GENEVA, Switzerland – 15th May 2012 – Temenos (SIX: TEMN), the market leading provider of banking software, is pleased to announce that Bankhaus Main, an independent private bank in Germany, has implemented Temenos’ Triple’A Plus portfolio management system back to front-office in under 12 months to enhance transparency, extend its service offering and support business growth. Bankhaus Main is now able to benefit from comprehensive portfolio management functionality, complex analysis tools and high-quality reporting, enabling it to perform more detailed evaluations of cash flow, revenue and performance, and consolidate this information in in-depth client reports.
Commenting on this last roll out, Andreas Leonhardt, CFO, Bankhaus Main said: “To meet increased client demand for information and extend our service offering, we needed a new portfolio management solution to be in place quickly. We had to ensure fast ‘time-to-market’ and project execution reliability. The project has involved close co-operation between our teams, and we found Temenos to be flexible and responsive throughout this process. Triple’A Plus offers us the right functionality to deliver new products and services to grow our business quickly. It fits the distinct needs of our high net worth clients and gives us the opportunity to provide to them a complete overview over all their investments, including private equity and other non-standardised products.”
“We will shortly launch a new online banking portal based on Triple’A Plus to provide our customers prompt and detailed information on the status and performance of their assets so that they can evaluate their investment risks better”, said Leonhardt.
About Bankhaus Main
Bankhaus Main AG is an independent private bank based in Frankfurt. The bank is rooted in the securities trading business, formerly provided under the brand RG securities AG, securities trading bank. Since the obtaining of the “full banking license” Bankaus Main offers its customers a wide range of banking services including credit business, deposit business and custody business. In addition to that Bankhaus Main is engaged in institutional client business and lead brokerage / specialist at the Frankfurt Stock Exchange. As an investment bank and Deutsche Börse Listing Partner, Bankhaus Main accompanies IPOs and is a qualified partner for all questions related to the capital market. Bankhaus Main also provides asset management service to domestic and international high net worth private customers, trusts and foundations via its Asset Management division. Furthermore Bankhaus Main AG is active in shareholdings management and offers tailored financing solutions to selected companies.
Founded in 1993 and listed on the Swiss Stock Exchange (SIX: TEMN), Temenos Group AG is the market leading provider of banking software systems to retail, corporate, universal, private, Islamic, microfinance and community banks, wealth managers, and financial institutions. Headquartered in Geneva with more than 60 offices worldwide, Temenos is proven in over 1,500 customer deployments in more than 125 countries across the world. Temenos’ software products provide advanced technology and rich functionality, incorporating best practice processes that leverage Temenos’ expertise around the globe. Temenos customers are proven to be more profitable than their peers: as of April 2012 – over the last 3 years Temenos customers have enjoyed on average a 30% higher return on assets, a 46% higher return on capital and a cost/income ratio that is 8.5 points lower than non-Temenos customers.
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