Financial Advisors to Cash in on New Release of WealthManager

GENEVA , Jan 11, 2012 /PRNewswire/ –

Temenos, a marketplace heading provider of banking software, currently showcases a latest chronicle of WealthManager, an attention heading front-office height designed to broach a holistic proceed to resources management.

Increasingly, banks are integrating private banking use offerings to camber mixed business lines, pushing a need for information assembly opposite several sources. WealthManager consolidates all portfolio and patron information by interfaces with back-office systems, broker, protector and outmost services. Today, cost pressures are pushing a need for reduced sum cost of tenure (TCO); banks need front bureau applications with interfaces to behind bureau systems that broach a singular patron perspective while obscure doing time, TCO and upkeep costs. The new recover of WealthManager has been grown with this mind; for example, it now facilities new customary interfaces with heading US back-office complement providers as good as enhancements for cleaning and mapping mixed sources to a single, client-centric view.

Wealth government firms also advantage from some-more out-of-the-box reports for portfolio valuation, investment opening and investment process statements. These give advisors a complete, stretchable news catalog for easy news generation. WealthManager now also facilities a absolute workflow engine and engineer to automate processes such as patron on-boarding to safeguard that correspondence rules, support and agreement policies are practical well and cost effectively. Enhancements in portfolio analysis, opening calculation, offer era and patron government broach an softened 360 grade patron view.

Isabella Fonseca , Research Director Wealth Management, Securities and Investments, Celent comments: “During a final few years, governments have introduced many new regulations to strengthen consumers and umpire cross-border activities. These place vast executive overheads on resources government firms and are pushing investment in new record to automate patron on-boarding so regulatory mandate are practical in an automated, some-more fit manner.”

Jean-Michel Hilsenkopf , Managing Director, Temenos Private Wealth Management comments: “These new facilities in WealthManager simulate patron mandate for increasing organic brilliance and faster deployment. Today, banks need softened potency and lively to adjust fast to changing marketplace demands. In response, we have softened a wrapping of WealthManager by adding some-more minute support and pre-defined configurations for faster implementation, pattern and upkeep and a reduce sum cost of ownership. Enhanced wrapping of business functionality and processes gives business choice, enabling them to fast feat a advantages of flexible, complicated and functionally abounding solutions for a superior, value combined service.”

About Temenos

Founded in 1993 and listed on a Swiss Stock Exchange, Temenos Group AG (TEMN.SW; TEMN.S) is a marketplace heading provider of banking program systems to retail, corporate, universal, private, Islamic and microfinance village banks. Headquartered in Geneva with some-more than 60 offices worldwide, Temenos serves over 1,500 business in some-more than 125 countries opposite a world. Temenos’ program products yield modernized record and abounding functionality, incorporating best use processes that precedence Temenos’ knowledge in over 700 implementations around a globe. Temenos business are proven to be some-more essential than their peers: information from The Banker – tip 1000 banks shows that Temenos’ business suffer a 54% aloft lapse on assets, a 62% aloft lapse on collateral and a cost/income ratio that is 7.2 points reduce than non-Temenos customers.

For some-more information greatfully revisit http://www.temenos.com

Other Temenos contacts:

    Max Chuard
    Temenos Director                       Petra Shuttlewood
    Corporate Finance  IR                 Temenos PR Manager
    Member of the Executive Board          Tel: +44(0)207-423-3751
    Tel: +41-22-708-14-82                  Email: pshuttlewood@temenos.com
    Email: mchuard@temenos.com             
 
                                           Claire Barry
                                           Hudson Sandler for Temenos
                                           T +44(0)20-7710-8940
                                           Email:cbarry@hudsonsandler.com
    Sarah Bowman
    Associate Director, Investor Relations Lucy Clark
    Tel: +1-646-472-8069                   Hudson Sandler for Temenos
    Mob: +1-646-752-5463                   T +44(0)20-7710-8934
    sbowman@temenos.com                    Email:lclark@hudsonsandler.com