Private Banking is facing perhaps its greatest challenge. It is estimated that Gen X and Gen Y will inherit €8 trillion from their Baby Boomer parents over the next 10 years. Private Banks need to be, and remain, profitably relevant. Alan Goodrich, at ERI, explores the critical success factors.
About ERI Bancaire
ERI Bancaireis an international company, specialising in the design, development, implementation and support of an integrated, real-time banking software package: the OLYMPIC Banking System. Well established in many of the major financial centres of Europe, ERI's policy is to be close to its clients and consequently has offices in Geneva, London, Lugano, Luxembourg, Paris, Singapore and Zurich. ERI is the market leader in the provision of banking and asset/wealth management software in many countries, especially in Luxembourg, Monaco and Switzerland.