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Technology news

SEB collaborates with S&P Global Market Intelligence


16 July 2025 Sweden
Reporter: Zarah Choudhary

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Image: vejaa/stock.adobe.com
SEB is collaborating with S&P Global to adopt their cloud-based platform for custody operations across the Nordic region.

According to the firm, the new platform will enhance SEB’s ability to provide state-of-the-art services to several customer segments.

Ann Magnusson, head of Investor Services at SEB, says: “The new engagement with S&P Global gives us access to a tested platform that allows for the scale and flexibility we need, and enables quicker product development.”

Operated within S&P Global’s Market Intelligence division, the new platform is API-enabled and designed to support the full lifecycle of post-trade and asset servicing functions.

“Collaborating with SEB on this transformational journey represents a key moment in the evolution of our Securities Processing Platform,” adds Ankush Zutshi, head of securities processing and asset servicing at S&P Global Market Intelligence.

SEB will gradually move functionality and data to S&P Global’s platform over several years, which, according to SEB, means customers will also gradually experience improvements.

The bank will use the new platform in all Nordic countries for retail, private banking, family office, and sub-custody customers.
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