EDB's Infobank solution gives users access to a wide range of public and private sector information databases from a single interface.

 

"This agreement confirms EDB's position as a strategic partner for the SpareBank 1 alliance. I warmly welcome the confidence in EDB that this contract demonstrates, and I look forward to extending our excellent collaboration with the alliance into this area as well", comments Wiljar Nesse, Executive Vice President - Bank and Finance at EDB.

 

EDB was selected in competition with a number of other suppliers in this market. User-friendliness, price and the scope for seamless integration with other EDB solutions were among the criteria that the SpareBank 1 alliance used in deciding on Infobank.

 

"We have long-standing and good experience of EDB as a supplier in a number of areas. Through EDB Infobank we will now have access to one of the market's best solutions for using information from registers. This together with the other products and services that EDB supplies will help to rationalise and improve everyday tasks for employees in the SpareBank 1 alliance", explains Eivind Gjemdal of SpareBank 1 Gruppen.

 

EDB will provide access to information from a number of public database registers, including the central co-ordinating register for legal entities, the national population register, the real estate register and the register of mortgaged movable properties. The solution will give users in the banks access to a screen-based interface for on-line enquiries, and also provides a program interface for integration with other systems (API). This will, for example, use web services and automated solutions to maintain the banks' object-based portfolios such as retail and corporate objects.

 

EDB brings together access to a wide range of public and private sector information databases through the Infobank concept. EDB offers unified access to external information through on-line integration with the customer's own applications, as well as data extraction to printed reports or electronic media and functionality to maintain and update register portfolios.

The solution collects information from selected public and private sector registers, and brings the data together for unified presentation. The solution is used for case processing by customers in both the public and private sectors.

 

Wiljar Nesse, Executive Vice President - Bank and Finance, EDB. Tel: +47 934 48 116

Eivind Gjemdal, Executive Vice President - Payments, IT and e-commerce, SpareBank 1 Gruppen AS. Tel: +47 915 32 218

Asbjørn Hønsvall, Vice President - Information, EDB. Tel: +47 915 86 868

 

 

About SpareBank 1
The SpareBank 1 alliance comprises 20 independent banks and two jointly-owned commercial banks. The SpareBank 1 banks collaborate as an alliance and manage the alliance's product companies through the jointly owned companies SpareBank 1 Utvikling DA and the holding company SpareBank 1 Gruppen AS.

 

SpareBank 1 Gruppen is owned by SpareBank 1 SR-Bank (19.89%), SpareBank 1 Nord-Norge (19.89%), SpareBank 1 SMN (19.89%), Sparebanken Hedmark (11.14%), Samarbeidende Sparebanker (19.89%) (16 savings banks in the east, west and north of the Vestland region), and the Norwegian Confederation of Trade Unions (LO)/affiliated unions (9.29%).

 

SpareBank 1 Gruppen AS holds 100% of SpareBank 1 Livsforsikring, SpareBank 1 Skadeforsikring AS, Bank 1 Oslo AS, ODIN Forvaltning AS, SpareBank 1 Medlemskort AS and SpareBank 1 Gruppen Finans Holding AS, as well as 75% of Argo Securities and 24.5% of First Securities AS. SpareBank 1 Gruppen Finans Holding AS holds 90% Actor Fordringsforvaltning AS and 100% of SpareBank 1 LTO AS. SpareBank 1 Gruppen AS is also a participant in SpareBank 1 Utvikling DA.  

 

SpareBank 1 Gruppen also has administrative responsibility for the collaboration processes of the SpareBank 1 alliance, with particular focus on technology, brand identity, competence management, shared processes/best practice and purchasing. The alliance also carries out development work through three centres of expertise in the areas of Training (Tromsø), Payment Services (Trondheim) and Credit (Stavanger).

 

About EDB
EDB Business Partner is one of the leading IT groups in the Nordic region. The company offers solutions for the full range of business-critical IT services. EDB aims to be a close and attentive partner that leverages its deep industry knowledge and international capabilities to help its customers realise the full potential of IT. The company has local presence in 13 countries, around 6,200 employees and annual turnover of approximately NOK 8 billion. EDB Business Partner is listed on the Oslo Stock Exchange.