DAB bank moves to Odyssey Triple'A Plus™ WUI

Deutsch

Odyssey Financial Technologies is pleased to confirm the signing of the DAB bank migration project and licence extension. DAB bank, the number one Direct Bank in Germany in terms of customers and assets under management, is going to move its existing Triple’A Plus™ platform from a graphical user interface (GUI) to a web user interface (WUI). This will enable the bank to increase the number of users significantly. From the initial 200 GUI users, the bank will progressively go up to 2,000 web users. Based on Odyssey’s packaged deliverables the web user interfaces are intuitive and ‘easy to use’ leading to an improved usage rate of the functions without any expert knowledge.

The Triple’A Plus™ platform will provide the DAB related Independent Financial Advisors with full front-office support for their advisory and portfolio management process and business requirements. It will also include a fully integrated order management workflow with extensive pre-trade compliance validation.

“DAB bank is part of the UniCredit Group and is our third customer within the Group. Beyond the opportunity for Odyssey to establish our Triple’A Plus™ platform as a standard within the Group we see this as a strategic reference project for other IFA service organisations and ASP partners, in Germany and beyond” comments Michel Jongen, General Manager, Germany, Austria and Eastern Europe, Odyssey.

About DAB bank
DAB bank AG is the biggest Discount Broker in Germany in terms of assets under management and third biggest in terms of number of clients. Serving both (B2C) private clients and (B2B) professional clients, DAB has become the leading IFA partner in Germany working with 60% of the German asset managers. In Q1 2008 DAB bank raised the number of financial intermediaries to 1,050. These intermediaries directly serve 112,814 of its end costumers. The B2B segment stands for 46.5% of the total volume of customer assets under management of 29.48 bn. Euro as of March 31, 2008. For further information about DAB bank AG, please visit: www.dab-bank.de

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