Frankfurter Bankgesellschaft, which has its headquarters in Zurich and a subsidiary bank in Frankfurt am Main, serves a continually growing number of high net worth clients in wealth management. For the private bank in Germany, it was looking for complementary standard software that could easily be adapted to the new requirements of the steadily growing bank in a customizable and scalable way and also fulfilled MiFID II requirements.
By opting for the vwd portfolio manager, vwd advisory solution, and the module-based MiFID II services, Frankfurter Bankgesellschaft (Deutschland) AG selected a flexible and regulatory compliant solution for part of its asset administration. It allows portfolio management to be mapped efficiently on the basis of a uniform data structure, so that the private bank's planned growth is optimally supported.
"We also chose vwd as a supplement to our portfolio management system landscape because its solution offers us a very flexible model with which we automatically benefit from the development and maintenance of the software. This is not only important for the mapping of regulatory requirements, but also for the continuous optimization of digitized processes," emphasizes Joachim Tolksdorf, head of the project at Frankfurter Bankgesellschaft (Deutschland) AG.
Via a direct interface connection, data imports and, in the future, order tasks can also be carried out quickly, accurately and professionally with vwd portfolio manager. Thanks to the interface's fully automated process support, employees at Frankfurter Bankgesellschaft save time, which enables them to focus on their core tasks.