First Win for the OLYMPIC Banking System in Indonesia
Singapore – PT Mandiri Sekuritas has chosen the OLYMPIC Banking System to modernise its IT platform and support its business activities in Jakarta. This new contract further consolidates the OLYMPIC Banking System already impressive international footprint.
PT Mandiri Sekuritas, a subsidiary of Indonesia’s largest banking group Bank Mandiri, is also the leading securities broker in Indonesia. The OLYMPIC Banking System will provide PT Mandiri Sekuritas with comprehensive securities processing facilities, including a high level of automation and straight through processing, which are fully integrated within the system.
Adrian Williamson, Director at ERI Singapore, said:”This new contract is in line with our international development strategy and we feel confident that other financial institutions and banks will want to take advantage of the rich functional coverage and security provided by our banking software package”. (ERI/mc/ps)
About ERI
ERI is an international company specialising in the design, development, distribution and support of the integrated, real-time banking and wealth management software package: OLYMPIC Banking System®. Operating in many of the major financial centres, ERI is present in Geneva, Zurich, Lugano, London, Luxembourg, Singapore, and Paris.
ERI employs in excess of 500 highly qualified staff members with a strong focus on providing comprehensive, quality software, successful system implementations and on-going maintenance and support for clients.
More than 300 banks and financial institutions across over 50 countries in Europe, the Middle East, Africa, the Americas and Asia have already chosen the OLYMPIC Banking System®.
About Mandiri Sekuritas
Mandiri Sekuritas is one of the leading investment banks in Indonesia. Mandiri Sekuritas is a subsidiary of Bank Mandiri. Having commenced its operations on July 31, 2000, Mandiri Sekuritas provides a full range of Securities Underwriting, Corporate Finance, Securities Brokerage (institution, retail and online trading), Research and Investment Management (through a subsidiary Mandiri Investasi) with some innovative products and a proven track record. Mandiri Sekuritas is supported by a first rate research capability (economic, equity and fixed income research), strong operational support, an integrated and up-to-date IT system, and strict & prudent risk management practices.
Mandiri Sekuritas was awarded The Most Active Underwriter, The Best Stock Exchange Member and The Best Marketing Network 2011 (Capital Market Award), Best Investment Bank in Indonesia 2005-2012 (Global Finance), Best Investment Bank in Indonesia 2011 (FinanceAsia), Best Equity House in Indonesia 2011 (Asiamoney), Best Domestic Bond House in Indonesia 2009, 2010, 2011 (The Asset), and #1 Best Local Brokerage House in Indonesia 2010, 2011 (Brokers Poll – Asiamoney).
