Eika Boligkreditt chooses Vitec as supplyer of Treasury-software
Vitec Aloc A/S has entered into an agreement with Eika Boligkreditt AS regarding the treasury- and portfolio management system PORTMAN, which will be used to support the management of Eika Boligkreditt’s assets of 96 Billion norwegian kroner.
Eika Boligkreditt assessed Vitec’s solutions to cost effectively match the requirements for a system, with cross-asset support of front-to-back processes in a treasury setup.
Vitec Aloc's PORTMAN solution is based on a standardized platform, designed for portfolio management, with the possibility to adapt different individual modules, as needs and demands changes in a dynamic capital market. The solution is delivered as Software-as-a-Service (SaaS).
We are happy to welcome another client within the Treasury segment in Norway. And we are proud that Eika Boligkreditt buys into our business model focused upon partnership, transparency and long-term collaboration, says Kim Møller Jensen, CEO Vitec Aloc A/S.
Eika Boligkreditt is owned by 74 Norwegian local banks, which together constitute the third largest banking group in Norway with 209 branch offices and more than 2,300 employees. With a top-notch collateral score from Moody´s, Eika Boligkreditt is ranked the second best out of over 200 covered bond issuers in terms of quality of collateral.
Eika Boligkreditts assets under management was NOK 96 billion as of December 31, 2016.
Vitec Aloc A/S
Vitec Aloc A/S is part of Vitec Software Group and provide solutions which meet all professional requirements for portfolio and risk management, treasury and stock exchange trading, and they are used by some of the most successful companies on the market. Our services cover a full range from consultancy and analysis via integration and implementation to hosting.
For more information, please contact:
Kim Møller Jensen, CEO Vitec Aloc A/S, telefon +45 6313 6176