Friday, November 22, 2024
8.6 C
New York

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).

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

What is Fintech?

Fintech: A term used to refer to innovations in...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

How to buy shares online

Buying shares online in India has come a long...

Is it worth investing in life insurance over 60?

Is it worth investing in life insurance over 60? As...

TrueLayer Cuts Workforce Amid Profitability Push and $50M Funding Boost

Workforce Reductions: TrueLayer, an open banking payments company...

Amundi Acquires Aixigo to Expand Wealth Management Technology Offerings

Strategic Acquisition: Amundi, Europe’s leading asset manager with...

Celero Commerce Acquires Precision Payments to Expand SME Payment Solutions

Acquisition Announcement: US fintech Celero Commerce has acquired...

Trust Payments Appoints Laurence Booth as New CEO to Drive Growth

Trust Payments, a leading London-based paytech company, has...

NatWest Partners with NCR Atleos to Modernize 5,500 ATMs

NatWest Group has expanded its collaboration with NCR...

Gate City Bank Partners with Alkami for Enhanced Digital Banking Solutions

Gate City Bank Embraces Alkami's Technology: North Dakota-based...

UK Government Unveils Strategy to Boost Financial Services Growth and Innovation

Driving Competitiveness in Finance: The new Labour government,...
Exit mobile version