Amsterdam-based Kas Bank is to use technology provided by 4Sight Financial Software to enable it to manage the full securities trading lifecycle electronically, complete with improvements in efficiency and customer service.
The software was also chosen in keeping with Kas Bank’s philosophy of delivering real added value to its clients through the use of the most advanced and robust technology systems available.
Roel de Groot, head of treasury of Kas Banksaid, Kas Bank identified the potential benefits and cost savings that a vendor solution for securities finance could bring to its lending operations and decided that a system at the cutting edge of technology was required. The combination of advanced software functionality, technical expertise and in depth knowledge of securities finance made 4sight a natural choice for the project.
Judith McKelvey, global sales director, 4sight financial software said, The software will provide KAS BANK with a reliable, state of the art system that assists decision making, reduces risk, and helps KAS BANK deliver real added value to its clients through an expansion in trading opportunities.