On the basis of an extensive selection process, Oslo Pensjonsforsikring has chosen Vitec Aloc’s PORTMAN investment management system to handle assets of approximately NOK 100 billion.
Motivating this selection, Oslo Pensjonsforsikring emphasises that Vitec Aloc is a Nordic supplier with good competences within the Nordic capital market. Furthermore, Vitec Aloc’s solutions are scalable, with broad support for front, middle and back office processes, enabling Oslo Pensjonsforsikring to grow on a cost-effective basis.
“We view Vitec Aloc as a highly professional, solid and dynamic system supplier and collaborative partner, and a good match for us,” says Mette Cecilie Skaug, director of the project’s steering committee.
Vitec Aloc’s PORTMAN product is a market-conforming platform with the option to add different modules, as needs and requirements continue to evolve in a dynamic market. The solution is delivered as Software-as-a-Service (SaaS).
“We’re happy to expand our engagement in the Norwegian pension segment with this major and essential deal. We’re proud that Oslo Pensjonsforsikring is buying into our business model, which is highly focused on partnership, transparency and long-term collaboration,” says Mikkel Rahbek Brunse, Interim CEO of Vitec Aloc A/S.
Oslo Pensjonsforsikring is a life insurance company that handles general insurance and is owned by Oslo Municipality. The company is one of the largest non-governmental investment managers in Norway.
The overall objective is to keep clients’ insurance costs as low as possible. This is achieved through efficient operations, good investment management and targeted damage-prevention work.
Vitec Aloc is part of the group, Vitec Software Group, which is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. The 950 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,313 million in 2020. Find more at www.vitecsoftware.com.
Oslo Pensjonsforsikring is a life insurance company that handles general insurance and is owned by Oslo Municipality. The company is one of the largest non-governmental investment managers in Norway.
The overall objective is to keep clients’ insurance costs as low as possible. This is achieved through efficient operations, good investment management and targeted damage-prevention work.
Vitec Aloc is part of the group, Vitec Software Group, which is market leader for Vertical Market Software in the Nordic region. They develop and deliver standard niche software. Vitec grows through acquisitions of well-managed and well-established software companies. The Group's overall processes together with the employees' in-depth knowledge of the customer's local market enables continuous improvement and innovation. The 950 employees are based in Denmark, Finland, Norway and Sweden. Vitec is listed on Nasdaq Stockholm and had net sales of SEK 1,313 million in 2020. Find more at www.vitecsoftware.com.
If you have any questions, or would like to know more, please contact Mikkel Rahbek Brunse, CEO, at +45 29997160 or send us an email.
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