Denmark's largest lender, Danske Bank, has tapped the services of Netdania, which is a part of United Fintech, to revamp the chart functionalities of its District platform. According to the official announcement today (Tuesday), the partnership will enhance the bank's data visualization and user experience.
Legacy Bank Enhancing Its Digital Product
"This collaboration is a testimony of our dedication to offering our clients the market's most advanced and user-friendly digital solutions," said Jakob Nordentoft Beck Thomsen, the Managing Director/SVP Global Head of FX & TxB Sales (SME) with Danske Bank.
"The upgraded District platform will not only enhance our clients' user experience but also solidify and showcase our position as a digital leader in financial services."
Increasing the Pace of Technology Demand
Netdania offers market data, APIs, market terminals, charting components, and White Labels solutions on cross-platforms. The company has expanded its services and solutions over the years by adding new offerings. In 2019, it added a crypto data feed as a new asset class started to gain attention.
The Scandinavian company was the first acquisition of United Fintech when Christian Frahm launched it in 2020.
The latest announcement highlighted that it is the first collaboration between Danske Bank and Netdania.
"This partnership is a perfect alignment of our technological expertise and Danske Bank's client-centric approach. Together, we are setting new standards for digital financial services, and we're excited to see the positive impact the partnership will have for Danske Bank's clients," said Rasmus Bagger, Co-CEO of Netdania.
"We see new partnerships as a first step in an ongoing collaboration to help accelerate financial institutions' digital transformation, imminently now with Netdania as well as going forward in ascertaining and sustaining any evolving digital needs that we can cover as part of United Fintech."
Earlier this year, Citi also selected Netdania for similar charting and data visualization services.
