UK private bank C Hoare & Co has implemented Financial Objects' activebank² platform across its foreign currency retail banking operations.
The most recent installation brings all foreign currency accounts onto activebank² and follows the successful rollout of the treasury front office at the bank in July 2001. The project will be completed with the installation of back office treasury components and the incorporation of all sterling-based accounts.
Alexander Hoare, partner at C Hoare & Co, says activebank² provides a single platform on which to deploy additional component-based technology in the future.