Summary: The Basler Kantonalbank (BKB), bank of the Swiss canton Basel City, was looking for an output management solution that would enable them to provide their subsidiary company Bank Coop with one overview of all assets. The solution had to feature fast data processing, easy handling, and trouble-free integration. As the bank of the canton, the BKB is obliged by law to contribute to the performance of the economic and social duties of the canton. Among others, the organization’s tasks include satisfaction of the monetary and loan needs of the individual inhabitants and local industry.
Background: In the past, they generated single statements of securities that contained information on bonds and loans, shares, options, shares in a fund, derivatives, and more, in the different dealing currencies for their internal and external clients/customers. “The single statements of securities were unable to present a complete financial overview, and were therefore not very customerfriendly,” said Beat Egloff, Product Manager of IT with BKB. “Moreover, the statement of securitiesinformation content, size, and display were frequently points of criticism, and they did not meet the standard that is now required in the area of affluent banking. Keep reading
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