Newgen Customers in Investment Banking

The bank is amongst the global leaders in Corporate Banking and Securities, Transaction Banking, Asset Management and Private Wealth Management. The bank planned to capitalize on the rapidly growing base of affluent and mass affluent households, as well as small-and medium-sized businesses (SMBs), which represented 75% of the national household income. The Newgen solution enabled the bank to establish a centralized processing center for speedy and accurate processing of retail liabilities and services. The core benefit is derived from the capability of the solution to define, deploy and monitor the processes

The client is the Indian subsidiary of a leading global wealth management firm. The company is one of the world's leading providers of financial planning and advisory services to high net-worth investors. It is represented globally by 8.8 million client accounts, 13000 financial advisors, US $1 trillion in client assets, and 600 offices across 250 cities worldwide. The client services big corporate houses, large profit and non-profit organizations and other institutions.