Dresdner Kleinwort has selected TEMENOS 24, Temenos’ modular core banking system, to support 16 subsidiaries and branches across Europe, Asia Pacific and the US.
“In addition to changes in customer requirements, we expect to see a significantly increased business volume in corporate cash products as a result of SEPA,” says Pascal Emile, Global CIO, Dresdner Kleinwort. “We needed a platform that could help us to meet these challenges while providing a single centralised system across our branch network.”
Dresdner Kleinwort has chosen T24 Model Bank, which includes pre-configured products and processes for banking best practice in order to reduce the implementation time, increase RoI, minimise customisation and lower the project risk.
Temenos will lead the implementation, which is expected to initially go live in H1 2008 in Austria. This will be followed by a phased approach across its remaining network of 16 international branches.