Case - DNB

Vitec private banking systems used by DNB

DNB Private Banking offers exclusive holistic advisory services with a comprehensive palette of products and services – including asset management, investment products, financing and insurance.

DNB Private Banking was looking for a supplier that could support their private banking concept with a broad advisory solution and powerful reporting tools. Purpose: To give the advisors overview of the clients’ individual situations in savings, pension, real estate, insurance and loans. At the same time, DNB Private Banking wanted a fully automated reporting solution, that is flexible and that can handle multiple types of client segments and solutions

Vitec was in the final race and was selected for creating an extensive private banking platform for DNB Private Banking.

One of the great challenges was a total consolidation of all client data, and the solution required interfacing with a number of systems, including:

■ DNB core banking
■ Settlement and price information systems
■ VPS – Norway’s Central Securities Depository

The platform now consists of the underlying business logic with access to a number of highly specialized core functionalities as well as an intuitive and easy to handle web-based advisory solution.

The system is used in DNB Private Banking in Norway and in Luxembourg.


Frode Ekeli, Head of Private Banking at DNB

Key elements of DnB NOR’s Private Banking concept are competent and experienced advisors, individual service, personal finance advisory services and a complete range of products and services. Private Banking’s investment philosophy and market outlook are available in one integrated wealth management solution called S5:

  • Style
  • Selection
  • Specialist expertise
  • ”Syclicality” and Structure

This combination of structured asset management and DnB NOR’s specialist expertise gives the clients access to comprehensive wealth management suited to their particular risk profile. The approach is designed to ensure that the customer’s investment allocation is always in line with the strategic and tactical risk profile. This way we can provide our customers with our best advice in one single solution.

This combination of structured asset management and DnB NOR’s specialist expertise gives the clients access to comprehensive wealth management suited to their particular risk profile.

This combination of structured asset management and DnB NOR’s specialist expertise gives the clients access to comprehensive wealth management suited to their particular risk profile. The approach is designed to ensure that the customer’s investment allocation is always in line with the strategic and tactical risk profile. This way we can provide our customers with our best advice in one single solution.

The approach is designed to ensure that the customer’s investment allocation is always in line with the strategic and tactical risk profile. This way we can provide our customers with our best advice in one single solution.

This combination of structured asset management and DnB NOR’s specialist expertise gives the clients access to comprehensive wealth management suited to their particular risk profile. The approach is designed to ensure that the customer’s investment allocation is always in line with the strategic and tactical risk profile.

This way we can provide our customers with our best advice in one single solution.

The approach is designed to ensure that the customer’s investment allocation is always in line with the strategic and tactical risk profile. This way we can provide our customers with our best advice in one single solution.

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