LGT in Liechtenstein taps Finastra for instant payments
Finastra says the move will enable LGT to meet the EU instant payments regulatory timeline.
Finastra says the move will enable LGT to meet the EU instant payments regulatory timeline.
Austrian deal means all LGT’s main markets share this core system now.
LGT is owned by the suave-sounding Princely House of Liechtenstein.
Liechtenstein’s private bank and asset manager LGT is working on a regtech project with Wolters Kluwer. LGT is implementing the vendor’s OneSumX platform for the regulatory reporting and risk management of its Asian operations – in Singapore and Hong Kong.
Following an unsuccessful attempt to implement Third Financial’s Tercero platform and the subsequent market search, LGT Vestra has decided to keep its incumbent solution, JHC Systems’ Figaro. Figaro will continue to support front, middle and back office operations of the UK and Jersey-based wealth manager. The company was known as Vestra Wealth until recently. In […]
Private banking software vendor Avaloq is to gain two sites in Austria for its flagship core banking system, Avaloq Banking Suite. These are at the Austrian operations of LGT and Liechtensteinische Landesbank (LLB). Both banking groups originate from Liechtenstein and both are long-standing users of Avaloq Banking Suite at home and Switzerland. LGT also runs […]