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IPBS Unveils Updated e-Banking Module

BBR Staff Writer Published 04 February 2010

International Private Banking Systems (IPBS), a provider of wealth management software for the private banking sector, has launched an updated e-Banking module.

The new e-Banking software supports a range of transaction types and features fully revised comprehensive online reporting. The introduction of templates which may be stored for different types of transaction cuts down the time required to perform similar transactions in the future.

The e-Banking module includes support for payments in SWIFT ready formats, foreign exchange, deposits and securities trades. Security features have also been upgraded, with the addition of a virtual keyboard for use during the sign-on process which prevents key-click tracking of passwords. The e-Banking module allows relationship managers or end-user clients to log in securely and remotely to access reports for designated entities.

With the updated module users can have instant visibility and control over their portfolios and may access a range of reports which may be downloaded to external applications such as Excel for further analysis.

Bruce Raine, founder and president of IPBS, said: “The e-Banking module enables our customers to offer their end-clients a more functionally rich online banking platform that supports a wider range of transaction capabilities.

“We have used the latest web-based technologies to ensure the e-Banking module delivers greater user access and convenience combined with improved flexibility. It forms part of the modular and integrated IPBS private banking and wealth management system, which enables all relevant accounts and journals to be updated once a transaction has been executed, thus increasing STP and minimising operational risk.”