Temenos (SIX: TEMN), the market leading provider of banking software, is pleased to announce that Bankhaus Main, an independent private bank in Germany, has implemented Temenos' Triple'A Plus portfolio management system back to front-office in under 12 months to enhance transparency, extend its service offering and support business growth.
Bankhaus Main is now able to benefit from comprehensive portfolio management functionality, complex analysis tools and high-quality reporting, enabling it to perform more detailed evaluations of cash flow, revenue and performance, and consolidate this information in in-depth client reports.
Commenting on this last roll out, Andreas Leonhardt, CFO, Bankhaus Main said: "To meet increased client demand for information and extend our service offering, we needed a new portfolio management solution to be in place quickly. We had to ensure fast 'time-to-market' and project execution reliability. The project has involved close co-operation between our teams, and we found Temenos to be flexible and responsive throughout this process. Triple'A Plus offers us the right functionality to deliver new products and services to grow our business quickly. It fits the distinct needs of our high net worth clients and gives us the opportunity to provide to them a complete overview over all their investments, including private equity and other non-standardised products."
"We will shortly launch a new online banking portal based on Triple'A Plus to provide our customers prompt and detailed information on the status and performance of their assets so that they can evaluate their investment risks better", said Leonhardt.