Yves Stein, CEO of KBL epb;
European Private Bankers (KBL epb) has successfully migrated activities at its headquarters in Luxembourg to a new IT platform as part of its ongoing digital transformation.
The Pan-European private banking group, which operates in 50 cities in Europe, has recently moved its Luxembourg activities to an advanced IT platform powered by Lombard Odier, which is designed to meet the group’s requirements.
In addition to meeting private client requirements, the platform has a role in supporting the group’s offering for institutional clients and external asset managers, providing them with online consultation and transactional services.
The launch in Luxembourg follows the earlier introduction of the same platform at the group’s French private banking unit and at Banque Puilaetco Dewaay Luxembourg, its wholly owned affiliate in the Grand Duchy.
Moving forward, KBL epb will continue to roll out this platform across its network, including at Puilaetco Dewaay in Belgium and Brown Shipley in the UK, where migration is targeted to take place next year. In the course of 2018, KBL epb will also plan the further introduction of the platform at other group entities.
At a time when the group is advancing its strategy to progressively introduce a common operating model across its footprint, the migration of KBL epb’s activities at its headquarters is a critical achievement, according to Group CEO Yves Stein.
