Unicredit Bank Romania implemented the Monolith system for trading domestic and international investment funds, and to support Private banking client services. The project also saw the implementation of the so-called Investment Plan product, which was subsequently voted Investment Product of the Year in Romania in 2015.
The implementation of Monolith led to a high degree of automation in front- and back office processes, which, besides improving the quality of client services, enabled the increased number of deals to be processed efficiently. During the project, which took near on one year, the Monolith system was integrated with 10 applications.
Some 9,000 clients and 21,500 deals were migrated. Close to 200 Unicredit Bank branches currently operate the system in Romania supporting 1,500 users.