The bank has selected Flexcube for its banking transformation initiative across Latvia, Lithuania, Estonia, Poland, Finland and Denmark. The transformation project spans the corporate and consumer business of DnB NORD, across multiple legal entities. A joint team from the bank and i-flex Consulting created a common business operating model across all countries, and is now helping DnB NORD standardize its business structure and processes on Flexcube for better operational efficiency.
Jan Kuhnel, chief operating officer of Bank DnB NORD, said: We are pleased that Flexcube has gone live in a remarkably short time span – about four months – in Denmark and Finland. i-flex has demonstrated its ability to deliver solutions at aggressive timelines and we’re confident the transformation of our banking platforms in other countries will follow just as quickly. The ability to run multi-entity operations and the product’s breadth of functionality to address the needs of our existing businesses, and evolving demands shaped by future growth and shifting regulatory requirements, were ideal credentials.
