OLYMPIC Banking System available on ASP basis in Switzerland

23 May 2012

ERI is pleased to announce that it has entered into a partnership with the Swiss company change-IT to enable the full functional coverage of the OLYMPIC Banking System, the leading packaged application software for the Private Banking and Wealth Management market, to be provided to banks on an Application Service Provider (ASP) basis.

change-IT, working on close collaboration with ERI, will offer a complete application environment as well as related management services, from its FINMA-approved data centre, to financial institutions wishing to take advantage of the functionally rich offering and modern technology of the OLYMPIC Banking System without having to manage the associated infrastructure.

The partnership between ERI and change-IT not only allows financial institutions to use the broad front-to-back office coverage provided by the OLYMPIC Banking System on ASP mode, but also provides a complete application environment to manage all the core operational processes for pre-defined cost and services.

ERI and change-IT are convinced that this offering, which is available immediately, will be appreciated by financial institutions that no longer wish to be involved in the management of application architecture but that at the same time seek to effectively control their IT costs.

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