Espoo, Finland - 13.02.2026 - Vivicta has selected Nomentia as its treasury management system to support the rapid establishment of a treasury function following its divestment from Tieto. The transaction, which closed in early September, required Vivicta to stand up fully independent corporate operations - including treasury.
With no existing treasury tools or processes in place, Vivicta needed a solution that could be implemented quickly and operated efficiently by a lean team.
Building treasury from scratch after the carve-out
Prior to the divestment, Vivicta had not operated its own treasury function or treasury management system.
“We effectively had a blank sheet of paper,” says Henri Sipilä, Head of Treasury at Vivicta. “There were no legacy systems or even Excel-based treasury processes to build on. Everything had to be set up from scratch—and fast.”
With a very agile treasury team at the time, Vivicta needed a system that could cover essential treasury requirements such as loan management, FX and interest-bearing instruments, and integrations, without unnecessary complexity or administrative overhead.
Speed and simplicity as key decision criteria
Vivicta began its selection process with a broad market scan, shortlisting treasury management system providers and eventually selecting a few for deeper evaluation.
“Many vendors wanted to start with weeks or even months of scoping workshops and very detailed blueprints,” Sipilä explains. “That approach tends to blow the whole project out of proportion, especially for a small treasury team like ours.”
Implementation speed and operational simplicity became decisive factors.
Why Nomentia stood out
Nomentia clearly differentiated itself through its lightweight implementation approach. Instead of extended blueprinting phases, Vivicta was able to get started almost immediately.
“After signing with Nomentia, the first initial entity was basically up and running the next day,” says Sipilä.
Beyond speed, Nomentia offered the right level of functionality for Vivicta’s needs.
“Nomentia offered a right-sized treasury solution, supporting loans, FX, interest, and integrations without unnecessary complexity.”
Previous positive experience with members of the Nomentia team further strengthened confidence in the decision, although Sipilä emphasizes that the choice was grounded in objective evaluation.
“Trust helped, but the system itself had to stand on its own merits,” he notes.
By choosing Nomentia, Vivicta has quickly and efficiently established an independent treasury function, supporting a smooth transition to its new ownership structure.
About Vivicta
Vivicta is an independent technology-driven services company. Backed by private equity ownership, Vivicta focuses on building agile and efficient corporate functions to support its continued growth.
www.vivicta.com
About Nomentia
The European leader in treasury and cash management solutions, Nomentia empowers over 1,400 treasury teams spanning 100 countries to perform at their best. The platform processes several hundred billion euros annually. Nomentia is an end-to-end TMS, specializing in global payments, bank connectivity-as-a-service, cash forecasting and visibility, bank account management, financial process automation, treasury workflows, FX risk, in-house banking, and trade finance.
www.nomentia.com.