In 2022 Kvika acquired a 40% stake in Moberg and moved its group data work across. Four years on, we sit inside the bank's technology function, shipping accelerators reused across its portfolio — the partnership that anchors the company.
Kvika is an Icelandic investment bank and financial services group. The 40% acquisition in 2022 made Kvika a part-owner of Moberg — not a client buying capacity, but a partner committing to the company's direction.
In practice this means Moberg teams working inside the bank's technology function as strategic partners, shared accelerators across portfolio companies, and a feedback loop tight enough that platform decisions get tested in production within weeks.
[ placeholder — to be expanded ] Long-running engagements across the bank and portfolio companies. Shared lakehouse and MLOps tooling. Joint planning on platform direction. Cross-team rotations between Moberg and Kvika's in-house engineering function.
[ placeholder — to be expanded ] Group-wide data platform, multi-tenant governance, shared model portfolio, and a common semantic layer that lets each portfolio company speak the same data dialect when it suits them.
"Every project the Moberg team has undertaken has been completed excellently, on time, and at a lower cost than we could have achieved ourselves."
— Ármann Þorvaldsson, CEO, Kvika
The Microsoft accreditation that underpins much of the Kvika delivery.
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