[Techtaffy Newsdesk]

Accenture has signed a five-year application development and maintenance services agreement with Nordea, a financial services group in the Nordic and Baltic Sea region.

Under the terms of the agreement, Accenture will develop and maintain existing and new applications in the areas of risk management, treasury, human resources and procurement management.

The agreement also extends Accenture’s prior agreement to maintain the applications that support Nordea’s Basel II compliance reporting.

The application development and maintenance services will be delivered through Accenture’s Global Delivery Network using delivery centers in India, with local service management in Sweden.