Kiatnakin Phatra Securities taps Temenos for wealth management tech
Thailand-based wealth management firm Kiatnakin Phatra Securities has chosen Temenos and its Temenos Wealth solution to upgrade its platform and further digitise its operations.
Kiatnakin Phatra Securities taps Temenos for wealth management tech
Temenos Wealth offers a portfolio management system for advisors and portfolio managers with profiling, modelling, performance reporting and risk and compliance functionalities.
Utilising Temenos Wealth, Kiatnakin Phatra Securities will look to widen its range of product offerings and increase efficiency of front-office sales in order to enhance its customer experience and attract more clients.
The transformation project will be led by Syncordis, a Temenos delivery partner who will be engaging with Kiatnakin Phatra Securities.
Narit Kosalathip, managing director of Kiatnakin Phatra Securities, says Temenos was selected after “extensive assessment”, adding the partnership underlines the firm’s growth strategy and will help “drive operational efficiencies”.
Muraleetharan, managing director and chief business officer – Asia-Pacific at Syncordis, says the Swiss vendor’s tech will allow Kiatnakin Phatra Securities “to consolidate their wealth front office architecture to support more streamlined processes and improve the sales efficiency across their entire investment product line”.
