Binck Professional Services (BPS) and eXimius join forces in offering a portfolio management service to independent asset advisors, private and retail banks. The eXimius business solution will be connected in real-time to the BPS platform offering straight through processing (STP) front to back. This new state of the art platform will be attractive for asset advisors, especially in the high affluent and high net worth individuals segments.
By connecting this new decision support module to the BPS platform, it will enable BinckBank to provide a hosted full service solution for individual asset advisors in the areas of IT-management, operations, system maintenance and interfacing of corresponding banking systems. As a result individual asset advisors can manage more efficiently their business processes and better manage their clients and associated risks. This new BPO-service is expected to become available mid 2013.
Joost Walgemoed, Managing Director Professional Services:
"As a spin of this joint effort both individual asset advisors and private banks will get a state of the art portfolio management platform at relatively low cost. Our customers will benefit from the extended functionalities with regard to portfolio management tools, CRM, compliance and reporting facilities."
Peter Schramme, CEO eXimius
"We are extremely excited to team up with BinckBank, helping them to offer this next generation platform for independent advisors and large financial institutions. These firms are asking for better performance analysis within acceptable risk levels, driven by increased regulation and market volatility. This combination of BinckBank and eXimius offers a unique, fully integrated best in class solution."
About BinckBank N.V.
BinckBank is an online bank for investors, ranked in the top five in Europe. As an online broker, it offers its clients fast, low-cost access to all the important financial markets around the world. As an online bank for investors, BinckBank helps its clients look after their capital with BinckBank's online asset management services and online savings. BinckBank offers its professional clients fast, low-cost order execution and administrative processing of securities and cash transactions, in the form of insourcing (client BPO) or licensing of the appropriate software.
BinckBank Professional Services provides services to professional customers such as asset managers, banks and insurers. BinckBank Professional Services supplies an online product that carries out both the processing of securities and cash transactions and the complete securities related administrative process for these customers so they can focus fully on their core activities. The services are completely white-label and can be tailor-made to match the customer's requirements. BinckBank offers these services to professionals in both the Netherlands and Belgium.
BinckBank is an independent online bank for investors, which is listed on Euronext Amsterdam. We have offices in the Netherlands, Belgium, France, Italy, and Spain. BinckBank has 611 FTEs at end of 2011. Our operations are split into two business units: Retail and Professional Services. BinckBank was formed in 2000 and has now more than 630,000 account holders.
For more information about BinckBank Professional Services, please visit: www.binckprof.nl
About eXimius N.V.
eXimius N.V is a leading software solution company focused on solutions for the Private Client Investment Management Marketplace. The company offers private banks and independent wealth management companies a wide range of customer specific business solutions for investment management. eXimius combines financial know-how with technology expertise providing Private, Public SaaS and Managed On-Premise scaleable solutions from front and mid-office. The solutions cover functionality including Portfolio management, CRM, Performance and Risk Analysis, Client Reporting, Modelling, Rebalancing and Order Management. eXimius enables clients to adapt rapidly within changing business conditions and generate a significant competitive advantage over their competition. eXimius N.V was started in 2001 and has clients in Belgium, Netherlands, Luxembourg, France, UK, Canada, Russia and South Africa.
Public Relations BinckBank:
Harmen van der Schoor
t: +31 (0)20 522 03 78
e: hvdschoor@binck.nl
Investor Relations:
Nelleke Nederlof
t: +31 (0)20 522 03 72
e: nnederlof@binck.nl
www.binck.com
Public Relations eXimius:
David Wilson
