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New Nordic consultancy bets on market gap for capital market software

Having difficulties stretching your in-house resources to meet both regulatory demands and plans for digital expansion? Tried hiring help and couldn't find it locally? The founders of Nordic financial sector software consultancy Nor Associates are basing their business case on the idea that many local financial firms are having exactly these problems.

Lars Elmegaard-Fessel (left) and Vincens Riber Mink (right) have formed Nor Associates targeting software solutions in financial sector | Photo: Nor Associates

Two financial sector software experts have linked up to form a new Nordic consultancy, which aims to fill a gap in the market.

"What we've seen while working at banks ourselves is that finding Nordic consultants with the right level of technical skills and right level of business and domain understanding and the right mode of operating in a financial institution is almost impossible," says Lars Elmegaard-Fessel, CEO and co-founder of Nor Associates.

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