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Swedbank Tech Stack

Nordic universal bank serving 7.4M retail and 600K+ business customers

Financial Services SE-172 63 10,001+ employees Founded 1820 Public Company

Swedbank operates a diversified financial services platform across Sweden, Estonia, Latvia, and Lithuania with 10,000+ employees. The tech stack mirrors a large incumbent bank: heavy reliance on enterprise Microsoft (Power Platform, 365, Azure) and legacy systems (Mainframe, Teradata, Oracle) alongside modern data tools (Python, Spark, SAS, R). Hiring velocity is accelerating with finance and sales leading (27 and 13 roles respectively), but engineering and data teams (12 and 7) are notably lean relative to the organization's scale—a constraint common in banks where regulatory compliance and risk processes dominate operational focus.

Tech Stack 72 technologies

Core StackPower Platform Python Java Apache Spark Jira Confluence SAS Power BI Power Automate Oracle AWS Microsoft 365 Azure SQL R Teams SoapUI SAFe PowerPoint Excel Word Copilot Studio Azure AI Teradata Mainframe Informatica PowerCenter SailPoint IdentityIQ SailPoint Identity Security Cloud LDAP PowerShell+40 more

What Swedbank Is Building

Challenges

  • Ensuring aml compliance
  • Improving risk processes
  • Transitioning pam to cloud
  • Increasing customer satisfaction
  • Adapting models to regulatory requirements
  • Implementing new regulations
  • Expanding pam services across regions
  • Developing internal systems
  • Risk security compliance assessments
  • Adapting to regulatory changes

Active Projects

  • Corporate solutions within ods and odl/eap
  • Automation around pam services
  • Fastighetsbyrån collaboration
  • Lumera core integration
  • Developing a robust hybrid pam system
  • Implementing new regulations
  • Integration with iga and ticketing systems
  • Monitoring tools for streaming infrastructure
  • Developing internal systems
  • Adapting models to regulatory requirements

Hiring Activity

Accelerating75 roles · 55 in 30d

Department

Finance
27
Sales
13
Engineering
12
Data
7
Support
5
Security
4
Executive
1
HR
1

Seniority

Mid
38
Senior
23
Junior
5
Lead
2
Manager
2
C-Level
1
Intern
1
VP
1

Notable leadership hires: Chief Compliance Officer

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About Swedbank

Swedbank is a publicly listed universal bank founded in 1820, headquartered in Sweden. The bank serves a dual customer base: 7.4 million private customers and more than 600,000 corporate and organizational clients across its home markets. Core business lines span mortgage lending, cards, savings, pensions, and mutual funds. The organization operates as a modern financial services platform with stated priorities in digitalization and customer satisfaction. Active projects center on regulatory compliance (adapting models to regulatory requirements, implementing new regulations), identity and access management (PAM system modernization and cloud migration), and core banking integrations (Lumera, IGA ticketing systems). Pain points reflect the regulatory intensity of banking: AML compliance, risk process improvement, and security compliance assessments dominate the internal challenge list.

HeadquartersSE-172 63
Company Size10,001+ employees
Founded1820
Hiring MarketsSweden

Frequently Asked Questions

What tech stack does Swedbank use?

Swedbank uses Microsoft Power Platform, 365, and Azure as primary enterprise tools, alongside legacy systems (Mainframe, Teradata, Oracle). Data and analytics infrastructure includes Python, Apache Spark, SAS, R, and Power BI. Identity management runs on SailPoint products.

What regulatory and compliance projects is Swedbank working on?

Active initiatives include AML compliance improvements, implementing new regulations, adapting risk models to regulatory requirements, and conducting risk/security compliance assessments. The organization is also modernizing PAM (privileged access management) with a cloud transition and expanding PAM services across regions.

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