Consid Secures New Contract with the Central Bank of Sweden

In recent days, the IT company Consid has successfully secured a new significant contract with the Central Bank. The agreement encompasses management, further development, and innovation related to specific IT systems developed in-house by the Central Bank of Sweden.

Portrait of Simon Georgsson.
Portrait of Simon Georgsson.

– It is fantastically inspiring and motivating that we have once again managed to secure a contract with such an important client as the Central Bank of Sweden. We are incredibly pleased that they chose Consid for this assignment,” says Peter Hellgren, CEO of Consid.

This contract with the Central Bank marks the second agreement between the parties in just the last twelve months. In April 2023, Consid was announced as the sole provider for a four-year contract, including the development of an external website. The new agreement, effective from April 2024, is targeted at the Central Bank’s existing and future in-house developed IT systems.

– The delivery will consist of an agile team approach to further develop, manage, and innovate in-house systems on the .NET platform. Currently, the system portfolio comprises 14 systems across various operational areas, such as analysis, statistical data collection, and data publication. The assignment aligns very well with our capabilities, and we look forward to expanding our collaboration with the Central Bank in the future, says Simon Georgsson, Head of Bid Management at Consid.

The Central Bank of Sweden agreement comes at a time when many companies are feeling the impact of challenging economic conditions. Peter Hellgren notes that Consid’s expertise has provided the company with a good mix of public and private sector clients. This mix positions the company stably in the precarious industry landscape.

– There’s no denying that it’s a tough market. We see many colleagues in the industry facing challenges, having to lay off staff and pause projects. The fact that we can instead accelerate our business is one of our absolute strengths. Agreements like this with the Central Bank showcase both the incredibly high competence of our employees and the trust that crucial entities like the Central Bank have in us, says Peter Hellgren.

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