Lease software specialist Banqsoft has just signed a major contract with Norway’s largest financial services group DnB NOR Finans covering Norway, Sweden and Denmark.
The Nordic software house, which provides solutions for the management of credit portfolios including leasing, floorplanning and fleet management, said that the agreement follows a number of “strategic contracts” with blue-chip financial institutions in the region, including Santander, Volkswagen and Toyota.
Commenting on the agreement, Per Axelsen, IT-development manager at DnB NOR Finans, said: “We believe that the modern and flexible platform of Banqsoft will reduce our operational costs significantly, giving us the ability to focus more on customer processes and the distribution of products.”
Banqsoft is also expanding to Eastern Europe, having recently signed a contract with Raiffeisen Leasing.
The company has offices in Oslo, Stockholm, Helsinki, Warsaw and Gdansk and is headed by Stefan Niemi.