Danish bank enlists GFT for ‘transformation’ 02 August 2016Copenhagen Reporter: Stephanie Palmer
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Technology consultant GFT is collaborating with Saxo Bank to improve operational efficiency and client services, and to support the bank’s next stage of growth.
According to GFT, it will offer operational best practices and support the bank’s “transformation initiative”, with a team of business and technical experts located at the bank in Copenhagen, where they will analyse and review its operations and help implement the strategic changes.
As part of its growth strategy, Saxo Bank intends to create a scalable and efficient, low-cost operations function that can support its entire product and client base, globally.
Marika Lulay, COO of GFT Group, said: “GFT works across the investment, retail and wealth management areas of many of the leading global banks and this latest appointment by Saxo Bank is a testament to their faith in our well-coordinated international team of specialists being able to deliver a strategic project with challenging timelines.”
Gerry Lelliott, global head of operations at Saxo, said: “GFT’s expertise and experience in this area will help to make sure that our world class operations initiative will deliver a range of advantages for Saxo Bank’s clients, including greater efficiencies across a number of business functions."
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