Temenos (SIX: TEMN), the market leading provider of banking software, today announced that Bankhaus Main, an independent private bank founded in 1978 and located in Frankfurt, will implement Triple'A Plus as its new portfolio management platform.
To meet increased client demand for information and support its own business growth, Bankhaus Main will use Triple'A Plus to enhance transparency and client service levels. Triple'A Plus' cutting edge portfolio management and analysis functionality will enable wealth managers to perform more detailed analysis and evaluations of cash flow, revenue and performance.
In addition Bankhaus Main plans to use Triple'A Plus to combine its individual advisory services with a secure online banking portal to give clients 24x7 access to their portfolio to monitor and evaluate the status and performance of their assets. The portal also enables clients of Bankhaus Main to generate and download detailed performance reports to monitor the success of their investment strategy and wealth manager.
Jost Weil, CEO, Bankhaus Main Asset Management, comments: "We have chosen Triple'A Plus because it offers us in-depth functionalities in portfolio management, complex analysis tools and high-quality reporting. It fulfills not only our current but also our future requirements in wealth management. With the internet portal we are providing our clients prompt and detailed information so that they can evaluate their investment risks better."
Jean-Michel Hilsenkopf, Managing Director, Temenos Private Wealth Management, comments: "In such a fast paced market with increasing customer demand, private banks need front office systems that can rapidly adapt to new change and scale up with their organic growth. More than 130 private banks in over 30 countries have selected Triple'A Plus as their portfolio management system of choice to empower wealth managers to better serve their clients. After Ellwanger & Geiger and Evangelische Kreditgenossenschaft we are delighted to add Bankhaus Main to this list as our third Triple'A Plus client in Germany of this size. Following the successful integration of Odyssey, this latest project cements Temenos' leading position in this market."