SAO PAULO--(BUSINESS WIRE)--New Access, leading provider of Front-to-Back software solution dedicated to the private banking and wealth management industries, has signed with Mercado de Valores de Costa Rica a partnership for its Front-Office solutions including the Portfolio and Order Management System: EQUALIZER® III as well as the e-Banking platform.
Mercado de Valores de Costa Rica is a specialized private financial
group, which since 1976 provides advice and brokerage, with high
standards of service.
Mercado de Valores de Costa Rica has chosen
to trust New Access for its ability to provide a comprehensive
Front-Office solution. The company decided to implement New Access’
Portfolio Management System (PMS) EQUALIZER® III to analyse their
client’s portfolios and help them implement the most appropriate
investment strategy while providing high quality reporting to customers.
“We needed to have a strong analytical and transactional (Order
Management) Portfolio Management System, this is the backbone of our
business. New Access brings with them the knowledge of the industry to
help us implement a totally agile and scalable tool putting us again in
a leading position in the Costa Rican market and giving us better
confidence to start international expansion,” says Eddy Arguedas Chief
Operations Officer at Mercado de Valores.
Besides this, Mercado de
Valores will be using New Access’ e-Banking platform, which will be
accessible to their clients through internet browsers or mobile
applications.
“New Access will support us in our Digital Transformation as our objective is to provide our clients with an enhanced user experience. New Access makes this possible thanks to their highly innovative and user friendly e-Banking interface” complements Eddy Arguedas.
“This agreement opens the door of Costa Rica making this partnership the shop window of a combined effort with a key player in the market,” says Jean-Michel Guillot Head of Business Development Latin America at New Access.
About New Access
New Access
provides agile and scalable Front-to-Back software solutions dedicated
to meet the specific requirements of the private banking and wealth
management industries evolving in a complex and changing regulatory
environment; helping bankers to connect conveniently and efficiently
with their clients thanks to new digital channels. Our offer covers the
full client relationship lifecycle from account opening, through client
data and document management to the management of their portfolios
including: Onboarding and Client Relationship Management (CRM)
with BRANCH®, secure Electronic Document Management (EDMS) with LOGICAL
ACCESS®, Portfolio and Order Management (PMS/OMS) with EQUALIZER®
III, e-Banking, Client Data Management with CIM and
a comprehensive Core Banking solution with APSYS. New Access’
Front-End solution BANKER’s FRONT integrates in one 360° view all
information linked to the client including: onboarding process,
documents, portfolio and client data.
With headquarters in
Switzerland, New Access has offices in Brazil and Panama in Latin
America and has already installed its solutions in over 180 sites in 20
countries.
About Mercado de Valores de Costa Rica
Mercado
De Valores reach its clients through two companies: Mercado de Valores
de Costa Rica Puesto de Bolsa S.A. and Multifondos SFI. Investment Funds
Society. Stock Market Puesto de Bolsa S.A. entered into operations in
1976 year of the creation of the National Stock Exchange (BNV), of which
they are a founding member. Multifondos SFI S.A. was established 20
years later. Both companies were formally registered as Grupo Financiero
in January 2001.
As part of their structure they have consolidated
a department specialized in the analysis and monitoring of international
economic trends, which allows them to take an active part in the
negotiation of fixed income, variable and structured products of the
main exchanges in the world.
