Summary Type of financial institution: Private bank Headquarters: Zurich, Switzerland
Branches: Switzerland (2), Luxembourg (1), Singapore (1). Representative offices: Hong Kong (1),Moscow (1), Tel Aviv (1) Assets: $3.7 billion (total assets); $10.3 (assets under management)
Project scope: Private banking operations across domestic and international locations System/vendor replaced: Apsys from Sungard (in Geneva) System/vendor installed: Olympic from ERI Technology: IBMiSeries
Current functionality: Accounting, GL, financials, administrative activity, money transfer, securities and FX processing, processing of derivative instruments, loans and advances, processing of off-balance sheet items, front- end
Interfaces: Trading platform for FX and securities; Fire supervisory reporting system from BearingPoint; Focus risk management system from EGAR Technology; AML system; archiving system and Swift gateway
Selection team: Bank, parent bank, consultants Selection time: Six months for the first project, 18 for the second Installation team: Bank, parent bank, vendor, consultants
Installation time: Twelve months (core and main modules) plus six months for additional functionality Level of satisfaction: High
