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FlexNet Manager Suite for Enterprises to Optimise Global Software Licensing Estate for Nordic Region's Largest Financial Services Organisation

Maidenhead, UK – May 5, 2015. Flexera Software, the leading provider of next-generation software licensing, compliance and installation solutions for application producers and enterprises, today announced that a contract has been signed withNordea, one of the largest financial services groups in Northern Europe, to implement FlexNet Manager Suite for Enterprises across its organisation. The Software License Optimization solution will help to reduce software waste, ensure compliance with vendor policies as well as optimise software spend across Nordea’s software estate, both on the desktop and in the datacenter.
Due to its size and spread, the organisation needed a Software License Optimisation solution that integrated well into its existing environment. After a thorough evaluation, Nordea chose Flexera Software because of its ability to go beyond simple software asset management and ensure optimisation of its software estate – enabling continual compliance. Nordea takes license compliance seriously and wanted to implement FlexNet Manager Suite not only to ensure visibility and control of its hardware and software assets moving forward, but also to eliminate waste in software spend by helping the company buy only what it needs, and use what it has.
Once implemented, FlexNet Manager Suite for Enterprises will continuously monitor application usage and correlate usage data with select software license agreements to provide a continuous, comprehensive view of Nordea’s license position. The software will support efforts to proactively ensure compliance, reduce audit penalty risk and ongoing software spend by uncovering and reharvesting unused software – eliminating waste from buying unneeded software.
“This is a great win for Flexera Software as we further consolidate our leadership position in the large enterprise space in the Nordic region,” said Vincent Smyth, VP EMEA at Flexera Software. “FlexNet Manager Suite is the clear choice for enterprise customers looking to address their Software License Optimisation capabilities from desktop to datacentre, as well as for those demanding a solution tightly integrated with their IT Service Management infrastructure.”