Tieto digitalizes the financing processes of Finnfund, a Finnish development financing company

The Finnish Fund for Industrial Cooperation Ltd (Finnfund) is procuring a case and document management solution from Tieto. The system will be deployed during 2016. It will digitalize financing-related processes and make related information easier to find and manage throughout its life cycle.

Finnfund finances approximately 160 company projects in more than 30 developing countries and Russia. The new solution will be used to manage documents related to investments, from reception to long-term storage or disposal. The solution can also be accessed with mobile devices. In the future, it may expand to cover other Finnfund functions, such as administration.

"It is important that we use information efficiently, make sure that the financing process runs smoothly and support decision-making by managers," says Minnamari Marttila, Director of Administration at Finnfund.

"It is great that our solution met Finnfund's requirements. The Public 360° product lays a strong foundation for rapid deployment and cost-effective management," says Leena Viljo, Vice President, Public Finland at Tieto.

The delivery is based on Software Innovation's Public 360° solution, which is a standardized case, document and archive management system. Software Innovation, acquired by Tieto in summer 2015, is the market-leading provider of electronic content management solutions in the Nordic region.

For further information, please contact:

Tieto
Leena Viljo, Vice President, Public Finland, Tel: +358 400 609458, leena.viljo[at]tieto.com

The Finnish Fund for Industrial Cooperation Ltd (Finnfund)
Minnamari Marttila, Director of Administration, Tel: +358 40 506 6553, minnamari.marttila[at]finnfund.fi

TIETO CORPORATION

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Tieto is the largest IT services company in the Nordics providing full lifecycle IT services. We also provide global product development services for companies in the communications and embedded technologies arena. Through industry insight, technology vision and innovative thinking, Tieto proactively strives to inspire and engage its customers in finding new ways of accelerating their business.

Building on a strong Nordic heritage, Tieto combines global capabilities with local presence. Headquartered in Helsinki, Finland, Tieto has over 13 000 experts in more than 20 countries. Turnover is approximately €1.5 billion. Tieto’s shares are listed on NASDAQ in Helsinki and Stockholm. www.tieto.com