Banco Itau, the largest bank in Latin America, knows that it has no time to rest on its laurels. To protect its hard-won market share, the bank continually seeks to invest in the latest banking solutions to meet the fast-changing requirements of its clients. To enrich the product range for its international private banking operations, Banco Itau will deploy Temenos Wealth Management on cloud. The platform will deliver integrated core banking, digital channels, analytics and wealth management functionality. Following a big bang implementation strategy to accelerate time to value, Banco Itau will be able to bring new services to market faster, build an attractive, user-friendly online presence, and scale seamlessly as business volumes grow.
“Investing in technology and the digital transformation of Itau is crucial in order to meet clients’ needs and create lasting value. Itau’s international Private Bank selected a technology platform that will enrich the customer experience, reduce time to market for new products, generate efficiencies and reinforce the segments’ digital strategy. Temenos Wealth Management solution will allow key international offices to automate front, middle and back office functions. Equally important, the new technology platform will make the business better prepared for the exponential evolution of technological cycles.”Carlos Constantini, CEO of U.S. and Head of international private banking
Temenos announces that Itaú Unibanco Holding SA has selected Temenos Wealth Management