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Standard Chartered Grindlays (Offshore) Ltd (SCG) goes live with the 1st phase of 'FUTURE BANK' usin

10 February 2004  |  3064 views  |  0

FINANTIX Ltd is pleased to announce the successful launch of the first phase of the 'Future Bank' project at Standard Chartered Grindlays (Offshore) Ltd (SCG) using FINANTIX Components. This achievement represents a successful milestone towards the rollout of the new, cross-countries platform, which will support the Bank's multi-channel strategy and range of client relationships, including banking, investment and wealth management activities.

The launch focuses on delivering an integrated, browser based environment and workstation to all SCG’s client facing staff, enabling an innovative and structured approach to managing client relationships. SCG’s financial professionals can now access, manage and analyse the overall client relationship with the Bank by adopting a consistent, holistic approach. They are able to view extensive client profile information, track and monitor all contacts and interactions, analyse details of client asset and liability positions as well as manage client reporting, diary and calendaring services, and be promptly alerted on potential clients and cross-selling opportunities.

"This is the first step towards our target solution, ‘Future Bank’." said Alison McFadyen, SCG Programme Director. "The target solution will incorporate all of the first phase functionality as well as financial planning, automation of banking and investment transactions and internet transactional capabilities of FINANTIX Components integrated with the newly selected TEMENOS GLOBUS™ backend."

"We are very pleased to see the first rollout released on time, within budget and complying with SCG’s expectations", states Cord Hoppe, director of Professional Services of FINANTIX. "Another successful delivery continues to validate the strength of the FINANTIX, component-based, J2EE and MDA (Model Driven Architecture) architecture. These implementation standards ensured a rapid deployment, reduced the project risk and allowed a smooth integration between FINANTIX modules and SCG’s internal systems and applications" explains Mr. Hoppe.

"The six-month deployment is evidence of a strong working relationship between SCG and FINANTIX. We are proud to have laid down a solid foundation, upon which to start our collaboration with Standard Chartered Bank. We view this as an important partnership, assisting the Bank to consolidate its reputation at a global level.” comments Mr Hoppe.

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