25-Aug-03
Triple'A from Odyssey Asset Management Systems was described as impressive and of providing significant value for both the institutional client servicing manager and the financial advisor market in North American consultancy Celent’s recent 2003 Portfolio Management Systems survey.
Ranking the Vendors of Portfolio Management Systems is the latest report to be published by Celent, and compares twelve applications offered by the leading software vendors in the US and Europe. Odyssey was found to be one of the companies providing the greatest scope and depth of functionality amongst the solutions analyzed.
"The potential to improve operations across the enterprise represents a real opportunity. When selecting a provider, the financial institution should take a holistic approach that includes understanding how this system will support new business, the investment process and customer retention," said Denise Valentine, Celent securities and investments analyst and author of the report.
Odyssey's second position amongst general solution providers in Europe is especially significant in view of its reputed Private Banking and front office positioning. "This survey proves that our solutions remain very competitive for use throughout the Investment Management industry on a global scale. Portfolio Management solutions that are flexible in scope and resourceful in their depth of functionality are now essential, and Odyssey has been shown to be a provider which can’t be missed out in system evaluations" commented Ken Watson, Odyssey’s Business Solutions Director.