Case Study: Malta Private Bank achieves accelerated cross-border growth and reduced costs with EdgeVerve Finacle Wealth Management Solution

How Finacle Wealth Management Solution helped the private bank expand its offering and become a dominant player

Malta Private Bank needed to accelerate growth and expand its wealth-management offering across Malta and Belgium, addressing challenges like cross‑border trading, multi‑currency investments, disparate data and the move to online, multi‑channel client engagement. EdgeVerve implemented the Finacle Wealth Management Solution to broaden product coverage and modernize the bank’s front‑end and client servicing capabilities.

EdgeVerve’s solution enabled cross‑border trading across ~3,000 instruments and access to 20,000+ Morningstar funds, supporting 2,700+ mutual funds, 9,200+ equities/ETFs and 2,100+ bonds, while delivering consolidated portfolio views and online wealth functions. The deployment helped increase cross‑sell, improve commission reconciliation to curb revenue leakage, and reduce hardware, integration and manpower costs—lowering total cost of ownership and positioning the bank for faster growth.