The Private Banking industry is extremely important for the rest of the retail/commercial banking sector, due to high recurrent revenue streams generated through commissions, low capital and reserve usage and reduced credit risk.

Comparing it with more developed/mature areas, the private banking sector shows higher growth potential and many financial institutions (both national and foreign) are trying to position themselves in this market.

Moreover, the model used with private banking clients is also applicable to clients who may be positioned on the lower parts of the customer segmentation pyramid.

Private banks need to continuously innovate with the objective of meeting the demanding requests from their clients, customising their services and creating new products. They need to understand the financial requirements of their clients with a global yet interpersonal outlook.

The productivity of the advisory services network needs to grow; increasing both the client base and the volume of assets managed by the advisor. Therefore, the technology used to help the management process will have major strategic importance.

Strategic analysis in the launch of new advisory services (analysis and client segmentation, offices, workflows)

Integration and development of advisory solutions

Implementation of Front/Middle/Back Office market tools

	Financial Advisory workstations
	Cashflow Balance
	Financial planning
	Quantitative analysis
	Asset Management
	Order Management
	Tax Simulator
	Reports Generator

Market Research (Organisational and System Benchmarking)

Redesign> of operational processes

Compliance with Investment regulations and standards