FNZ’s Outsourcing Agreement With Swedbank

Setterwalls has advised FNZ on the deal.

FNZ (Europe) DAC announced the negotiations regarding an outsourcing agreement of financial services as well as the provision of development services and the company’s technical platform to Swedbank.

FNZ is an established global company that delivers complex outsourced IT and platform services to several of the world’s largest banks and financial institutions.

The deal is one of the largest investments in digital infrastructure in Swedbank’s history and important to FNZ that will provide development services and the technical platform in order to enable a cost-saving and scalable service with improvements when it comes to stability, supervision and regulatory compliance.

The Setterwalls team included Joacim Johannesson (Picture), Åke J. Fors, Andreas Löfholm, Daniel Nilsson, Kristina Einarsson, Tobias Björklund.

Involved fees earner: Tobias Björklund – Setterwalls; Kristina Einarsson – Setterwalls; Åke Fors – Setterwalls; Joacim Johannesson – Setterwalls; Daniel Nilsson – Setterwalls;

Law Firms: Setterwalls;

Clients: FNZ (UK) Ltd ;

Author: Federica Tiefenthaler