Source: ERI
ERI is pleased to announce that SG Hambros Bank in London, Jersey, Guernsey and Gibraltar, which is a long-standing user of the OLYMPIC Banking System as the Core Banking System to support their private banking business, has implemented the Credit Module of the OLYMPIC Banking System.
This module will allow them to monitor credit and exposure to clients and the associated security held. Furthermore the module will allow the bank to automate both internal and regulatory reporting in relation to credit.
Nicholas Hacking, Director in ERI, said: We are delighted that SG Hambros, who have been a user of the OLYMPIC Banking System for many years and have a very extensive knowledge of the application, have decided to further extend the automation of their business by using this additional module. The Credit module is one of a number of modules available, integrated with the other elements of the application, and which together ensure that the OLYMPIC Banking System can provide a comprehensive solution to the leading players in the private banking sector internationally.