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10.2.2004 
Standard Chartered Bank (SCB) goes live with the 1st phase of ‘FUTURE BANK’ using FINANTIX Components.
 

London, England, 10th February 2004 – FINANTIX Ltd is pleased to announce the successful launch of the first phase of the ‘Future Bank’ project at Standard Chartered Bank using FINANTIX Components. This achievement represents a successful milestone towards the rollout of the new, cross-countries platform, which will support the Bank’s multi-channel strategy and range of client relationships, including banking, investment and wealth management activities.

The launch focuses on delivering an integrated, browser based environment and workstation to all SCB’s client facing staff, enabling an innovative and structured approach to managing client relationships. SCB’s financial professionals can now access, manage and analyse the overall client relationship with the Bank by adopting a consistent, holistic approach. They are able to view extensive client profile information, track and monitor all contacts and interactions, analyse details of client asset and liability positions as well as manage client reporting, diary and calendaring services, and be promptly alerted on potential clients and cross-selling opportunities.
“This is the first step towards our target solution, ‘Future Bank’.” said Alison McFadyen, SCB Programme Director. “The target solution will incorporate all of the first phase functionality as well as financial planning, automation of banking and investment transactions and internet transactional capabilities of FINANTIX Components integrated with the newly selected TEMENOS GLOBUS™ backend.” “We are very pleased to see the first rollout released on time, within budget and complying with SCB’s expectations”, states Cord Hoppe, director of Professional Services of FINANTIX. “Another successful delivery continues to validate the strength of the FINANTIX, component-based, J2EE and MDA (Model Driven Architecture) architecture. These implementation standards ensured a rapid deployment, reduced the project risk and allowed a smooth integration between FINANTIX modules and SCB’s internal systems and applications” explains Mr. Hoppe.
“The six-month deployment is evidence of a strong working relationship between SCB and FINANTIX. We are proud to have laid down a solid foundation, upon which to start our collaboration with Standard Chartered Bank. We view this as an important partnership, assisting the Bank to consolidate its reputation at a global level.” comments Mr Hoppe.


About Standard Chartered Bank

Standard Chartered – leading the way in Asia, Africa and the Middle East

Standard Chartered Bank employs 30,000 people in over 500 locations in more than 50 countries in the Asia Pacific region, South Asia, the Middle East, the United Kingdom and the Americas. It is one of the world’s most international banks with a management team comprising 70 nationalities.

Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market comparison.

It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, custody, foreign exchange, debt capital markets and corporate finance.

Standard Chartered is well established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability.

The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.

 

About Finantix

FINANTIX offers component-based software solutions that help financial institutions better service clients and increase sales. With more than 42 active clients all over the world and offices in Helsinki, London, Milan, Munich, Singapore and Venice, FINANTIX offers an unparalleled array of modular, process-oriented, client-centric, sales-driven financial components for retail and corporate financial services including: retail advice and financial planning; branch innovation; lending and mortgage origination; financial relationship management; wealth management and private banking; bancassurance; mutual funds and unit trusts supermarkets; brokerage and internet banking; SME and corporate banking advisory services. All functionality is available over multiple channels adopting cutting-edge J2EE standards and a Model Driven Architecture.


FINANTIX Components are designed with a coherent and consistent approach that leverages a modern, enterprise-wide data model. They adopt a flexible process and workflow management architecture with a specific attention to reusability, process assembly and customisation capability across multiple business channels. All business services, based on a native object-oriented Model Driven Architecture, are available as SOAP services and can integrate smoothly with multiple Enterprise Information Sources such as core banking systems, asset management and insurance applications, data warehouses and other specific applications. The system allows a full reuse of business logic across multiple business channels such as branches, investment services, call centres, external agents, intermediaries, and the Internet with total support of technical channels and devices such as browser, PDA and wireless devices, ATM, IVR, etc

For further information please contact:

Finantix
E-mail: sales@finantix.com

 
 
 
 

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