countries. The plan is that IBM will help Nordea benefit from the latest technologies which its fintech competitors are built on.
Also in this issue, find out how these fintechs are under the lens of governments in the region, which see the sector as a huge business opportunity.
And beyond financial services IT, read about the progress being made in the Nordic region in terms of increasing the numbers of women in senior management roles.