Morval Bank & Trust have implemented International Private Banking’s (IPBS) compliance application. Morval already uses other IPBS applications.
“IPBS have a long standing association with our Bank,” says Paul Giacomelli of Morval. “The IPBS team has an excellent reputation for delivery, support and in particular their flexible approach to our needs, and their understanding of our business. It sets them apart from other providers.”
During natural disasters – like hurricane Ivan, which struck the Cayman Islands in 2004 – access to electronic records and the ability to continue to run the business is essential for offshore banks, says a Morval press release.
“Morval has seen the gamut of the IPBS product evolvement over the years since 1997 when they first implemented our DOS based solutions,” says Bruce Raine, Founder and President of IPBS. “Three years later they migrated from this version to the Visual Basic offering and have now implemented our latest .NET product offering. As we approach their ten year anniversary as an IPBS client we are very pleased to see their business growth and development and are happy that we have been able to meet their technology needs over the years.”