28-Feb-03
Two new customers in Dublin, Anglo Irish Bank and MPs, have highlighted the important and growing Triple’A user base in the UK and Ireland.
Anglo Irish Bank have licensed standard Triple'A and the Triple'A Web User Interface, permitting both Portfolio Managers and Relationship Managers to utilise one integrated core system. This project includes an interface to the well-known GEOS back office system.
The bank will implement Triple’A via a "Hub based approach" running locations in Dublin, Isle of Man and Vienna from an IT centre in Vienna.
Anglo Irish Bank describe themselves as a "Focused Business Bank" with a private banking arm. The bank provides Business banking, Treasury and Wealth Management services, and customer deals directly with a dedicated Relationship Manager and a product specialist.
Anglo Irish Bank was founded in 1964 and became a publicly quoted company in 1971 on the Dublin and London StockExchanges. 85% of shares are held by domestic and international institutions. The bank has an asset base of EUR 18 billion and capital resources of EUR 1.7 billion. Besides Dublin, there are offices in 5 other Irish cities, 5 UK cities, and in the USA (Boston, New York),Austria (Vienna), Switzerland (Geneva), Isle of Man, and Germany (Dusseldorf).
Monte Paschi Asset Management SGR, (MPSGR) is the specialist fund management division of the Italian Group MPS, one of Italy’s leading and most established banks. For it’s new business operations in Dublin Triple’A will be used to manage fund valuations, order workflow and compliance both for internal MPS funds and external institutional investors.
Triple'A, running in the front and middle office, will be interfaced to Bank of Ireland's outsourcing operation.