Saga Rolls Out Orc Front Office
The small investment bank was founded in October 2006 by CEO Thorvaldur Sigurjonsson and Hersir Sigurgeirsson, managing director of risk management. Both came from Kaupthing Bank and expect Saga to receive final operating approval from Iceland's financial supervisory authority, Fjármálaeftirlitsins (FME), by early this week.
With a current staff of 15 and plans to hire 10 more by the end of the year, outsourcing the bank's technology infrastructure has always been part of Saga's strategy, says
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