An Odyssey client since 2003, DAB bank decided to upgrade to the latest version of the market leading portfolio management platform, enabling them to implement the new developments and move to an intuitive, easy-to-use web user interface. From the initial 200 GUI users, the bank will progressively scale up to over 2,000 professional users, mostly Independent Financial Advisors (IFA), who will leverage a fully integrated front-office platform for their advisory and portfolio management business. The other users are DAB bankâs internal advisors, who also rely on TripleâA Plusâ¢ to advise their private banking clients by telephone.
The implementation included the Portfolio Management & Analysis, Modelling & Rebalancing and Performance Attribution modules along with the new Multi-Criteria Queries and Monitoring & Alerts functions. The project also included the implementation of a fully integrated order management workflow with embedded business rules and extensive pre-trade compliance validation, and the capability to include external holdings in a holistic client view.
Michel Jongen, General Manager Western Europe and Scandinavia, says, âThis was much more than a technical migration project. While upgrading DAB bank to the latest version of TripleâA Plus we have deployed our new modules designed to improve the scope of advisory services, the productivity of client advisors and their ability to add value. We are proud to be part of the platform that the majority of German IFAs are using to manage their clientsâ portfolios.â
Dr. Markus Walch, COO DAB bank states, âThis project is part of our continuous commitment to offering the best trading and investment management platforms to our private and professional clients. Investing in service quality and service innovation capability is the best way to remain the number one direct bank in Germany.â