Press Releases
 
Land Bank of the Philippines Rolls Out Custody Operations Through a Single Unified System

MAKATI, Philippines, 25 August 2016 -- /PRNewswire/ -- Miles Software, a technology specialist in the wealth, asset management, trust and custody space, today announced that Land Bank of the Philippines, one of the top 5 banks in the Philippines, has gone live with Money Ware Custody Solution.

Land Bank of the Philippines launched its custody operations in the country recently. This license has enabled the bank to establish a fully-equipped custodian service, offering tailored services for a wide spectrum of financial activities with a comprehensive suite of products, services and tools.

Ms. Josephine G. Cervero, Senior Vice President and Trust Officer, Land Bank of Philippines - Trust Banking Group (LANDBANK -TBG) adds, "Being one of the top five banks in the country, it is extremely important to cater to our customer experience by providing a unique value proposition. We required a solution that is robust, scalable, flexible and future-ready architecture as well as powerful functionalities such as safekeeping and reporting of all transactions to clients and their end customers. It is indeed a milestone for LANDBANK - TBG to be accredited by the Bangko Sentral ng Pilipinas to offer 3rd party security custody and registry services. LANDBANK -TBG aims to support regulatory requirements for capital development through the custody of marketable or tradable securities.

"The changing regulatory framework and the complex custody business framework requires the bank to meet global standards. MoneyWare Custody is a proven solution with high scalability and flexibility. We are sure with this deployment, the bank is well poised to leverage its existing investments in technology," said Milan Ganatra, CEO Miles Software.

About Land Bank of the Philippines:

Landbank of the Philippines is a government financial institution with a nationwide network of 362 branches and 1,568 ATMs as on 30 June, 2016. It also ranks among the top five commercial banks in the country in terms of deposits, assets, loans and capital.

Land Bank of Philippines, - Trust Banking Group has been in the trust services business since February 18, 1975, in line with the banks social mandate of promoting countryside development and provide support services in financial transactions for capital formation and development. Equipped with its experience and expertise, balanced with prudence, diligence and top management support, LANDBANK - TBG continuous to provide effective portfolio management and prompt delivery of services to its clients.

About Miles Software

Miles Software is a global technology solutions leader in the Wealth, Asset, Trust and Portfolio Management space. The company is ranked No.1 in the prestigious IBS Sales League table 2016, a flagship rating barometer of IBS intelligence. Miles Software enables more than 300 financial services clients across 17 countries to stay ahead of the innovation curve.

Building on more than 17 years of experience, Miles Software is a techno business partner delivering excellence and value to financial services globally. Today, Miles has a market leadership in the Private Banking space and its' flagship product MoneyWare® covers the complete life cycle of the Private Banking business including CRM, Portfolio Management, Risk Management, Revenue Management, Mobility and Client Portal. Miles also has a very strong capability in Custody, Collateral base Lending, Fund Compliance, Portfolio Risk and Performance Management.

http://www.milessoft.com

Contact
Ms. Nithya K Mahesh
VP - Marketing, Channels & Alliances
+91-8879239476


Logo - http://photos.prnewswire.com/prnh/20160405/351747LOGO

Source: Miles Software Solutions
Related Links:
http://www.milessoft.com

# # #


Submitted by PR Newswire Asia, Xinhua PR Newswire on Thursday, 25 August 2016 at 3:52 PM
Category: Business
 
Related News

There are no related press releases in this category.

Related Events

There are no related events in this category.

Latest News

Land Bank of the Philippines Rolls Out Custody Operations Through a Single Unified System
Thursday, 25 Aug 2016

To Travel Easier By Riding Airwheel S5 Intelligent Personal Transportation Electric Scooter
Thursday, 25 Aug 2016

To Travel Easier By Riding Airwheel S5 Intelligent Personal Transportation Electric Scooter
Thursday, 25 Aug 2016

Reasons To Hire The Services Of An Event Management Company
Thursday, 25 Aug 2016

Cyber Security for the Manufacturing Industry
Thursday, 25 Aug 2016

 
Want to get your press releases, event listings, and job ads on Scoopasia? Register now for a FREE account or login if you already have one!
Scoopasia v1.0b. Copyright © 2016
Today is Thursday, 25 August 2016

About Scoopasia | FAQ | Privacy Policy | Contact Us

Press Releases
Event Listings
Job Listings
Arts & Entertainment
Architecture & Construction
Automotive & Travel
Business
Consumer Technology
Economy
Education
Enterprise Technology
Food & Fashion
Government & Policy
Health Care & Medical
Legal/Law
News & Media
Religion
Science & Research
Sports & Fitness
Login / Register
Get Scoopasia through RSS Feeds & Email Notifications!


Journalist's Toolbox
Hello journalist, welcome to Scoopasia--a powerful online resource for media information in Asia. Scoopasia has press releases and media events for every beat and industry. All content on Scoopasia is 100% FREE. You don't even need to login!

  • Scoop Line
    (Instant Information Request)
    The easiest way to ask questions and request information from the PR community.


  • Advanced Search
    Drill down, dig deep, for media information the way you want it.

  • Journalist's Resources
    Resources and tools you can't do without.

  • PR Tools
    Scoopasia Blog Search
    Search the largest handpicked collection of Asia's most prominent and influential blogs.


    Resources
  • PR Bookmarks
  • Web 2.0 Bookmarks
  • Media Bookmarks

    More Coming Soon...

  • Upcoming Events
  • 8th International Conference on Antimicrobial Agents in Veterinary Medicine
  • Intersolar South America Exhibition and Conference
  • Community Infrastructure and Services
  • Strategic Asset and Facilities Management
  • 5th LatAm Mine Water Conference

  • Latest Jobs
  • London Investment Property
  • We Are Hiring A Content Manager!