12-Jan-04
The IT infrastructure of Bankhaus Maffei in Munich and Bankhaus Gebrüder Bethmann in Frankfurt has been merged successfully into the target environment at Bankhaus BethmannMaffei. Since November 3rd 2003 the merged data set is available on the production system of Bankhaus BethmannMaffei for users in Frankfurt and Munich, alike.
The success of this project enabled Bankhaus Gebrüder Bethmann to migrate their entire operational systems. More importantly for the effectiveness of the private bank, the two existing asset management systems RPMS and FolioLineN have been replaced by Odyssey’s portfolio management system Triple’A, which had previously been in place at Bankhaus Maffei and in production for almost a year.
During three months data from the two replaced packages was migrated into Triple’A. This migration took full advantage of Triple’A’s flexibility and functionality as it gave Bankhaus Gebrüder Bethmann the possibility to generate fully consistent performance reporting at the end of 2003 without migrating all transaction history records from the original source environment.
After the technical fusion the number of portfolios and transactions handled by Triple’A were almost doubled.