|
In order to better align its domestic and international operations, UniCredit’s private banking division in Italy, plus its HVB wealth management division and Bank Austria ‘imprint’, will all be installing Odyssey’s TripleA Plus software to improve reporting, efficiency and ease-of-use
The new UniCredit consolidated portfolio management and advisory platform, based upon Odyssey’s software, will create synergies, consistency and improve reporting and oversight across its European operations, says the bank.
UniCredit Private Bank Italy, Bank Austria and HVB Luxembourg will together equip more than 1,000 portfolio managers and relationship managers for their discretionary and advisory portfolio management business. The earlier successful implementation of Triple’A Plus by HypoVereinsbank Wealth Management and DAB bank in Germany, and by Schoellerbank in Austria – now all part of UniCredit Group – was a key criterion in the decision process.
Michel Jongen, General Manager, Western Europe and C.I.S., Odyssey, explains: “Building on the success of these projects, UniCredit have decided to standardise their Private Banking platforms with Triple’A Plus in order to align their domestic and international business and operating models. This will create synergies, the sharing of best practices and client service consistency.”
|
