More NewsDresdner Kleinwort Signs with Temenos for Cash Management and Payment System

Dresdner Kleinwort Signs with Temenos for Cash Management and Payment System

Dresdner Kleinwort has selected Temenos’s modular core banking system to support 16 subsidiaries and branches across Europe, Asia Pacific and the US. Dresdner Kleinwort, headquartered in London and Frankfurt, is the investment banking division of Dresdner Bank. The bank was looking for a more scaleable and efficient banking system that could help it to meet upcoming SEPA requirements as well as extend its global banking business line’s leading position in corporate cash management. Pascal Emile, global CIO, Dresdner Kleinwort, says: “In addition to changes in customer requirements, we expect to see a significantly increased business volume in corporate cash products as a result of SEPA. We needed a platform that could help us to meet these challenges while providing a single centralised system across our branch network.”

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