Nordea Finance has chosen CHP Consulting to provide back and front end systems to its Nordic divisions in a phased project over the next four years.

CHP will implement its ALFA Systems software suite with Nordea’s operations in Finland, Norway, Sweden and Denmark, starting with the migration of a large leasing portfolio in Finland in June.

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Andrew Denton, chief operating officer at CHP, said: "We’re delighted to be engaged by Nordea Finance for this vital and substantial new project. Its aim is to harmonise and simplify investment credit systems and business processes across the Nordic region, an area in which we’ve maintained a strong presence for the last six years."

During its time with Nordea, CHP will implement themes featured in its Right First Time series of articles on how to transform an asset finance company through systems implementation.

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