Alecta chose Acando for better control of product cost and IT efficiency

Alecta chose Acando for better control of product cost and IT efficiency

Through Acando´s Microsoft based solution ProfitModeler, the occupational
pension company Alecta will achieve better transparency in the follow-up of
their product cost and IT efficiency.

Alecta manages occupational pensions on behalf of 1.7 million individuals and
30,000 client companies at low cost. The managed capital is about SEK 430
billion and the returns outperform the industry average. Acando´s role in the
project has been to implement and integrate the solution for cost follow-up into
Alecta´s Microsoft platform.

In conjunction with Alecta´s replacement of their old business system in the
autumn of 2009, an analysis of working methods and tools for follow-up of
product cost and IT efficiency, was performed. After a shorter pre-study during
the summer, Acando´s solution ProfitModeler was chosen.

- Through Acando´s solution, ProfitModeler, Alecta will have a better system for
cost analysis, which will render a better transparency in the follow-up of our
product cost and IT efficiency. The model will offer good support in our
analysis and increase the understanding of what drives costs for the respective
product/IT service. With the new solution, we automate the complete process and
get significantly shorter lead times for new analyses, says Ingela Malmström,
Chief Controller, Alecta.

- We are very proud of having been able to support Alecta in achieving a better
follow-up of their product cost and IT efficiency. From now on, Alecta has a
better foundation when making important decisions, which increase efficiency.
The solution now in place, is really state of the art, says Kurt Rosander,
responsible for the project at Acando.

- The close co-operation between Alecta and Acando has been one of the most
important success factors of the project, says Marie Olsén, Project Manager,
Alecta.

Further information is available from:
Ingela Malmström, Alecta, +46 8 441 6000
Kurt Rosander, Acando, +46 8 699 7612

Acando
Acando is a consultancy company that in partnership with its clients identifies
and implements sustainable business improvements through information enabled by
technology. Acando provides a balance of high business value, short project
times and low total cost. Acando's annual turnover exceeds EUR 150 million and
the Group employs approximately 1,100 professionals in six European countries.
Acando is listed at NASDAQ OMX Nordic. Acando's corporate culture is based on
three core values: Team spirit, Passion and Results. www.acando.com