Major extension of Triple'A at Monte Paschi Asset Management
08-May-2006
| Paschi, part of the world's oldest bank founded in 1472, has decided to upgrade
its existing Triple'A users in Milan and Dublin to the Odyssey Portfolio Manager
Workstation.
The current users of Triple'A, in excess of 150 portfolio managers, will benefit from advanced technology, extended functional coverage and improved user friendliness through web technology. Triple'A is closely integrated into MPAM's global information system and represents the central repository for fund positions and related analytics. With this upgrade, MPAM confirms its confidence in this major component of its architecture, and in the partnership with Odyssey Asset Management Systems. About Monte Paschi Asset Management Sgr Throughout this project, Monte Paschi Asset Management Sgr was able to conclude the reorganization of MPS Group asset management activities, a project that despite its challenging initial requirements was aimed at enhancing the management structure and at making the financial services offered to clients even more efficient. The concentration of different skills within one unique structure has since allowed Monte Paschi Asset Management Sgr to become the advanced point of reference for all of the group's newly launched initiatives in the areas of investment and savings management. This led in March 2002 to the Sgr entering the "Alternative Investments" sector through the establishment and launch of MPS Alternative Investments. At the beginning of 2003 the company penetrated an additional business field of structured products through an Irish-based investment company, MPS Asset Management Ireland Ltd. Both companies are solely controlled by Monte Paschi Asset Management Sgr. |
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Contact |
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| Valérie Michiels Marketing Officer, Odyssey Tel. +352 42 60 80 1 |
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