Germany's Commerzbank has implemented Odyssey Asset Management Systems' portfolio management platform, Triple'A, at its private banking subsidiary in Luxembourg.
As part of the deployment, the vendor will interface Triple'A with the bank's existing back office software, which is Temenos' Globus system.
Triple'A is a Web-enabled system specifically designed for portfolio and relationship asset managers with both discretionary and advisory clients.
Commerzbank is the latest German financial institution to select Odyssey's Triple'A platform. The product has also been licensed by Germany's HVB Group and HSH Nordbank and is operational at Dresdner Bank's Luxembourg office and at Deutsche Bank's Belgium oprations.