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IRESS delivers integrated technology solution to KENANGA

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Harmeet
New Update

KUALA LUMPUR, MALAYSIA: IRESS, a leading international supplier of capital markets, wealth and mortgage management systems, announced that it had successfully delivered an integrated technology solution for Kenanga Investment Bank Berhad's Wealth Management division. This integration supports KIBB in their implementation of KENWRAP, their next generation wealth management platform.

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The technology platform solutions provided to KIBB's Wealth Management division comprises of IRESS' extensive advice platform and IRESS Portfolio System. It meets a key requirement of KIBB which is to synthesise various product classes into multiple functions including client engagement, workflow automation, financial planning tools and document management. This will help enhance servicing levels and support efficiency in managing a client's financial needs.

Jason Hoang, IRESS MD, Asia, commented: "Through Kenanga, IRESS was able to a true understanding of the unique needs of the financial services business in Malaysia and provide relevant expertise and technological solutions. Providing not only the right solution, but also the sort of working partnership to inspire confidence in KIBB that their requirements would be met was vital to this project.

"This integration will provide KIBB with the necessary tools to fully support and manage their clients in the evolving regulatory landscape."