Tieto partners with Ubisecure to boost building of secure business networks

Tieto and Ubisecure partnership provides companies with new user friendly and secure web services that stretch across organizational boundaries. The collaboration focuses primarily on projects in the financial services industry in Northern Europe and combines Tieto's and Ubisecure's expertise to boost convenience as well as security in the modern networked economy. Ubisecure's solutions complement Tieto's new concept for modernizing customer service in the banking sector. Financial companies can expand their services portfolio and thus gain competitive advantage. The concept brings new business opportunities through improved customer service and increases efficiency through easier administration of users. By implementing the service, e.g. banks enable consumers to safely and easily accept their financial transactions, use a variety of connected e-services, pay purchases and sign agreements through their online bank or mobile device.

Sami Uski, Tieto's Business Advisor at Financial Services says: "We can help banks and insurers to digitalize their business and improve their customer service. Together with Ubisecure, Tieto provides solutions where banks' customers are able to authenticate themselves in a service produced by one supplier and access another organization's service securely without explicit re-authentication."

Juha Remes, Director at Ubisecure Solutions says: "Simplified authentication processes across organizations are increasingly needed, as they improve efficiency of service providers and users. Development of seamless, reliable security solutions is one of our core competences. Together with Tieto's strong position within the financial services sector in Northern Europe, we will get new opportunities to grow within this industry."

Tieto has more than 40 years of experience in working with the Nordic banks and financial institutions. It helps to run daily business more efficiently, manage risks and boost growth opportunities enabled by integrated IT solutions. Tieto acts as a responsible service integrator, linking selected partners together in order to provide complete solutions for customers in the finance sector. Ubisecure strengthens Tieto's services by offering advanced authentication, access control, federation and identity management solutions that have been trusted in the Nordic market since 2002.

For further information please contact:

Sami Uski, Business Advisor, Tieto Financial Services, tel. +358 40 5151 230, sami.uski@tieto.com

Kia Haring, Head of communications, Tieto Financial Services, tel. + 358 40 765 3700, kia.haring@tieto.com

Juha Remes, Director, Ubisecure Solutions Inc, tel. + 358 40 483 5550, juha.remes (at) ubisecure.com

Charles Sederholm, Chairman, Ubisecure Solutions Inc, tel. +358 50 556 2241, charles.sederholm (at) ubisecure.com

Tieto is the leading IT service company in Northern Europe providing IT and product engineering services. Our highly specialized IT solutions and services complemented by a strong technology platform create tangible business benefits for our local and global customers. As a trusted transformation partner, we are close to our customers and understand their unique needs. With more than 17 000 experts, we aim to become a leading service integrator creating the best service experience in IT. www.tieto.com

Ubisecure paves the way for a smoother and safer internet. Ubisecure software products enable new online business concepts and speed the growth of existing web-based operations by combining separate sites and services into larger trusted areas. The innovative products allow internet users to flexibly and securely move between online services - without encountering repeated login prompts. Ubisecure maintains an extensive network of partners that offer organizations consulting and technical services, and provides high-level training in secure online business through the widely appreciated Ubisecure IAM Academy. Founded in 2002 in Finland, Ubisecure Solutions Inc. is a pioneering provider of standardized identity and access management solutions. For more information, please visit www.ubisecure.com.