Asia represents a key market for Julius Baer, one of the oldest and most prestigious Swiss private banks. To drive growth in the region, where it provides investment management and advisory services to high-net-worth clients, the bank’s Hong Kong and Singapore divisions deployed Temenos Wealth. The solution combines core banking, portfolio management, digital channels and analytics functionality in a single platform. With the Temenos solution, Julius Baer is well-placed to deliver high-quality customer service and increase operational efficiency. The project also represents another important step in its partnership with Temenos, following the implementation of Temenos Transact for its business in Luxembourg.
“We are pleased with the go-live in Asia, which is our second home market. Temenos Wealth is laying the operational and technical foundation for our growth in the region. After last year’s integration of the Temenos Transact platform in Luxembourg, this is the second major step in our effort to harmonize our IT landscape around the world.”Nic Dreckmann, COO