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Odyssey Financial Technologies

Case Studies

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Latest Case Study


 Download the pdf document
March 2011
 

RBC Financial Group

Better client service with Temenos WealthManager: Integrated tool improves productivity of investment advisors

Solution

: WealthManager™

Business Benefits


  • 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.



Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email
 

 Download the PDF
Aug 2007
 

CI Financial Inc.

A fully integrated Private Client Wealth Management Platform

Solution

: Triple’A Plus, Reporting

Business Benefits


  • 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

Customer quote


"We at CI and Assante value the relationship we have with Odyssey, and know that we have made the right choice in terms of product and services partner"
Tony Issa, Executive Vice President and Chief Technology Officer, CI Financial.

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
email

 Download the pdf document
Mai 2006

Also available in the following language(s):
 

Hamburger Sparkasse (HASPA)

An integrated Wealth Management Solution for Relationship Managers

Solution

: Triple’A Plus™

Business Benefits


  • 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

Customer quote


"Odyssey was chosen for its excellent reputation and proven track record to deliver mission-critical Private Banking solutions. Empowering our Relationship Managers with a high quality Investment Management Platform will enable them to provide better and much more pro-active investment management services to their clients while we will improve the efficiency of our processes and ability to control risks".
Jörg Ludewig, Head of Private Banking, HASPA

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
Email

 Download the PDF
2009

Also available in the following language(s):
 

HVB Wealth Management

An integrated Wealth Management Solution for Portfolio Managers & Advisors

Solution

: Triple'A Plus™

Business Benefits


  • 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

Customer quote


“The implementation of Odyssey Components has been a major step forward as we now have a highly advanced systems architecture supporting our discretionary and advisory portfolio management processes. For Odyssey this was one of the biggest and most advanced installations so far and we’re proud to have completed such an ambitious program both on time and within budget.”

Bernhard Schmid, Program Manager for the implementation

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
email

 Download the pdf document
Nov 2008
 

SG Hambros Bank

Combining operational efficiency and flexible customer service

Solution

: Triple'A Plus™

Business Benefits


  • 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

Customer quote


"By using Odyssey’s solution we can ensure efficiency on the operational side as well as having the flexibility to offer our customers a bespoke and adapted service on the front-end."

Jean-Pierre Flais, Deputy Group Chief Executive Officer, SG Hambros Bank Limited

Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email

 Download the pdf document
Jan 2009
 

Banque Cantonale Vaudoise (BCV)

An e-Learning Course for Relationship Managers

Solution

: e-teachServer, Triple'A Plus

Business Benefits


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.




Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email

 Download the pdf document
Sep 2006

Also available in the following language(s):
 

Banque Cantonale Vaudoise (BCV)

An integrated performance attribution system

Solution

: Triple'A Plus

Business Benefits


  • 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.

Customer quote


“We at the BCV are now very proud of the performance analysis we provide our clients with. This is consistent with our mission of adding real value through our relationships and Odyssey supports us with these initiatives.”
Alexandre Zannoni, Vice President, Banque Cantonale Vaudoise

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
Email

 Download the pdf document
Sep 2005
 

Delta Lloyd Bank

Efficiently interfacing Front- and Back-Office

Solution

: Gateway Pack

Business Benefits


  • 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.

Quote


"This migration was delivered on time and on budget thanks to Odyssey’s new Gateway Pack solution and the commitment and cooperation of Delta Lloyd’s and Odyssey’s technical and business teams."
Michel Jongen, Odyssey Financial Technologies

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
Email

 Download the pdf document
Sep 2005

Also available in the following language(s):
 

DAB bank AG

Enhancing service levels for Independent Financial Advisors (IFAs)

Solution

: Triple'A Plus

Business Benefits


  • 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

Customer quote


"We relieve Financial Advisors from administrative tasks in the back-office so that they can spend more time advising their clients."
Jens Hagemann, CEO, DAB bank AG

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
Email

 Download the pdf document
Oct 2005
 

Banque Degroof

Straight-through order management

Solution

: Triple’A Plus

Business Benefits


  • 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

Customer quote


"Due to the successful project with Odyssey and GL Trade, Banque Degroof has increased its STP rate by about 15 percent whereas the costs have been reduced by up to 29 percent over the last 4 years.”
Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
Email

 Download the pdf document
Jun 2008

Also available in the following language(s):
 

Andbanc

An integrated Wealth Management Solution for Portfolio Managers and Advisors

Solution

: Triple'A Plus

Business Benefits


  • 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.

Customer quote


“After analysing our private banking needs with our Relationship Managers, we looked for the best option in terms of functionality, integration and execution time. We wanted a system that would give us the lead in Private Banking.
Odyssey was able to show that its outlook reflects the banking world and is therefore a perfect bridge for advancing in technological and functional terms. I have no doubt that a company with the same vision as the Private Banking client and the capacity to adapt to new times is the right choice”.
Carles Ransanz, Andbanc's Deputy General Manager, Organisation and Systems

Contact:
Kristine Solf
Odyssey
Tel. +352 42 60 80 1
Email

 Download the pdf document
Jan 2009

Also available in the following language(s):
 

Allgemeines Rechenzentrum GmbH (ARZ)

Successful migration from RPMS to Triple’A Plus™

Solution

: Triple’A Plus™

Business Benefits


  • 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

Customer Quote


“The project involving the ARZ project banks, ARZ, Cirquent and Odyssey was conducted in a true partnership ensuring that the project’s objectives were clearly achieved within scope, time and budget. With the new functionally extendable Triple’A Plus platform the member banks of ARZ will have a state-of-the-art portfolio management and advisory solution that will support the growth of their business.”

Mag. Markus Hammerl, product manager, Allgemeines Rechenzentrum GmbH

Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email

 Download the pdf document
Jun 2009
 

First Wealth Management

Providing superior private banking services to the Nordic market

Solution

: Triple’A Plus™

Business Benefits


  • 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

Customer Quote


"Our aim was to create a scalable, state-of-the-art environment for our private bankers. Through its in-depth functionality and web-based interface, Odyssey’s solution has provided us with the right tools and knowledge to achieve this goal."

Petter Endsjø, Senior Manager Operations, FIRST Securities

Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email

 Download the pdf document
March 2010
 

Third Rome

Rapid implementation with a local partner

Solution

: Triple'A Plus™

Business Benefits


  • 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.

Customer Quote


“I am very happy with the project so far. We have had the best team on the project, which ensured that the system was delivered on time and within the budget.”

Maxim Yanpolsky, COO, Third Rome

Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email

 Download the pdf document
March 2011
 

RBC Financial Group

Better client service with Temenos WealthManager: Integrated tool improves productivity of investment advisors

Solution

: WealthManager™

Business Benefits


  • 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.



Contact:
Kristine Solf
Tel. +352 42 60 80 1
Email
 
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