Odyssey secures first Malaysian signing with CIMB

Singapore, 14 February 2005 - Odyssey Asset Management Systems is proud to announce its first major Malaysian signing with CIMB (Commerce International Merchant Bankers Berhad), Malaysia’s largest Investment Bank to provide a system solution for its private banking arm. The deal is further evidence of the growing success of Odyssey in the region and reinforces Odyssey Singapore’s most successful year to date.

CIMB will be equipping over 50 users, including their Relationship Managers and back office staff, with the Odyssey flagship products Triple’A and Advisor to support the bank in servicing their private clients. The project has already commenced with the first phase due for completion around mid-year. CIMB is acknowledged as one of the most proactive banks in the region and represents Odyssey’s first client in Malaysia.

"This is a very important step for Odyssey’s presence in Asia", states Dave White, Regional General Manager of Odyssey. "We have been well established in the Asian offices of European banks, but this success further illustrates our ability to meet the needs of local Asian-based banks too. Our efforts to develop solutions for wealth management worldwide are finding support around the globe."

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