Success Story UmweltBank AG
Customer
UmweltBank AG
UmweltBank AG has combined sustainability with financial success since its founding in 1997. With roughly 350 employees, the green bank serves over 130,000 private and corporate customers across
Germany. UmweltBank’s core expertise lies in the financing of renewable energy projects as well as eco-friendly and social construction projects. Whether timber houses, student dormitories, or solar
parks, the green bank has funded more than 25,000 forward-looking projects over the past 25 years. The bank also offers sustainable savings accounts, securities, and insurance policies. Thanks to its
strong focus on sustainability, UmweltBank is playing an active part in realizing its vision of creating a world worth living in for future generations.
Challen
UmweltBank AG is fully committed to sustainability. It uses its customer deposits solely to finance eco-friendly projects, with a focus on wind and solar power plants as well as sustainable property development. Founded in 1997, the financial institution based in Nuremberg has proven that sustainability and digitalization go hand in hand in a project devoted to modernizing its IT infrastructure completed in collaboration with noris network. In addition to taking full account of all environmental and social considerations, strict compliance with legal rules and regulations was another essential requirement for the bank.
Solution
The timing couldn’t have been more opportune. At the start of the global Covid-19 pandemic, the direct bank based in central Germany converted its IT workstations to allow for mobile use with the assistance of noris network. The IT service provider and data center operator was chosen not only because it knows and understands the stringent regulatory requirements in the financial sector and is able to provide certification under multiple standards, but also because it has demonstrated that it operates sustainably. With noris network as its managed services provider, the bank is now ideally positioned for further “green” growth and for the planned rollout of new products and services.
Project Success
Since the upgrades were made, the direct bank’s employees have been able to access key banking processes from anywhere via their mobile devices. Along with that, compliance with the strict legal requirements established by BaFin is also ensured. Because noris network is certified under ISO 27001 (based on the IT Baseline Protection Catalogs issued by the Federal Office for Information Security (BIS)), PCI DSS 4.0, TÜViT Level 4, EN 50600 VK4/ SK4, and ISAE 3402, UmweltBank can continue on its path of growth.
compliance requirements and Compliance with legal regulations
TÜViT Level 4, EN 50600 VK4/SK4 etc.
