Mundial Asset Management is based in Panama, a large international financial centre strategically located at the crossroads of the Americas and on the western rim of the Caribbean basin. The company requires a completely integrated system to ensure they meet the stringent Panamanian regulatory requirements for KYC (Know your Customer) and AML (Anti-Money Laundering). At the same time they wanted to ensure their client portfolio management systems were maintaining a level of sophistication that would deliver the very best of client service and enable them to operate efficiently in a multi-lingual capacity using web based technology.

IPBS will implement three key products from their specialized portfolio to meet the demands of Mundial, namely IPBS/Investments, IPBS/Compliance Manager and IPBS/Remote Client Access. The combination of the products creates a streamlined, automated process with full STP (Straight Through Processing) capabilities.

Key capabilities of the solution:

- multi-lingual/multi-currency portfolio management

- front office order booking, portfolio modeling, forecasting

- access to full range of investment instruments

- compliance management

- secure 128 bit encryption of all information

- seamless interface with WorldCompliance (AML database)

- sophisticated multi-level client relationship management

- web-based direct client access enabling trading, with payment, deposit and funds transfer capabilities

- high level secure access at all entry points

Gabriel E. Fabrega W., CEO of Mundial Asset Management commented. "Mundial Asset Management is a new company, established in a very dynamic market with many clients to service across a wide geography. We needed to identify a proven wealth management software company who could meet our IT challenges with innovative technology and for a realistic investment. We are pleased to be working with the team at IPBS who have been recommended to us as specialists in the industry."

Bruce Raine, Founder and Managing Director of IPBS adds: “The proximity of Panama to the international financial markets is quite unique. Mundial was faced with a number of challenges to enable its IT systems to support the breadth of services offered to clients who include both Global investments and specialist Central and South American investment instruments. Our partner, Gustavo Garcia de Paredes has been a key partner in the relationship, working with both Mundial and IPBS to ensure delivery of the very best solution possible. We look forward to a long association with Mundial Asset Management and towards helping them achieve success in their market”.