WMS is pleased to announce that it has won an order for its LISAÂ® wealth management system from Standard Bank of South Africa valued at Â£360,000, including a license valued at Â£180,000. LISAÂ® will support all private client wealth management services for Standard Bankâs operations in London, Hong Kong, Miami, and Jersey, in addition to other satellite offices.
Paul Newton, Chief Executive of WMS, said: "LISAÂ® will enable Standard Bank to enhance and harmonise its client facing technology for its worldwide private client operations. Standard Bank currently holds data on twelve different internal and external systems and LISAÂ® will enable this information to be consolidated onto one system, enabling the bank to present a consistent private client wealth management service and global brand to its customers. LISAÂ® will handle all of the asset classes including cash, securities, precious metals, derivatives and FX trading and our software will support a number of new functions including collateralised lending and client profitability analysis. The project will be implemented during the remainder of this year and the first half of next year".
WMS has also been awarded a further NHS contract, from the Velindre NHS Trust for the supply of a Welsh Breast Screening System valued at Â£58,000.