Handelsbanken Fonder Adopts Denodo Platform for Data Management

Handelsbanken Fonder, the asset management arm of Swedish institutional bank Handelsbanken, has selected the Denodo Platform for its data management needs. The adoption aims to streamline how the company manages data and expedite the creation of new digital savings offerings.

By enhancing its data management capabilities, Handelsbanken Fonder can integrate data from multiple sources more rapidly and securely. This reduces the need for data duplication and shortens development cycles, critical factors in the competitive financial services sector.

"With the Denodo Platform, we enhance our capacity to deliver innovative solutions for asset management services," said Roger Ehrnstlin, head of Development IT-Asset Management at Handelsbanken. "Additionally, we will be able to provide customers with modern savings services while increasing both flexibility and security."

The implementation provides Handelsbanken Fonder with unified and secure access to data from various sources, including market data, fund and insurance systems, and external real-time APIs. This establishes a foundation for improved data governance, increased data reuse, and faster launch of new savings solutions.