Odyssey secures first Malaysian signing with CIMB

CIMB will be equipping over 50 users, including their Relationship Managers and back office staff, with the Odyssey flagship products Triple'A and Advisor to support the bank in servicing their private clients. The project has already commenced with the first phase due for completion around mid-year. CIMB is acknowledged as one of the most proactive banks in the region and represents Odyssey's first client in Malaysia.

"This is a very important step for Odyssey's presence in Asia”, states Dave White, Regional General Manager of Odyssey. “We have been well established in the Asian offices of European banks, but this success further illustrates our ability to meet the needs of local Asian-based banks too. Our efforts to develop solutions for wealth management worldwide are finding support around the globe."

About CIMB Berhad Group (CIMBB)
CIMBB Group, the investment banking arm of CAHB, is one of Malaysia's best-capitalised investment banks and an integrated capital market services provider. Its expertise covers corporate finance, debt markets and derivatives, equity markets and derivatives, Islamic capital markets, private banking, private equity and research. CIMBB Group has a total staff strength of over 1,000 employees as at December 2004 and shareholders' funds of RM1.58 billion as at 31 December 2003. The group comprises eight core companies, Commerce International Merchant Bankers Berhad, CIMB Discount House Berhad, CIMB Securities Sdn Bhd, CIMB (L) Limited, CIMB Futures Sdn Bhd, PT CIMB Niaga Securities, Commerce Asset Fund Managers Sdn Bhd and Commerce Trust Berhad.

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