Norwegian Folketrygdfondet chooses CIM as core crisis management tool

Oslo/Trondheim, 5th November 2024: Folketrygdfondet, one of Norway’s most important financial players,  has chosen CIM from F24 as its central management system for safety and preparedness.

Folketrygdfondet manages over NOK 350 billion for the community and is the largest institutional investor on Oslo Stock Exchange, with a share of approx. 5 per cent of the Norwegian stock market and approx. 10 per cent of the main index.

The agreement for the delivery of CIM as a central crisis management tool was concluded after a public tender round and includes a tailored CIM version for crisis management. The agreement has a duration of 4 years, with the option of extension.

– We are very pleased that Folketrygdfondet, one of Norway’s most important financial players, chooses CIM from F24. With this agreement, we are consolidating our position as the leading supplier of resilience and crisis management tools for the financial sector in Norway, says Ole-Kristian Fossheim, Managing Director of F24 Nordics.

– A specialized and dedicated tool for crisis management is becoming increasingly important, both for private businesses and the public sector. A user-friendly software that can be flexibly adapted to the organization’s unique needs ensures good planning, effective notification and good tools for interaction should an incident occur, Fossheim says.