Friday, November 22, 2024
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Metrobank in the Philippines taps Temenos for its wealth management tech

  • Metropolitan Bank and Trust Company (Metrobank), based in the Philippines, has partnered with Swiss banking solutions vendor Temenos to implement its private wealth management offering.
  • The bank will implement the Temenos Wealth solution to enhance its private wealth unit, which currently offers investment advisory, wealth planning, trust, and fiduciary services to high and ultra-high net worth clients.
  • Temenos Wealth solution will provide the bank’s wealth management business with AI-powered wealth analytics, digital onboarding, and self-service capabilities, including robo-advisory and goal-based planning.
  • These capabilities will support the automation of investments, order generation, and compliance checks within the unit’s internal operations.
  • Fernand Antonio Tansingco, financial markets sector head for Metrobank, highlights that the solution will modernize the bank’s wealth management capability and enable them to provide highly personalized services to customers.
  • The implementation will be overseen by Temenos’ regional delivery partner, Collaboration Betters the World (CBTW).

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