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Summary Type of financial institution: Private bank Headquarters: Luxembourg Branches: Head office only Assets: c. $17 billion funds under management Project scope: Front-to-back office private banking operations System/vendor replaced: Legacy software
System/vendor installed: Callataÿ &Wouters' (now part of Sopra) Thaler on an ASP basis through Clearstream Current functionality: Front office, back office, GL Interfaces: Swift and an internet interface for customer access Selection team: Bank supported by consultants from parent company Selection time: Around three months Installation team: Bank plus Clearstream and Callataÿ &Wouters Installation time: Six months Level of satisfaction: High