Savings Banks Group chose Digia to overhaul its savings and investment services

On 31 December 2021, Savings Banks Group and Digia signed an agreement under which Digia will provide Savings Banks Group with the Savings and Investment Service. The service consists of a system based on the Digia Financial Systems product family, infrastructure services and selected back-office functions. Going forward, functions like customers’ fund and share subscriptions will be handled by Digia’s service. The new service is set to be deployed in spring 2023.

The deployment of the new system is closely linked with Savings Banks Group’s strategic goal of offering the best set of personal and digital services in Finland. Digia’s service package allows for future development needs to be implemented in a flexible way and further improves the selection of wealth management services Savings Banks Group offers its customers.

“Savings Banks Group is continuing the development of its wealth management system by adopting the Savings and Investment Service offered by Digia. Effortless investment processes and the flexible development of services further the digitalisation of Savings Bank’s investment services and our ability to provide an excellent customer experience,” says Mika Laakkonen, Chief Business Officer, Wealth Management at Savings Banks Group.

“Digia’s goal is to offer wide-ranging services to organisations in the financial sector. The service package based on Digia’s own Financial Systems product family we are delivering to Savings Banks Group is an excellent example of this kind of wide-ranging and versatile approach. We also have expertise and complete processes for managing things like tightly regulated back-office functions, which usually suck up a significant amount of resources from financial-sector organisations but don’t provide a competitive edge. We are excited about the opportunity to work with Savings Banks Group,” comments Sami Vallinkoski, Director, Digia Financial Services.

Further information:

Sami Vallinkoski
Director, Digia Financial Services
Tel. +358 40 740 6598

Mika Laakkonen
Chief Business Officer, Wealth Management at Savings Banks Group
mika.laakkonen(at)saastopankki.fi
Tel. +358 40 065 6798

Savings Banks Group has been promoting the financial wellbeing of individuals and society for two centuries. We want to be known for our courage, expertise and passion for excellent customer work. Savings Banks Group consists of local Savings Banks across Finland and the Savings Bank Centre. In addition to comprehensive retail banking services, we offer our customers investment, house buying and insurance services.

Digia is a software and service company that helps its customers renew themselves in the networked world. There are more than 1,300 of us working at Digia. Our roots are in Finland and we operate both in Finland and abroad. We are building a world in which digitalisation makes a difference – together with our customers and partners. Digia net sales were EUR 139.0 million in 2020. The company is listed on Nasdaq Helsinki (DIGIA). digia.com