Finnish Bank Sampo’s Subsidiary Mandatum Life Partners with Saxo Bank

Online financial services provider Mandatum Life is partnering with Saxo Bank. The new customer of the Danish bank is also a subsidiary of one of the biggest shareholders of the brokerage – Sampo Group.
Saxo Bank will deliver to its new clients access to the company’s trading technology in the first half of next year. The new service is geared towards providing Finnish stock investors will access to global financial markets.
A total of 35,000 different financial instruments including, stocks, ETFs, currencies, commodities will become available to clients of Mandatum Life.

“We see great potential in this market, as Finland is lagging behind other Nordic countries when it comes to investing. Mandatum Life wants to offer more alternatives for Finnish investors and the global dimension of Trader service brings new alternatives for global diversification to all Finnish investors,” the CEO of Mandatum Life Petri Niemisvirta commented.
The customers of the Finnish company will have a variety of platforms to choose from. Saxo Bank is offering to its own clients and SaxoTraderPRO, two distinct versions of its new generation software solution.
This is a very comprehensive offering catering to all investor segments with different levels of investment experience and wealth.”, Odenwall says. 
Saxo Bank’s Clients
The institutional client base of Saxo Bank is significant. The company stated that it currently has over 120 clients. The CEO and founder of Saxo Bank, Kim Fournais, commented: “Saxo Bank has always strived to democratize trading and investment to empower everyone with the best tools and opportunities to navigate their own financial destiny.”
The firm has been providing its services for white labeling since the early days of the FX industry. With its new proprietary technology stack launched in 2015, the firm layer the groundwork for a transition.
Earlier this year, the professional-oriented version of its software called . The new software suite replaced the firm’s legacy platform based on .NET technology with HTML5.