Banque Richelieu Monaco has chosen ERI’s Olympic Banking System to support the expansion of its private banking business. The partnership will enable the bank to enhance its services, improve efficiency, and focus on growing its business.
Facts
- Banque Richelieu Monaco has selected ERI’s Olympic Banking System for its private banking business expansion.
- Banque Richelieu Monaco specializes in portfolio management and advisory, private financing solutions, and wealth management.
- The partnership with ERI will allow the bank to utilize Olympic Banking System’s CRM and portfolio management system, cash and securities processing, custody management, corporate actions, tax reporting, and tax statement production.
- ERI’s partner BearingPoint will handle the integration, and the project will be delivered as a Software-as-a-Service (SaaS).
- Thomas Lhuillier, CEO of Banque Richelieu Monaco, and Slim Jaziri, deputy CEO, express that the partnership will enable them to offer optimized and modern services while improving the efficiency of their private banking operating model.
- ERI’s Olympic Banking System is utilized by more than 400 banks and financial institutions in 60 countries worldwide.
- ERI’s recent clients include French private bank Milleis and Bank of China’s Luxembourg arm.
