Hi-tech partnership provides Metso with innovative connectivity to banks

 

Streamlining and standardisation of financial processes by moving to Tieto SWIFT Service Bureau

 

“We decided to connect to our banks via SWIFT, but knew that implementing a SWIFT connectivity infrastructure was not going to be something we would be willing to invest in. So we decided to connect to SWIFT via Tieto Service Bureau.”

-  Kenneth Westerberg, Vice President,
Corporate Cash Management, Metso

Kenneth

8500

Access to over 8500 banks across the world.
Source: Tieto

 

 

Challenge

  • An improved and innovative bank connectivity solution was required.
  • Metso wanted to implement a SWIFT connectivity, without investing in the infrastructure.

 

Solution

  • Tieto SWIFT Service Bureau – an advanced bank connectivity service that provides Metso with access to more than 8 500 banks around the world.
  • The service can be used for payments, securities, trade finance and other financial messaging.

 

Results

  • Greater flexibility, and extends the shared financial services concept to Europe.
  • Helped in gaining increased visibility of daily cash flow.
  • Lower costs, greater security and improved operational risk management.

MetsoLogo

  • A global supplier of sustainable technology and services.
  • Services for mining, construction, power, paper and other industries.
  • About 29,000 employees in more than 50 countries.

 

Want to know more?

Contact Markus Hautala

+358 40 182 4299

markus.hautala@tieto.com

 

 

Read the full story (PDF)