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NordLB shaping, not following, with Exceptions and Investigations

Published on 19 September 2008
Left to right: Andreas Ziegra, Nord LB. Uwe Didwischus, Nord LB. Thomas C Joedecke, Nord LB. Jürgen Marstatt, Senior Account Director, Central & Eastern Europe, SWIFT. Wolfgang Schumann, Nord LB. Harald Keller, Senior Manager, Payments Markets EMEA, SWIFT
 
The German bank Norddeutsche Landesbank (NordLB) yesterday signed a contract to register for SWIFT’s Exceptions and Investigations solution. The bank is one of the first adopters in Germany of the SWIFT service, and the first in the Savingsbank Group.

The project began in early Q1 2007, before the current interest in Exceptions and Investigations began. “NordLB is trying to shape, not follow, the market,” says Uwe Didwischus, Head of Corporate Services at NordLB. “At this year’s Sibos, banks and presentations have often offered us Exceptions and Investigations as something for the future; for us it is the present.”