Teris was an
Iceland
Iceland ( is, Ísland; ) is a Nordic island country in the North Atlantic Ocean and in the Arctic Ocean. Iceland is the most sparsely populated country in Europe. Iceland's capital and largest city is Reykjavík, which (along with its s ...
ic software company that focused on servicing the financial sector. It was founded as Tölvumiðstöð Sparisjóðanna (Savings Banks Computer Centre), and changed its name on March 23, 2007, to reflect changes in clientele and ownership. In 2012, Teris merged with Reiknistofa Bankanna
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History
Teris’ predecessor, Tölvumiðstöð Sparisjóðanna, was founded in March 1989 by six of the largest savings banks in Iceland together with Lánastofnun Sparisjóðanna (the Savings Banks Lending Organization – renamed Icebank). Other savings banks soon joined the partnership.
The Computer Centre began as the computer division for the savings banks. Gradually the number of shareholders increased, more finance companies joined the group and the firm expanded.
Services
Teris provided services as a dedicated computer department, and sold software to several financial institutions and companies in Iceland, the
Faroe Islands
The Faroe Islands ( ), or simply the Faroes ( fo, Føroyar ; da, Færøerne ), are a North Atlantic island group and an autonomous territory of the Kingdom of Denmark.
They are located north-northwest of Scotland, and about halfway bet ...
and
Norway
Norway, officially the Kingdom of Norway, is a Nordic country in Northern Europe, the mainland territory of which comprises the western and northernmost portion of the Scandinavian Peninsula. The remote Arctic island of Jan Mayen and t ...
.
References
Software companies of Iceland
Financial services companies of Iceland
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