International Private Banking Systems

“There was considerable relief to know that, along with all the benefits of installing IPBS, we would be fully relieved of the costs and operational issues of maintaining the legacy system, while continuing to have access to that data through the new IPBS solution.”

“We were all very impressed with how IPBS approached the implementation. By spending time onsite in Petion-Ville, on the outskirts of the capital Port au Prince, we were able to work as a single team to deploy a solution that matched our exact requirements. We went live in a relatively short period of time with additional remote support from IPBS. ProFin uses the IPBS system to manage all corporate and financial accounting, as well as operations and back office processing tasks. Whenever it buys or sells a security, the entire accounting processes are automated within IPBS. This high level automation saves us a lot of time, and frees up our staff to concentrate on other client serving activities. It also minimises the potential risk of errors. The IPBS solution also helps with the on boarding of new customers including capture and cataloguing of all mandated documents for parties connected to a client entity. A client’s appetite for the risk/reward correlation in an investment portfolio can be calculated and matched to a system asset allocation policy that will monitor that choice.”

"British Caribbean Bank enhances customer service and improves compliance with IPBS private banking and wealth management system. We were under severe time pressure to implement a replacement system and this placed the IPBS implementation under significant scrutiny. The project went live in just 90 days thanks in part to IPBS’s rapid implementation approach. This reduced the burden of data migration in particular and allowed us to focus on managing the non-technical aspects of the change. It’s a very good, intuitive system that suits our requirements. Very little user training was needed and within a few weeks of go-live, any teething issues have been resolved. IPBS have a very good understanding of how to deploy their system and it’s worked well for us."