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Home » Financial Services

SEB – Enterprise Tech Ecosystem Series

Skandinaviska Enskilda Banken (SEB) has been focusing on using artificial intelligence, open banking, machine learning and data analytics to digitally transform its operations. The annual ICT spending of SEB was estimated at $306 million for 2021. A major share of this spending is earmarked for acquiring software, ICT services and hardware from vendors. SEB provides corporate and institutional banking as well as retail and SME banking. Corporate and institutional banking offers life insurance, pensions, shipping and real estate financing, research and strategy, transaction services, capital markets, investment banking, asset management, venture capital, and investor services. Retail and SME banking includes savings, lending, digital services, exchange and finance, overseas services, and wealth management.

The SEB enterprise tech ecosystem report will act as a reference point to understand a company/competitor’s digital strategy. It will also help in understanding the digital preparedness of the company against its peers. Information included in these reports are sourced from a mix of our very own internal database and authentic secondary research links such as company’s annual report, presentations, press releases etc. The report covers overview of the company, its digital transformation strategies, technology focus areas, accelerators, incubators, and other innovation programs, technology partnerships, technology introductions, investments, and ICT spending among others.

Digital Transformation Strategies

SEB is collaborating with various third-party providers and offering other institutions’ products through its own channels and platforms. SEB is embracing open banking through its developer portal and offering APIs to external developers.

To gain more insights on digital transformation strategies and initiatives of SEB, download a free report sample.

SEB Technology Theme Focus

SEB is utilizing a number of emerging technologies including artificial intelligence, machine learning, data analytics among others to enhance its operational and service capabilities.

SEB Technology Theme Focus

To know about other technology themes under focus for the company, download a free report sample

SEB Technology Initiatives

SEB has been involved in several strategic technology partnerships and collaborations, technology developments and roll outs, and technology investments over the last few years. For instance, in 2021, the company entered into a strategic partnership with Google Cloud to leverage the latter’s cloud technology and create products and services.

For more insights on other technology initiatives of SEB, download a free report sample

SEB ICT Spend by Function

  • Data center
  • Communications
  • Network
  • Applications
  • End-user computing
  • Management
  • ICT Service desk

SEB ICT Spend by Function

For more insights on ICT spending by function, download a free report sample

SEB ICT Spend by Channel

  • Internal development and maintenance
  • Technology vendors (direct)
  • Local resellers
  • Telcos
  • ICT services providers/consulting firms
  • Specialist outsourcers
  • Systems integrators

SEB ICT Spend by Channel

For more insights on ICT spending by channel, download a free report sample

SEB External ICT Spend by Segment

  • Software (including Cloud SaaS)
  • Hardware (including Cloud Iaas)
  • ICT services
  • Consulting
  • Network and communications
  • Others

SEB External ICT Spend by Segment

For more insights on external ICT spending by segment, download a free report sample

SEB Tech Ecosystem Overview

Total ICT Spending 2021 $306 million
ICT Spend by Function Data center, Communications, Network, Application, End-User computing, Management, and Service desk
ICT Spend by Channel Internal development and maintenance, Technology vendors (direct), Local resellers, Telcos, ICT services providers/consulting firms, Specialist outsourcers, and Systems integrators
External ICT Spend by Segment Software (including cloud SaaS), Hardware (including cloud Iaas), ICT services, Consulting, Network and communications, and Others
Technology Theme Focus Artificial intelligence, machine learning, data analytics

This report provides:

  • Insight into SEB’s technology activities.
  • Insights of its accelerators, incubators, and other innovation programs, and venture arm.
  • Overview of technology initiatives covering partnerships, technology introductions, and investments.
  • Insights on each technology initiative including technology theme, objective, and benefits.
  • Details of estimated ICT budgets.

Reasons to Buy

  • Gain insights into SEB’s technology operations.
  • Gain insights into its technology strategies and innovation initiatives.
  • Gain insights into its technology themes under focus.
  • Gain insights into its various partnerships.

Key Players

SparkBeyond

Nokia

Nordigen

R3

Nasdaq

Ripple

Google

Thought Machine

CGI

Progress Software Corporation

Vasco Data Security

Mastercard

Gemalto

Wärtsilä

Briox

Itiviti

DTCC

PE Accounting

Princeton Financial Systems

Fidesmo

Fujitsu

Nvision

Combient Mix

Now Interact

Qapital

Coinify

R3

Tink

Clavister

Arcot Systems

Cardlay

Apica

Leasify

Capcito

iZettle

Table of Contents

Table of Contents

Overview

Digital Transformation Strategy

Accelerators, Incubators, and Other Innovation Programs

Technology Focus

Technology Initiatives

Venture Arm SEB Venture Capital

Investments

Partnership and Investment Network Map

ICT Budgets and Contracts

Key Executives

About GlobalData

Frequently Asked Questions

The annual ICT spending of SEB was estimated at $306 million in 2021.

 

 

 

 

 

The key ICT spending categories by function for SEB are communications, data center, network, applications, end-user computing, ICT service desk, and management.

The key ICT spending categories by channel for SEB are internal development and maintenance, technology vendors (direct), local resellers, telcos, ICT services providers/consulting firms, specialist outsourcers, and systems integrators.

The key external ICT spending categories by segment for SEB are ICT services, software (including cloud SaaS), hardware (including cloud IaaS), ICT services, network and communications, consulting, and others.

The key technological theme in focus for SEB are artificial intelligence, machine learning, data analytics.

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