Odyssey Financial Technologies

• Using a single, stable, flexible system rather than independent packages results in reduced costs
• Automating manual processes improved the bank’s productivity, reduced the response time and the possibility of human error
• Compliance was greatly improved through simple, direct monitoring of assets in relation to restrictions and legal guidelines
• Easy access to information helps Relationship Managers to provide better customer service

• Substitution of a standalone RPMS implementation by a high quality B2F integrated advanced, scalable Investment Management Platform in order to grow the Asset Management business whilst securing mid-term cost savings through reduced back- and middle-office administrative tasks
• Production and efficient delivery of high quality client reporting
• Industrialisation of integrated constraints management, portfolio modelling, rebalancing and monitoring in order to further strengthen the bank's leading position in discretionary portfolio management
• Intuitive browser-based user interface to access comprehensive Portfolio Management and Client Relationship functionalities

• Investment advisor has fingertip access to all the relevant analysis, advice and reporting information for a particular client or group of clients
• Improved customer service: proactive, structured, individualized investment proposals
• Fully industrialized portfolio management process
• More efficient workflows and important cost reductions

• Operational efficiency and flexibility at the front-end
• Facilitates growth: the modular and flexible architecture of Triple’A Plus™ allows banks to easily add on new clients and to extend the usage of the system to different business models, time zones and currencies
• Automated order management
• Improved private client reporting

In 2006, the BCV extended the functional reach of Triple’A Plus by adding Odyssey's relationship management components. The BCV identified training as a key factor for the successful and efficient use of the new software functionality.

The goal was to enrich the traditional training methods with an e-learning course so that the BCV relationship managers could receive basic training in Triple’A Plus accessible any time from any location - with the least interruption to the daily work schedule.

Currently 2,500 users are registered with a user name and password and all the 260 private bankers of the BCV are enrolled on the CCPB e-course.

• This new integrated performance attribution system ensures high output accuracy today and provides a flexible platform to cover future requirements.
• BCV now benefits from having all performance measurement, attribution, composite management and reporting (GIPS) available from the same package using the same database.
• BCV was able to improve its operational efficiency and the quality of its client reports.

• Odyssey’s Gateway Pack has helped Delta Lloyd to build the interface on their own, while minimizing consultancy and implementation costs.
• The Gateway Pack saved time and increased the quality of interface development between Triple’A (Front-Office) and Thaler (Back-Office) thanks to the implicit data validation performed by the XML schema.
• The Gateway Pack provides a methodology that minimizes the risks through re-usable components and provides a predictable time frame.

• Comprehensive reporting on a monthly and yearly basis, specific to the needs of IFAs
• Financial Advisors can access the superior PM functionality over a safe web connection at any time from any location
• Execution of orders can be monitored during the conversation with the client
• Complete calculation of all management fee models that exist for DAB clients
• Constraint Management functions and active alert management

• The fully automated order management workflow significantly reduced manual processes thus reducing data errors, high personnel costs and increasing efficiency
• Order cycle duration could be significantly reduced: prior to the complete order cycle, duration was about 15 minutes whereas with STP it has been reduced to approximately 20 seconds
• Employees at the execution desk can focus on value-added activities. Back-office employees are now able to focus on control tasks rather than on the duplication of orders

• Advanced portfolio management, CRM and advisory functionalities enable better control of advisory and product distribution processes, more efficient workflows, and an improved customer service level
• Adapted and improved Private Banking reports fulfil evolving client requirements
• Automatic order generation with an automated front to back office dataflow
• Advanced functionalities in client data management, client contact management and in the preparation of financial proposals to customers.

• ARZ as the “Software as a Service” provider delivers the Portfolio Management and other services at a substantially lower cost level
• The services include the enhanced functionalities of Portfolio Management & Analysis and Portfolio Modelling & Rebalancing, as well as MiFID-compliant Active Advisory support
• The platform supports various rebalancing approaches and algorithms, includes GIPS-compliant performance calculation and allows performance analysis down to instrument level
• More than 25 reporting modules result in comprehensive, configurable high-quality client reporting. The reporting is adapted to Austrian tax legislation
• The investment processes are now fully automated, allowing the ARZ member banks to optimise their return on investment (ROI) by offering new products and services
• The ARZ member banks can take advantage of a platform that can be extended to cater for additional requirements

• Integrates portfolio management as well as advisory functionality and centralises all the necessary data, including prospect and client data
• Up-to-date overview of the customer’s complete portfolio is ensured through the integration with VPS, Tradex and Swedbank
• With a 360-degree view of the client, advisers can provide timely, comprehensive advice that takes account of all the client's holdings
• Exception-based client and investment management with alert mechanisms and workflows increases productivity and proactive service levels

• Third Rome’s portfolio managers benefit from the advanced portfolio and performance analysis functionality, including performance valuation, calculation, order allocation and fees calculation.
• The system provides a consolidated, comparative view across the selected portfolios. Portfolio Managers can perform valuations and simulations and effectively “slice and dice” data quickly and easily.
• Order recommendations are automatically generated to bring portfolios into line and are checked online for compliance with client constraints.

• Increased Productivity: WealthManager gives RBC Dominion Securities (DS) investment advisors a 360° view of their customers and enables them to deliver a broader set of wealth management services without having to toggle between different applications.
• Cost Reductions: RBC DS was able to consolidate a number of disparate systems, leading to significant reductions in infrastructure and support costs.
• Improved Client Reporting: As client reporting is recognised as one of the most important advisory services, RBC has improved this function by using the WealthManager database to build an integrated, customisable client reporting solution.