Nordea to deploy eXimius wealth management system in Luxembourg and Switzerland

Source: eXimius

Nordea, the leading financial services group in the Nordic and Baltic Sea region and the leading Nordic banking entity in Luxembourg and Switzerland has selected eXimius as their Front Office Wealth Management application for their international Private Banking operations in Luxembourg and Switzerland.

World wide, Nordea's consolidated private banking entity serves more than 70,000 private banking clients with in total €48 billion under management.

"eXimius is a tightly integrated system which will allow us to have one single view on our customers. As a web-based application, it is also easy to deploy. We do not have to maintain the software on each individual PC. That saves time and reduces support costs significantly," says Jean-Phillippe Bailly COO Nordea.

"But more importantly eXimius nv was the vendor that came up with the best solution to meet our business requirement to locally reside the Suisse CRM data, without impacting our Shared Service Centre set up in Luxembourg. The eXimius implementation is planned to go live early 2007, with approximately 100 users in Luxembourg and Switzerland." continues Mr Bailly.

Business Architects are the leading European front office software supplier with offices in Amsterdam, Brussels, Paris, Frankfurt, Hamburg and London. Its products are used by financial institutions in Europe including Brewin Dolphin Securities, Credit Suisse, Pershing, Rensburg, Raymond James, F.van Lanschot Bankiers, KasBank, AXA and many more.

"We are delighted that Nordea has chosen us to provide them with their new front office environment. We view this as a partnership for the future working together to enhance and extend products and technology to meet changing industry needs. In this context the next topic that's on the table is our buy side Order Management System" comments Peter Schramme, CEO at eXimius nv.

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