back Back

Danske Bank chooses SunTec to implement its Fee Management platform

By Leandra Monteiro

February 11, 2022

  • API Banking
  • Billing
  • Denmak
Share

Danske Bank, SunTec SunTec Business Solutions, a pricing and billing company, announced that it has been chosen by Danske Bank, a Danish multinational bank, for their enterprise-wide Fee Management Program. SunTec will deploy its cloud-agnostic solution, Xelerate, in a SaaS model to modernise the bank’s fee and billing management processes.

SunTec Xelerate will help the Bank to access products and pricing via APIs, ensure faster time-to-market and provide flexible bundling options. This will improve sales processes leading to a better customer experience with more transparency and flexible pricing options.

Nicolaj Gudbergsen, Senior Vice President and Head of Digital Core Banking at Danske Bank said, “Implementing the right pricing capabilities is a critical step in the transformation of Danske Bank’s core banking engine. SunTec is providing a platform that supports our product roadmap, and provides the flexible technology we need, and enable us to digitize our workflows as we scale.”

Nanda Kumar, CEO & Founder of SunTec said, “We are happy to have been chosen by Danske Bank and we look forward to deploying our cloud-native solution to implement the Fee Management platform as part of their digital core modernization. Through this collaboration, we will enable Danske Bank to implement innovative and customer centric pricing models.”

With Xelerate the bank will benefit from agility, reduce revenue leakage, and enhance customer experience.

Previous Article

February 10, 2022

emerchantpay extends its local payment capabilities to Latin America

Read More
Next Article

February 11, 2022

Form3 hires ex-SWIFT Chief Executive for US Market Expansion

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

API Banking

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 18, 2024

5 RegTech platforms streamlining finance compliance in India

Read More

April 18, 2024

Aryza and Dotdigital to elevate customer experience in credit & debt management

Read More

April 18, 2024

Lemon secures £500K to help SMBs track their SaaS expense

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023