Abstract
This Financial Insights report outlines the private banking software solutions
requirements by the Asian market and provides an overview of the most relevant
solutions available in the arena. It also discusses the typical package
selection criteria adopted by private banks to narrow down their search for the
most appropriate solution provider, and issues vendors' need to keep top of
mind when targeting the market. This report accompanies a preceding publication
- Private Banking: Volume 1 - Shaping Asia' s Private Banking Strategies
(Financial Insights #FIN213595, August 2008), which spotlighted the regional
expanding private banking scene and summarized the major components of a
comprehensive private banking initiative.
"With the competitive panorama changing for private banks, it is becoming
increasingly crucial that these institutions boast a stellar supporting
technology backbone," comments Li-May Chew, CFA, senior research manager for
Financial Insights Asia/Pacific Financial Advisory Service. "The key vendors we
explored in this report - covering issues such as their solution architectures
and notable functionalities, selected references, and on-ground presence -
include ERI, Odyssey Financial Technologies, SS&C Technologies, SunGard, and
Temenos."
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