Meniga partners with Applicon to bring PFM to Sweden
28/04/2010 12:31Applicon Sweden has been named local partner for Meniga’s leading Personal Finance Management (PFM) Software. Meniga and Applicon will be working together to provide retail banks in Sweden with Meniga’s leading PFM solution.
Personal Finance Management (PFM) is a new generation of personal finance solutions. In essence PFM is advanced, highly automated, visual, web-based personal finance software. Meniga’s PFM solution automatically reads and categorizes transactions from people’s bank accounts and credit cards, presents the information visually and provides various intuitive tools to help people manage their money and find realistic savings.
“PFM is the next generation of online banking and a big step towards virtual financial advisors. PFM will revolutionize the relationship between banks and their customers in much the same way that online banks did 15 years ago. Offering PFM is the best and most efficient way a retail bank can help its customers manage their money and is essential for any retail bank’s long-term strategy to stay close to its customers. Meniga’s PFM offering is state-of-the-art and we are excited to bring it to our customers to help them better serve their customers. ” says Arne Nabseth, CEO of Applicon Sweden.
“PFM offerings have been a huge success story for banks in Spain, USA, Iceland and elsewhere but no such service is available in Scandinavia yet. The partnership with Applicon is a natural marriage as Applicon’s track record and expertise in providing IT solutions to retail banks makes them the ideal partner to bring PFM to Scandinavia.” says Georg Ludviksson, CEO of Meniga.
About Meniga: – http://www.meniga.com/
Meniga is a Nordic software company with operations in Stockholm and Reykjavik. Since 2008 it has been building a best-of-breed PFM solution that rivals any PFM solution available in the world today in terms of functionality, usability, scalability and security. Meniga is a pioneer in PFM in Europe and has seen excellent user feedback and engagement metrics since it launched its PFM solution in 2009 in its pilot market in Iceland in partnership with a local retail bank. 9 out of 10 users say they would recommend using Meniga to their friends.
About Applicon: – http://www.applicon.se/
Applicon Sweden delivers Business value to its customers in the Banking and Financial Services Industries by helping its customers utilizing a combination of standardized IT software, Applicon products and intelligent services. More than 50 highly experienced and skilled consultants provide most of the large Swedish financial institutions and bank with services like application management, business consulting, standard systems implementation and localizations and systems development. Applicon is an implementation partner for established suppliers of standard software such as SAP and Calypso, and a Gold Partner with Microsoft. Applicon Sweden has around 50 employees in Stockholm and Gothenburg,
Meniga contact information:
Georg Ludviksson, CEO: +46 (0)7 67 822 146
georg@meniga.com
Applicon contact information:
Arne Nabseth, CEO: +46 (0)8 407 36 80
arne.nabseth@applicon.se
