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Affecto will publish its Financial Statements Bulletin 2016 on 17 February 2017

Affecto will publish the Financial Statements Bulletin 2016 on 17 February 2017 approximately at 9:00 Finnish time.A briefing for analysts, investors and media will be arranged on the same day at 15:00 at Affecto Plc, Keilaranta 17 C, FI-02150 Espoo, Finland. Participants are kindly requested to register by phone +358 50 562 4077 or by e-mail: sakari.knuutti@affecto.com.The presentation materials will be available on Affecto's website during the same day.AFFECTO PLCSakari KnuuttiDirector, Legal & IRFor additional information, please contact:Sakari KnuuttiDirector, Legal & IR

AFFECTO CLOSES DEAL ACQUIRING CLOUD ANALYTICS FIRM BIGDATAPUMP

Affecto, a leading Northern European provider of data-driven solutions, has closed a deal acquiring BIGDATAPUMP to accelerate growth in cloud analytics across Finland and Scandinavia.“From governments to private businesses, organizations require agile approaches in analytics to remain relevant,” states Affecto’s Deputy CEO Iikka Lindroos. “Affecto and BIGDATAPUMP’S combined capabilities can now power any Nordic organization moving in that data-driven direction.” The companies have already begun joint delivery of an advanced data monetization project in Finland. Combining the strengths of

Affecto will implement an insurance core system for Norwegian insurance company Codan

Affecto has signed an agreement with Norwegian insurance company, Codan Forsikring NUF, for the implementation of an insurance core system. The value of the agreement is approximately 2.1 MEUR.Codan is aiming to implement TIA out of the box solution and decommission its legacy policy and claims system in order to meet corporate business development goals. Codan is therefore going to migrate its commercial line portfolio to TIA solution version 7.4. Affecto shall provide TIA version 7.4 implementation, configuration, training and data migration services. Codan’s goal is to improve

Affecto will implement an Enterprise Asset Management solution for Lithuania’s natural gas transmission system operator, Amber Grid AB

Amber Grid AB, operator of Lithuania’s natural gas transmission system, has contracted Affecto Lietuva to implement its Technological Asset Management System.Once implemented, the IFS system will manage the inventory, asset, purchasing, contract, work, project, and maintenance processes for Amber Grid. Valued at over €1.1M, the agreement will additionally provide software licenses and a three-year warranty related to the planned IFS applications. The contract was signed on 27 December, and implementation will begin in January 2017. Powering the Company that Fuels a Nation Amber

Affecto joins with BIGDATAPUMP to power data-driven businesses

Affecto and BIGDATAPUMP are joining forces to power data-driven businesses throughout Finland and Scandinavia.  Recognizing the future of data analysis to be the future of business itself, the two companies are forming a joint venture with the imperative of turning data into insight, insight into action, and action into sustainable solutions that bring real customer value.Customer Impact and the Business of Data. Both Affecto and BIGDATAPUMP recognize that no product can be called a solution until it actually solves real problems for customers (and their customers, respectively). This

Affecto spins off Weave, a new agile brand created by developers

Affecto, a leading Northern European information management company, is expanding into a unique and exciting new territory. Today, it’s officially launching Weave, an independent and agile business unit focused on service design and modern software development. Weave is already working on some of Finland’s most prominent and challenging digital services, such as Yle Areena.“The idea for Weave first came up in a developers’ meeting. We contacted Affecto’s management and they immediately gave us their full support. Spinning off Weave resonated with the company culture, which is all about

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