Verdandi selects SYSTEM10 from Entra as treasury solution

Verdandi selects SYSTEM10 from Entra as treasury solution The insurance company Verdandi Group in Turku, Finland, has installed SYSTEM10 from Entra as their treasury system. Entra provides a complete treasury solution covering trading in the Foreign Exchange, Equity and Money Markets. The Equity Module, which is launched with the installation at the Verdandi Group, has been developed by Entra in accordance with Verdandis requirements. - The SYSTEM10 treasury solution from Entra is unique in its thorough coverage of all types of trades in the market, from Equity to Exotic Money Market derivatives. The implementation of the new system has been handled professionally and above all on time according to a very tight schedule", says Jukka Sjösten, Investment Manager at Verdandi Life Insurance. The treasury solution SYSTEM10 is provided by Entra System10 in Malmö, an organisation with specialists in both financial and technical areas. Commitment and long-term relationships with the Customers and Suppliers have provided Entra with extensive experience in these areas. "With the installation of SYSTEM10 at Verdandi Entra further strengthens its position on the Nordic market and for the first time installs the newly developed Equity Module for a customer in the insurance sector." says Mats Kornö, Managing Director of Entra System10. The Verdandi Group is a Finnish insurance company with its Head Office and Treasury Operations located in Turku, Finland. The Group consists of life and pension insurance companies (Pension Insurance Company Verdandi Ltd and Life Insurance Company Verdandi Ltd). Verdandi is an independent, reliable and solvent insurance group that has provided finns with insurance services for almost a hundred years. The service net of Verdandi, consisting of 25 own service points, covers the whole country. The Verdandi Group is one of the most solvent insurance companies in Finland and aims at having a versatile investment policy. For further information, please contact: Mats Kornö, Managing Director, Entra AB, Entra System10 Tel: +46 40 17 48 85, mats.korno@entragroup.com Bo Nordlander, Managing Director, Entra AB Tel: +46 8 597 90 759, bo.nordlander@entragroup.com About Entra Entra is a part of the TietoEnator Group and is a market-leading partner for e-finance solutions on the European market. Entra has more than 270 customers and 460 employees in Europe. For further information, visit www.entragroup.com. TietoEnator is a leading IT consultant in Europe with a staff of over 10,000 and a turnover of 1.2 billion Euros. For further information, visit www.tietoenator.com. With a staff of 10,000 and annual net sales of 1.2 billion euros, TietoEnator is a leading supplier of high value-added IT services in Europe. TietoEnator provides consulting, systems development and integration, operation and support, product development services for customers, and software services. The Group has in-depth knowledge of its customers' businesses in areas such as telecommunications, banking and finance, the public sector and the forest industry. www.tietoenator.com TIETOENATOR CORPORATION DISTRIBUTION Principal media ------------------------------------------------------------ This information was brought to you by BIT http://www.bit.se The following files are available for download: http://www.bit.se/bitonline/2000/12/18/20001218BIT00530/bit0001.doc http://www.bit.se/bitonline/2000/12/18/20001218BIT00530/bit0002.pdf