Swedbank (Luxembourg) S.A. is to pilot test an Internet-based private banking software program from Financial Objects.

Swedbank is one of 13 banks helping the London-based vendor develop its ActiveBank S2 program.

Rudolf Bolen, senior vice president at Swedbank, said it chose to install and test ActiveBank S2 because of its client/server architecture and Internet capability.

Swedbank will provide detailed input on the new software, a Financial Objects spokeswoman said. ActiveBank S2 is based on Windows NT. Financial Objects' previous program, IBIS, is based on the AS/400 operating system.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.