Financial Objects and Odyssey offer integrated private banking

Financial Objects and Odyssey offer integrated private banking

Financial Objects is partnering with portfolio management vendor Odyssey to deliver an automated front-to-back office solution to the private banking sector.

The agreement entails the integration of Odyssey's Triple' A Advantage front-end application and Financial Objects' ActiveBank S2 integrated banking system. Triple'A Advantage enables portfolio modeling, trade/order management, performance monitoring, reporting and risk management functions. ActiveBank S2, by contrast, covers settlement, Swift messaging, administration, accounting, MIS and statutory reporting.

The integrated environment created by the two products uses a real time, bi-directional interface. ING Barings Private Bank is already using the combined solution to run an automated private banking shop out of Luxembourg.

Both companies will display the integrated product offering at the Swift international banking conference to be held in San Francisco in September.

Comments: (0)

Find out more
Visit apc.com

Trending Stories