Odyssey Financial Technologies

• Using a single, stable, flexible system rather than independent packages results in reduced costs
• Automating manual processes improved the bank’s productivity, reduced the response time and the possibility of human error
• Compliance was greatly improved through simple, direct monitoring of assets in relation to restrictions and legal guidelines
• Easy access to information helps Relationship Managers to provide better customer service

• Unified IT infrastructure for Private Banking and Asset Management – all the pan-European wealth management operations of the entire Anglo-Irish Bank Group are centrally controlled from Vienna
• New private Banking transaction platform runs the investment process automatically, thus saving time and costs and increasing efficiency and speed of customer service. This also enables the operations department to focus their attention on exception management and value-added customer service

• Substitution of a standalone RPMS implementation by a high quality B2F integrated advanced, scalable Investment Management Platform in order to grow the Asset Management business whilst securing mid-term cost savings through reduced back- and middle-office administrative tasks
• Production and efficient delivery of high quality client reporting
• Industrialisation of integrated constraints management, portfolio modelling, rebalancing and monitoring in order to further strengthen the bank's leading position in discretionary portfolio management
• Intuitive browser-based user interface to access comprehensive Portfolio Management and Client Relationship functionalities

• Investment advisor has fingertip access to all the relevant analysis, advice and reporting information for a particular client or group of clients
• Improved customer service: proactive, structured, individualized investment proposals
• Fully industrialized portfolio management process
• More efficient workflows and important cost reductions

• Operational efficiency and flexibility at the front-end
• Facilitates growth: the modular and flexible architecture of Triple’A Plus™ allows banks to easily add on new clients and to extend the usage of the system to different business models, time zones and currencies
• Automated order management
• Improved private client reporting

In 2006, the BCV extended the functional reach of Triple’A Plus by adding Odyssey's relationship management components. The BCV identified training as a key factor for the successful and efficient use of the new software functionality.

The goal was to enrich the traditional training methods with an e-learning course so that the BCV relationship managers could receive basic training in Triple’A Plus accessible any time from any location - with the least interruption to the daily work schedule.

Currently 2,500 users are registered with a user name and password and all the 260 private bankers of the BCV are enrolled on the CCPB e-course.

• High-quality institutional and individual private client reporting, including multi-channel communication and remote access to the platform
• Compliance controls and risk management
• Productivity functions allowing the automated rebalancing of portfolios against complex and flexible strategies or asset allocations
• Integrated contact management and pro-active client portfolio monitoring allows the bank to offer an all-inclusive individualised service

• This new integrated performance attribution system ensures high output accuracy today and provides a flexible platform to cover future requirements.
• BCV now benefits from having all performance measurement, attribution, composite management and reporting (GIPS) available from the same package using the same database.
• BCV was able to improve its operational efficiency and the quality of its client reports.

• Odyssey’s Gateway Pack has helped Delta Lloyd to build the interface on their own, while minimizing consultancy and implementation costs.
• The Gateway Pack saved time and increased the quality of interface development between Triple’A (Front-Office) and Thaler (Back-Office) thanks to the implicit data validation performed by the XML schema.
• The Gateway Pack provides a methodology that minimizes the risks through re-usable components and provides a predictable time frame.

• Comprehensive reporting on a monthly and yearly basis, specific to the needs of IFAs
• Financial Advisors can access the superior PM functionality over a safe web connection at any time from any location
• Execution of orders can be monitored during the conversation with the client
• Complete calculation of all management fee models that exist for DAB clients
• Constraint Management functions and active alert management

• The fully automated order management workflow significantly reduced manual processes thus reducing data errors, high personnel costs and increasing efficiency
• Order cycle duration could be significantly reduced: prior to the complete order cycle, duration was about 15 minutes whereas with STP it has been reduced to approximately 20 seconds
• Employees at the execution desk can focus on value-added activities. Back-office employees are now able to focus on control tasks rather than on the duplication of orders

• Advanced portfolio management, CRM and advisory functionalities enable better control of advisory and product distribution processes, more efficient workflows, and an improved customer service level
• Adapted and improved Private Banking reports fulfil evolving client requirements
• Automatic order generation with an automated front to back office dataflow
• Advanced functionalities in client data management, client contact management and in the preparation of financial proposals to customers.

• Bulk reconciliation (without overdrawing accounts)
• Rebalancing for cash flows
• Triple’A Plus™ reconciliation functionality
• Order allocation
• Constraint Management

• ARZ as the “Software as a Service” provider delivers the Portfolio Management and other services at a substantially lower cost level
• The services include the enhanced functionalities of Portfolio Management & Analysis and Portfolio Modelling & Rebalancing, as well as MiFID-compliant Active Advisory support
• The platform supports various rebalancing approaches and algorithms, includes GIPS-compliant performance calculation and allows performance analysis down to instrument level
• More than 25 reporting modules result in comprehensive, configurable high-quality client reporting. The reporting is adapted to Austrian tax legislation
• The investment processes are now fully automated, allowing the ARZ member banks to optimise their return on investment (ROI) by offering new products and services
• The ARZ member banks can take advantage of a platform that can be extended to cater for additional requirements

• Integrates portfolio management as well as advisory functionality and centralises all the necessary data, including prospect and client data
• Up-to-date overview of the customer’s complete portfolio is ensured through the integration with VPS, Tradex and Swedbank
• With a 360-degree view of the client, advisers can provide timely, comprehensive advice that takes account of all the client's holdings
• Exception-based client and investment management with alert mechanisms and workflows increases productivity and proactive service levels

• InvestmentManager™ makes routine tasks much easier, enabling faster and simpler tracking of the investment process while also allowing the flexibility for sophisticated fund analysis and monitoring.
• The fund managers report that they are impressed with the marked improvement in system load time and the general speed of the system compared to v4.
• The users also like the new Graphical User Interface, perceiving the improved aesthetics of the system as a significant enhancement compared to the previous version. In addition, the improved ergonomics of the system have made the functions much easier to access and use.

• Third Rome’s portfolio managers benefit from the advanced portfolio and performance analysis functionality, including performance valuation, calculation, order allocation and fees calculation.
• The system provides a consolidated, comparative view across the selected portfolios. Portfolio Managers can perform valuations and simulations and effectively “slice and dice” data quickly and easily.
• Order recommendations are automatically generated to bring portfolios into line and are checked online for compliance with client constraints.