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Banque Richelieu Monaco selects OLYMPIC Banking System

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OLYMPIC Banking System - Core Banking

OLYMPIC Banking System helps you streamline and digitise complex processes from front to back office, unlocking your institution’s full growth potential. The solution covers for instance payments and remittances, loans and mortgages, savings and deposits as well as all required regulatory requirements.

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by ERI
| 02/06/2023 12:00:00

ERI is pleased to announce that Banque Richelieu Monaco has chosen OLYMPIC Banking System as its new platform to support its private banking business expansion.

Banque Richelieu Monaco is a pure private banking player focused on three major service areas: tailored discretionary portfolio management and advisory, private financing solutions, and wealth management planning. The project will include OLYMPIC Banking System’s CRM and Portfolio Management System as well as cash and securities processing, custody management, corporate actions, tax reporting and tax statement production.

The project will be delivered in a SaaS mode with systems and data hosted by our partner Claranet, and the ERI Sourcing team will handle technical and functional operations. The integration will be managed by our partner BearingPoint.

“We are delighted and honoured to have been chosen by Banque Richelieu Monaco, following a very detailed evaluation process. We feel confident that ERI’s local and international expertise combined with the depth and breadth of functionality in the product, will provide Banque Richelieu Monaco with a solid platform for their future expansion,” said Jean-Philippe Bersier, Director of Sales & Marketing at ERI.

Thomas Lhuillier, Chief Executive Officer (CEO) of Banque Richelieu Monaco, and Slim Jaziri, Deputy CEO, added: “We have been pleased by the reactivity and flexibility of ERI’s teams during the selection process. In a rapidly changing and increasingly demanding business environment, this collaboration will enable us to offer our clients optimised and modern services, while focusing on growing our business and improving the efficiency of our private banking operating model. We are confident that OLYMPIC Banking System will allow us to further automate and optimise our processes, upgrade the quality of customer services and enhance the user experience.”

Read the original article here.