Case Study: a bank in Singapore streamlines wealth management and securities lending with Miles Software’s MoneyWare Suite

The Bank goes live in 3 months with Miles Software Solutions

The Singapore branch of a renowned bank faced the challenge of moving its newly launched wealth management business from inefficient manual processing to an effective and automated investment management system. Miles Software Solutions was engaged to implement its MoneyWare Wealth Management Suite and MoneyWare Security based Lending Solution to address this need.

Miles Software Solutions implemented the solution in a single phase, completing the project and going live within three months. The systems were integrated with the bank's core Temenos T24 platform and its Document Management System. This automation streamlined the entire operation, considerably reduced operational costs, and provided extensive reporting. The readily scalable solution from Miles Software Solutions also enabled the client's sales team to better service their clients with improved investment performance information.

The Bank