Europe's Savings and Investments Union (SIU) is pushing banks to help households put more savings to work but much of retail banking technology was built for deposits, payments and loans, not investment.
In this featured LuxTimes article, Alan Goodrich, Sales Director at ERI, explains how Luxembourg's production-tested investment core, including platforms such as OLYMPIC Banking System, can become shared group infrastructure. Banks keep their cash core local and extend securities and investment capabilities across affiliates, faster than wholesale core replacement and with less risk than repeated local builds.
Read the original article here.
