Case Study

Security Deposit Account System for a Large Nordic Bank - A User-Friendly Application Streamlined the Process of Setting up Security Deposit Accounts

Security Deposit Account System for a Large Nordic Bank - A User-Friendly Application Streamlined the Process of Setting up Security Deposit Accounts

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Security Deposit Account System for a Large Nordic Bank CASE STUDY Location: Scandinavia Size: 10,000+ employees Industry: Banking & Finance Client: Large Nordic Bank A User-Friendly Application Streamlined the Process of Setting up Security Deposit AccountsCLIENT BACKGROUND A Nordic bank that employs over 10,000 people and provides universal banking services, such as traditional corporate transactions, investment banking and trading as well as consumer banking including life insurance. BUSINESS CHALLENGE The Nordic bank wanted to streamline the process of the security deposit setup with a custom application. A fairly popular service among bank’s clients, a security deposit is a payment, given as a proof of intent to a property owner by the tenants. Depending on the terms of rental c

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