The globally renowned Software as a Service (SaaS) company, Safeture AB, based in Lund, Sweden, has won, together with its partner, Falck Global Assistance, a public procurement for a four-year framework agreement, regarding travel risk management for the European Central Bank (ECB), located in Frankfurt, Germany.

Four-year framework agreement

The four-year framework agreement also opens up the opportunity to join other institutions, such as the Central Banks of the Eurosystem and other members of the Eurosystem Procurement Coordination Office (EPCO).

The total contract value depends on how many employees will use the service

The total contract value depends on how many employees will use the service and which of the other national central banks and institutions join. With this partnership agreement, the European Central Bank has access to Safeture’s unique platform for managing employee safety, no matter where they are.

Business model based on collaboration with partners

Magnus Hultman, the Chief Executive Officer (CEO) of Safeture, said “The fact that we have won a prestigious assignment in fierce competition testifies to the strength of our offer. It also shows that our business model, which is based on collaboration with leading partners, such as Falck Global Assistance, works well.

Magnus Hultman adds, “The framework agreement contributes to strengthening our position in the important German market and holds great potential with other central banks as potential customers.

Download PDF version Download PDF version

In case you missed it

What are the new security applications in colleges and universities?
What are the new security applications in colleges and universities?

College campuses are meant to be places of learning, growth, and community. Fostering such an environment requires the deployment of policies and technologies that ensure safety an...

Real-time security analytics by Winston-Salem Police Department with Verkada
Real-time security analytics by Winston-Salem Police Department with Verkada

The Winston-Salem Police Department (WSPD), internationally accredited by the Commission on Accreditation for Law Enforcement Agencies (CALEA), is dedicated to proactive, data-driv...

Oil sector cybersecurity - overcoming challenges with Honeywell's csHAZOP
Oil sector cybersecurity - overcoming challenges with Honeywell's csHAZOP

A major European oil and gas company that acquires, explores, produces and supplies chemical and petroleum products had a cybersecurity challenge. Company leadership wanted a b...

Quick poll
Which feature is most important in a video surveillance system?