close
Trending
Top Ranked Bank in Asia with a complex portfolio wanted to evolve with a strong Wealth Management Suite

One of the Largest Banking entity in Asia seeks a new approach and Digital solution in their Wealth Management to gain a competitive advantage in the market with a Straight Through processing.

The main objective of the Wealth Core System Project is to deliver the single booking, settlement and portfolio management platform for The Bank to ensure the future of the Group Wealth Management business, consolidate investment and ultimately develop their competitive advantage in wealth management.

Solution Highlights

Being one of the largest migration journey in the Wealth Suite world, the program was well orchestrated in phases to implement the Temenos Triple A Plus front office solution and the Temenos T24 as a back office solution with an array of related products including our in-house Migration Tool (SEM). SEM allowed Automated Transformation of data in less than an hour for 60K + customers, 600K+ static data, 2.9 Mn total assets data

In addition the implementation covered a Digital layer with RM navigator/ Client Wealth Communicator with Edge Connect, WebSphere RESTful and SOAP web services, Temenos application framework for C, Temenos Wealth Suite, Temenos Triple A Plus ODATA.

Business Benefits

  • A consolidated platform (single instance) able to support a multiple entity operating model (multi company) and operate a single processing hub across entities to achieve cost efficiency
  • Support an expanded set of wealth products and services that can be offered to the various entities’ clients who are on the platform – this enables faster time to market especially for derivatives and structured products
  • Enhance Straight through processing with full front-to-back and back to-front integration functions.
  • 24x7 user access to the system via mobile devices (iPhone, iPad, etc.) and PC browsers.
  • Have a scalable technology architecture
  • Automated SWIFT messages processing for Corporate Action enhancements
  • Enhancements to handle corporate actions events for historical positions belonging to closed portfolios
  • Built automated Migration Recon tool to identify the match and mismatch cases for Customer positions
  • Hub processing for multi operations deals using Business-to-Business approach in the core Banking Solution for Foreign Exchange Currency, Precious Metal, Derivatives and Structured products
  • Enhancements on Dealer desk screens to a more Digital User Experience
Know More

Dark Mode

One of the world's first website to run on Dark Mode by default.

Brightness Control

Adjust the brightness as suited.

Hibernate Mode

Save energy when you're not looking at your screen.

ECO
ENGINE
Know More

The Eco Engine

Reduce your carbon footprint using any of these modes.
  • Dark Mode
    One of the world's first website to run on Dark Mode by default.
  • Brightness Control
    Adjust the brightness as suited.
  • Hibernate Mode
    Save energy when you're not looking at your screen.