Sweden, 172 63,
Sweden
Swedbank Technographics
Swedbank Technographics, Software Purchases, AI and Digital Transformation Initiatives
Discover the latest software purchases and digital transformation initiatives being undertaken by Swedbank and its business and technology executives. Each quarter our research team identifies on-prem and cloud applications that are being used by the 16933 Swedbank employees from the public (Press Releases, Customer References, Testimonials, Case Studies and Success Stories) and proprietary sources.
During our research, we have identified that Swedbank has purchased the following applications: Benify Benefits for Benefits Administration in 2019, Temenos T24 for Core Banking in 2007, R3 Corda Blockchain Platform for Blockchain Platform in 2018 and the related IT decision-makers and key stakeholders.
Our database provides customer insight and contextual information on which enterprise applications and software systems Swedbank is running and its propensity to invest more and deepen its relationship with Benify , Visma , Teamtailor or identify new suppliers as part of their overall Digital and IT transformation projects to stay competitive, fend off threats from disruptive forces, or comply with internal mandates to improve overall enterprise efficiency.
We have been analyzing Swedbank revenues, which have grown to $7.72 billion in 2024, plus its IT budget and roadmap, cloud software purchases, aggregating massive amounts of data points that form the basis of our forecast assumptions for Swedbank intention to invest in emerging technologies such as AI, Machine Learning, IoT, Blockchain, Autonomous Database or in cloud-based ERP, HCM, CRM, EPM, Procurement or Treasury applications.
Swedbank Tech Stack and Enterprise Applications
HCM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Benify | Legacy | Benify Benefits | Benefits Administration | HCM | n/a | 2019 | 2019 |
In 2019, Swedbank deployed Benify Benefits for Benefits Administration on its corporate website. The implementation established Benify Benefits as the employee-facing benefits portal used to present benefit options and enable self-service enrollment for Swedbank staff, supporting HR and Total Rewards functions in Sweden for an organization of approximately 16,933 employees.
Configuration focused on standard Benefits Administration capabilities, including benefits enrollment workflows, configurable benefit catalogs, employee communications, and self-service account management within the Benify Benefits application. Governance emphasized centralized benefits configuration and HR administrator controls, aligning approval workflows and operational processes with HR and compensation teams to standardize benefit presentation and enrollment through the bank’s website.
|
|
|
|
|
Recruiting | HCM |
|
2016 | 2016 |
|
|
|
|
|
Recruiting, Applicant Tracking System | HCM |
|
2020 | 2020 |
|
ERP Services and Operations
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| Temenos | Legacy | Temenos T24 | Core Banking | ERP Services and Operations | n/a | 2007 | 2007 |
In 2007, Swedbank went live with Temenos T24 Model Bank to launch its Shanghai branch. Swedbank deployed Temenos T24 as its Core Banking platform to provision branch-level account opening, deposit and payments processing and to establish a production environment for local retail and corporate banking operations.
The implementation configured the Temenos T24 application as a model bank baseline, enabling branch transaction processing, teller workflows and customer account management consistent with Core Banking functional patterns. Rollout focused on the Shanghai branch with governance organized between branch operations and central core banking oversight to operationalize the platform for onshore services.
|
Blockchain
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
| R3 Corda | Legacy | R3 Corda Blockchain Platform | Blockchain Platform | Blockchain | n/a | 2018 | 2018 |
In 2018, Swedbank implemented R3 Corda Blockchain Platform to digitize trade finance operations and improve transparency across multi-party transactions. The R3 Corda Blockchain Platform was deployed to support trade finance business functions, aligning the bank with Blockchain Platform capabilities for automated contract execution and shared record keeping.
The implementation focused on Corda native capabilities, deploying shared ledger architecture and smart contracts to automate trade finance agreements and transaction workflows. Configuration emphasized immutable transaction records and contract automation to reduce manual reconciliation and accelerate the end-to-end trade finance lifecycle.
Swedbank hosted the solution on a private cloud with sensitive data managed in-house to address regulatory and data residency requirements. The platform was integrated with Swedbank’s existing trade finance systems and counterparty workflows to provide a single source of transaction truth across participating banks and corporate clients.
Operational governance incorporated in-house control of critical components and oversight of smart contract lifecycle and access controls, enabling coordinated consortium participation while retaining compliance responsibilities. As a result of the R3 Corda Blockchain Platform implementation Swedbank reported a 35% reduction in processing times and a 20% decrease in operational costs, driven by automation of trade finance agreements and improved transaction transparency.
|
Collaboration
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Collaboration | Collaboration |
|
2021 | 2021 |
|
Content Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Digital Asset Management | Content Management |
|
2018 | 2018 |
|
CRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Customer Experience | CRM |
|
2018 | 2018 |
|
|
|
|
|
Customer Support | CRM |
|
2019 | 2020 |
|
|
|
|
|
Marketing Analytics | CRM |
|
2011 | 2011 |
|
|
|
|
|
Marketing Analytics | CRM |
|
2019 | 2019 |
|
|
|
|
|
Marketing Automation | CRM |
|
2018 | 2018 |
|
Investment Management
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Trade Order Management System (TOMS) | Investment Management |
|
2019 | 2019 |
|
TRM
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
AML, Fraud and Compliance | TRM |
|
2008 | 2009 |
|
|
|
|
|
Treasury Management | TRM |
|
2017 | 2017 |
|
|
|
|
|
Treasury Management | TRM |
|
2011 | 2011 |
|
IaaS
Vendor |
Previous System |
Application |
Category |
Market |
VAR/SI |
When |
Live |
Insight |
|---|---|---|---|---|---|---|---|---|
|
|
|
|
Servers, Storage and Networking | IaaS |
|
2015 | 2015 |
|
IT Decision Makers and Key Stakeholders at Swedbank
| First Name | Last Name | Title | Function | Department | Phone | |
|---|---|---|---|---|---|---|
| No data found | ||||||
Apps Being Evaluated by Swedbank Executives
| Date | Company | Status | Vendor | Product | Category | Market |
|---|---|---|---|---|---|---|
| No data found | ||||||