What Samlink does

Samlink (legal name Oy Samlink Ab) is a Finland-based banking IT services provider and wholly-owned subsidiary of Kyndryl, headquartered in Espoo with secondary operations in Jyväskylä and team members in Hungary and Poland. The company has approximately 500 professionals serving over 50 financial institutions, primarily banks in the Nordic region, with a stated roadmap to expand into broader European and global markets. Samlink's lineage traces back through the Savings Bank group's central IT function (previously SKOP / SP-Palvelu), giving it multi-decade operational heritage in Nordic banking technology.

The company's core offering is a platform-plus-services architecture centered on its proprietary Banking as a Platform (BaaP) solution, the Pankkilinja batch transfer system, Trust Network (FTN) authentication, and certificate services, complemented by Application Services, AI Services for Banks, and an incremental modernization approach that integrates cloud-native capabilities with mainframe-based core banking environments. Supporting products include SIAM Pro (service integration and management) and a PSD3 Impact Assessment co-developed with DLA Piper Finland. The technical stack is anchored in ISO 20022 / SEPA payment formats, WSDL/XML web services, PKI certificate services, and OpenID Connect authentication. The company also launched Advisory Services in January 2024, extending its portfolio from operational IT into strategic banking consulting.

Samlink's revenue model combines professional services (advisory, application development, modernization consulting), managed services (ongoing IT service management, service desk, application maintenance under SLAs), and licensing/royalty-style software services (interface documentation, certificate services, WSDL/XML schemas distributed to software houses). Go-to-market is sales-led and relationship-driven through named Strategic Sales representatives and Customer Partners, with pricing not publicly disclosed. As 'the banking IT powerhouse within Kyndryl,' Samlink combines Kyndryl's global infrastructure backing with deep local Finnish banking expertise, though it remains narrowly concentrated in a single vertical (banking) and a single primary geography (Nordic/Finland).

Name

Samlink

Legal name

Oy Samlink Ab

Website

https://samlink.fi

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

251–500 employees

Short description

Samlink is a Finland-based banking IT services provider and Kyndryl subsidiary that delivers core banking modernization, AI services, managed services, and Banking as a Platform solutions to over 50 Nordic financial institutions from a base of approximately 500 professionals.

Ownership category

akta.pro rank

Product category

Banking IT Infrastructure & Core Banking Solutions

NAICS

Computer Systems Design and Related Services (5415), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518)

SIC

Services-Computer Programming Services (7371), Services-Management Services (8741)

akta.pro primary industry

Remote Monitoring & Management (RMM) Services (BPAEABAA)

akta.pro secondary industry

Helpdesk & End-User Support Services (BPAEABAB)

Keywords

• Core banking modernization
• Banking IT services
• Banking as a platform
• Banking cybersecurity
• Banking application services

Headquarters

HQ city

Espoo

HQ country

Finland

HQ region

Europe

Offices4 records

Markets served

GTM type

B2B

Offering type

Software

Cost components

Personnel, Technology or R&D, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Professional Services for Banks: Samlink generates revenue through a combination of advisory services, application services, AI services, and modernization of banking services delivered to financial institutions. Services are tailored to banks, covering the full lifecycle from strategy and consulting to application development, testing, and ongoing operations.
2. Managed Services: Ongoing managed services including IT service management (SIAM Pro), service desk, and continuous development and maintenance of banking applications. Revenue is generated through service level agreements and ongoing engagements with banking clients.
3. Software Services / Interface Descriptions: Samlink publishes data record descriptions, technical interface documentation, certificate services, and WSDL/XML schemas for software houses connecting to its banking systems (e.g., Pankkilinja batch transfer system). These are provided as service documentation to software partners.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Samlink provides banking IT services and platform solutions to banks and financial institutions, primarily in the Nordics. It delivers advisory, application development and maintenance, AI-driven services, cybersecurity (threat intelligence, risk-based patch management), and incremental modernization of mainframe-based core banking systems through its Banking as a Platform (BaaP) offering, SIAM Pro service integration, and Pankkilinja batch transfer system.

Product overview

Samlink is the banking IT powerhouse within Kyndryl, offering a platform-plus-services architecture for banking modernization. The core offering includes AI Services for Banks (AI-powered automation and analytics), Advisory Services (strategic consulting), Application Services (secure banking app development), Banking Partner of Choice (risk-free modernization), and Modernization of Services (incremental cloud-native modernization). Add-on modules include PSD3 Impact Assessment (regulatory compliance) and SIAM Pro (service integration management). Supporting infrastructure includes Pankkilinja batch transfer system with web services, certificate services, and file services based on ISO 20022 and OpenID Connect standards. The portfolio combines global Kyndryl infrastructure strength with deep local Finnish banking expertise.

Differentiator

Problem solved

Functional benefit

Brands

• Banking as a Platform: Banking platform services developed and operated for over 50 financial institutions
• SIAM Pro
• Samlink AI Services

Products and services

• Advisory Services Strategic advisory and consulting services for banks, translating business strategies and needs into IT solutions and execution, with focus on core modernization and ecosystem-enabled banking.
• AI Services for Banks Solid, trusted and fully managed AI Services for banks, providing automation of banking processes, data analysis, AI-powered threat intelligence, anomaly detection, and predictive analytics for financial institutions.
• Application Services Secure, compliant banking application development, testing, and maintenance services built around legacy mainframe environments, ensuring security and regulatory compliance for financial institutions.
• Modernization of Services Incremental, value-driven modernization of banks that strengthens core systems while introducing cloud-native capabilities where they create the most value, ensuring secure seamless integration between modern technologies and mainframe-based banking environments.
• PSD3 Impact Assessment PSD3 (Payment Services Directive 3) impact assessment service co-developed with DLA Piper Finland, combining banking IT expertise with legal and regulatory advisory to help banks understand and prepare for PSD3 compliance requirements.
• SIAM Pro Service Integration and Management (SIAM) solution that enables seamless service integration across multi-vendor IT environments, allowing banks to manage complex banking technology ecosystems and ensure consistent service delivery.
• Pankkilinja Batch transfer system providing electronic payment processing, file services, certificate services, and WSDL/XML-based web services connections for banks (Aktia, Sp, OmaSp) and software houses integrating with Samlink's banking systems. Supports SEPA Credit Transfer ISO 20022 formats and OpenID Connect-based Trust Network authentication.

Quantifiable outcome

• Incremental modernization approach reduces risk of service disruption during core banking system upgrades
• +2 more outcomes

Named customers4 records

Segments1 record

Ideal customer profiles1 record

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability5 records

Feature10 records

Partnerships

Four partnerships are on record, tiered core and minor.

• DLA Piper FinlandcoreStrategic or Co-development PartnerSamlink and DLA Piper Finland co-developed the PSD3 Impact Assessment service, combining Samlink's banking IT expertise with DLA Piper's legal and regulatory advisory capabilities. This partnership enables banks to prepare for PSD3 regulatory requirements through a joint assessment offering.
• Kyndryl (MWC 2026)minorGTM or Marketing PartnerSamlink references Kyndryl's Mobile World Congress 2026 presence ('What's next in networking and security?') as related thought leadership, suggesting cross-company event participation and shared marketing of cybersecurity insights.
• Kyndryl (Cybersecurity)minorGTM or Marketing PartnerSamlink references Kyndryl's cybersecurity content ('Addressing the human element in cybersecurity') as related reading, indicating shared thought leadership content between Samlink and Kyndryl.
• Academic WorkminorOthersSamlink partnered with Academic Work to establish a Cobol Academy to train new talent in mainframe technology, addressing the retirement of experienced mainframe experts. Ten new Academic Work consultants were brought into Samlink's teams to ensure continuity of legacy technology expertise.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• TietoEVRY (Tieto): Largest Nordic IT services provider with a dedicated banking practice serving the same Finnish and Scandinavian banks. Directly comparable in banking modernization, managed services, and core system integration scope.
• Temenos: Core banking software provider whose platform competes with and is integrated alongside Samlink's BaaP. Highly comparable as both sell into the same Nordic/European banks for core banking modernization.

Broad incumbents

• Capgemini: Global IT services and consulting firm with a large banking and financial services practice. Competes with Samlink for Nordic and European bank modernization, cloud migration, and managed services engagements.
• Accenture: Global consulting and technology services leader with deep banking industry footprint. Competes for the same advisory, modernization, and managed services work at European banks Samlink targets.
• Cognizant: Global IT services provider with significant banking and financial services practice, competing in core modernization, application services, and managed services for European banks.
• Wipro: Global IT services provider with established banking practice delivering application services, modernization, and managed services to financial institutions across Europe.
• Infosys (Finacle): Global IT services firm offering Finacle core banking platform and banking modernization services. Overlaps with Samlink in Nordic/European bank transformation engagements.

Emerging players

• Thought Machine: Cloud-native core banking platform targeting the same Nordic and European banks Samlink serves. Represents the disruptive alternative to Samlink's incremental mainframe modernization approach.
• 10x Banking: Cloud-native core banking platform competing for the same European bank modernization deals. Represents an alternative path that could displace Samlink's incremental modernization value proposition.
• nCino: Cloud banking platform provider for financial institutions. Competes with Samlink's modernization offering at European banks evaluating next-generation core platforms.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/43072
• Xx.com/samlink_oy
• Facebookfacebook.com/Samlinkoy

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Samlink