St. Galler Kantonalbank headquartered in St. Gallen, Switzerland moves from FinOffice4 to BST's FinOffice5 ASP Solution to manage their market data inventory.
St. Galler Kantonalbank who was previously using FinOffice4 also decided to move to BST's ASP-Solution while the upgrade to the new FinOffice5 was planned. Instead of accessing an on-site FinOffice database via client/server, St. Galler Kantonalbank's market data administration staff will manage data usage, user profiles and reporting via Citrix thin clients. The thin clients are directly connected to the BST data centre. BST is running the data centre in two distinct and separated locations in Switzerland. BST technical staffs have remote access from both locations enabling them to maintain all hosted databases.
The project began in June 2006 and will be completed by the end of August 2006. BST is supporting St. Galler Kantonalbank through the migration and consolidation of the new FinOffice5 ASP platform. The platform incorporates FinMarketData and FinContract modules. The system will manage the entire market data inventory, vendors, users, costs and contracts fully hosted by BST.
"The existing excellent and reliable service quality from BST as well as the system's interesting cost-effectiveness where the main drivers for this decision," comments Martin Walser, market data manager from St. Galler Kantonalbank. "The increasing number of ASP clients allows BST to obtain synergy for system operations, maintenance and especially for the software release management" adds Philipp Meier from BST.
BST also provides, separately or as an integrated solution, FinTelecom, an inventory system created specifically for telecom expense management purposes, FinInventory an asset management inventory system managing hardware and network components, software licenses, etc. and FinFlow a fully web-based workflow for global order processing.
BST is very pleased to count St. Galler Kantonalbank as one of its new ASP customers. BST continues to be responsive to the individual needs of its customers long after providing the perfect solution for their market data business. Founded in 1989, BST has offices in New York (BST America), London (BST Europe), and Zurich (BST Banking Software Training AG).