Technology

Germany's DAB Bank Extends Odyssey Platform

Tom Burroughes Deputy Editor London 30 May 2008

Germany's DAB Bank Extends Odyssey Platform

Odyssey Financial Technologies has signed a deal with Germany’s DAB bank in which the firm will move its existing Triple-A Plus platform to a web-based system. 

The move will enable the bank to increase the number of users significantly, Odyssey said.

The Triple A Plus platform will provide DAB-related independent financial advisors with full front-office support for their advisory and portfolio management process and business requirements. It will also include a fully integrated order management workflow with extensive pre-trade compliance validation.

DAB bank is the biggest discount broker in Germany in terms of assets under management and third biggest in terms of number of clients. It serves private and professional clients.

Odyssey, which was founded in Luxembourg, provides data management and other services to the wealth management industry.

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