The bank said that it uses the platform to administer Raiffeisen portfolios in Salzburg, whereas the RVV uses e-AMIS to manage client mandates from Raiffeisen banks in the remaining federal states.
Moreover, with the help e-AMIS periodic- and MiFID- compliant client reporting will be generated and the system will also maintain the Raiffeisen Wealth Management internet portal regularly by supplying comprehensive asset and performance data.
Following the installation of the system, the bank has been able to efficiently manage its entirely automated investment process and will be able to rebalance 3,000 portfolios against model portfolios and pre-trade compliance checks completed within few minutes.
Orders resulting from rebalancing will be transferred to the affiliated banks for execution and the respective execution messages received, said the bank.
e-AMIS deals with the task of incorporating portfolios from all banks in the Rebalancing which are subsequently separately integrated into global market orders.
Additionally, the system provides simultaneous detailed order books to all respective banks.
Profidata Group has over 70 clients in Europe that use the software products XENTIS and e-AMIS.
