“Revolutionizing Wealth Management: Kiatnakin Phatra Securities Partners with Temenos for Service Advancement”

Kiatnakin Phatra Securities Plc. selects Temenos to advance its service platform.

Kiatnakin Phatra Securities Plc. has announced its partnership with Temenos, a leading banking software provider, to advance its service platform. With this partnership, Kiatnakin Phatra Securities aims to digitize more operational elements, improve sales efficiency, and broaden the range of products.

Enhanced front-office capabilities.

The front-office capabilities of Temenos Wealth will enable Kiatnakin Phatra Securities to digitize more operational elements, broaden the range of products, and increase the sales efficiency of its front office. This will drive better outcomes for its customers while also streamlining its internal processes.

A world-class portfolio management system.

Temenos Wealth offers a portfolio management system that has been specifically developed for advisors and portfolio managers. It comes with sophisticated functionality across profiling, modeling, performance reporting, risk, and compliance. These capabilities will enable Kiatnakin Phatra Securities to better serve its customers looking to invest in wealth management.

Engaging Temenos Delivery Partner, Syncordis.

Kiatnakin Phatra Securities has engaged Temenos delivery partner, Syncordis to lead the transformation project. Syncordis is building a Temenos Wealth Center of Excellence that offers bespoke training services for internal teams and customers of Temenos in Thailand. This will enable Kiatnakin Phatra Securities to leverage their new platform better and enhance their expertise to provide better services to their clients.

Underlying growth strategy.

This platform advancement underpins Kiatnakin Phatra Financial Group’s growth strategy and ambition to be the leading provider of wealth management services in Thailand. With the adoption of Temenos Wealth, Kiatnakin Phatra Securities will be better equipped to differentiate themselves and grow in a highly competitive market.

Temenos Excited to Power Future Growth.

Temenos is delighted to have been selected by Kiatnakin Phatra Securities as the wealth management platform to power their future growth. The partnership with Kiatnakin Phatra Securities represents a significant step in Temenos’ ambition to be the global leader in wealth management software.

Syncordis’ Managing Director comments.

Muraleetharan, Managing Director of Syncordis, an LTIMindtree company, added, “We are delighted to partner with Kiatnakin Phatra Securities to undertake this significant wealth transformation program and implement Temenos’ market-leading wealth management platform. Our expertise in operating in Southeast Asia, coupled with our deep experience in implementing Temenos solutions, will ensure a successful transformation for Kiatnakin Phatra Securities.”

Consolidating front office architecture.

With this platform, Kiatnakin Phatra Securities will be able to consolidate their wealth front office architecture to support more streamlined processes and improve sales efficiency across their entire investment product line. This will enable them to better serve their customers and deliver value across the board.

Continued differentiation in a competitive market.

Craig Bennett, Managing Director of Asia Pacific at Temenos, added, “Temenos, Syncordis, and Kiatnakin Phatra Securities worked very closely to steer this initiative that will help the company continue to differentiate and grow in a highly competitive market.” By adopting Temenos Wealth, Kiatnakin Phatra Securities will not only differentiate themselves but also improve their ability to serve their customers and bring more value to their offerings. With this software, they are well positioned for continued growth and success.

In conclusion, Kiatnakin Phatra Securities’ partnership with Temenos is a significant step in their growth strategy. By digitizing operational elements and streamlining internal processes, they will be better equipped to serve their customers and lead the wealth management industry in Thailand.

Explore more

Mastering Make to Stock: Boosting Inventory with Business Central

In today’s competitive manufacturing sector, effective inventory management is crucial for ensuring seamless production and meeting customer demands. The Make to Stock (MTS) strategy stands out by allowing businesses to produce goods based on forecasts, thereby maintaining a steady supply ready for potential orders. Microsoft Dynamics 365 Business Central emerges as a vital tool, offering comprehensive ERP solutions that aid

Spring Cleaning: Are Your Payroll and Performance Aligned?

As the second quarter of the year begins, businesses face the pivotal task of evaluating workforce performance and ensuring financial resources are optimally allocated. Organizations often discover that the efficiency and productivity of their human capital directly impact overall business performance. With spring serving as a natural time of renewal, many companies choose this period to reassess employee contributions and

Are BNPL Loans a Boon or Bane for Grocery Shoppers?

Recent economic trends suggest that Buy Now, Pay Later (BNPL) loans are gaining traction among American consumers, primarily for grocery purchases. As inflation continues to climb and interest rates remain high, many turn to these loans to ease the financial burden of daily expenses. BNPL services provide the flexibility of installment payments without interest, yet they pose financial risks if

Future-Proof CX: Leveraging AI for Customer Loyalty

In a landscape where customer experience has emerged as a significant determinant of business success, the ability of companies to adapt and enhance these experiences is crucial. Modern research highlights that a staggering 70% of customers state their brand loyalty hinges on the quality of experiences they anticipate receiving. This underscores the need for businesses to transcend mere transactional interactions

Are Bribery Allegations Rocking Microsoft Data Center Project?

The UK’s Serious Fraud Office (SFO) has launched an investigation into an alleged international bribery case. The case involves a UK-based company, Blu-3, and former associates of the Mace Group. It is linked to the construction of a Microsoft data center situated in the Netherlands. According to the allegations, Blu-3 paid over £3 million in bribes to former associates of