Nordea, the leading bank in the Nordics, chose Loan IQ to replace four structured lending legacy systems in the four Nordic countries (Sweden, Norway, Denmark and Finland) where they had structured lending back office operations.

The NASA project was kicked off in 2011 and a first go-live was planned and delivered in Sweden at the end of 2012. After this successful implementation the project continued in Norway in 2013, where again a successful go-live was delivered on time and within budget. The project continued in both Denmark and Finland at the same time with two independent teams. Additionally during the implementation project, the project team upgraded Loan IQ from version 6 to version 7.

Working side by side with Nordea employees, we were able to succesfully complete the full Loan IQ implementation project in 4 countries, and upgrade the system to the latest version. Throughout the project, our main aim was always to bring simple solutions to complex problems. 

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