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Michalis Papyrakis ltd Press Release

Michalis Papyrakis ltd has undertaken and successfully completed the installation work and activating investment platform LIOS in PIRAEUS & BNO SA.

michalis-papyrakis-lltd

The new entity created by the strategic cooperation between Piraeus Bank and BNO TAXI SERVICE in the area of ​​Wealth Management chose to strict procedures the leading system POL / OIK amongst a plethora of established international systems for the integrated management of operations. Dominant selection criterion was the completeness and extensibility of system functionality as well as the State-of-the-Art technology and architecture, showing how the PROFILE is highly competitive at European level.

Our experienced team of Michalis Papyrakis ltd consultants offered complete coverage to the demanding requirements, challenges and strict delivery times and operation of the project, as well as the complete migration of customer data, cash & assets from the existing systems of the two banks. The OIK / TAXI Management responded perfectly to the needs of the new scheme regarding personal investment accounts and corresponding interfaces to banking systems, systems and partners implementing acts, process automation with the Custody and throughout the range of investment products and services of the organization.

The solution OIK / OIOO fully covers front-to-back operations required in Wealth Management and Private Banking and through specialized support tools to provide integrated investment products and services. Guests enjoy a range of personalized services regarding the management of their property and to provide information about this in a context of high security with strict systemic checks under the requirements of MiFID. Through SIO procedures and modern tools, the system serves a wide range of products offered by the new cooperation of banks, facilitating important processes, sales, controlling and risk management while significantly reducing the cost of operation.

Michalis Papyrakis ltd, constantly evolves its solutions to provide maximum returns to its clients to achieve their business goals and is the most reliable partner for existing and future requirements.

Short Profile: Michalis Papyrakis ltd
Michalis Papyrakis ltd currently leading a shape five companies offering integrated and reliable solutions to companies of all sizes. Profile The companies of the Group specialize in specific IT areas. The companies that compose the Group Papyrakis ltd is the Michalis Papyrakis ltd Cyprus which has undertaken the promotion of the parent company’s products and services in Cyprus, Analysis AE which provides integrated IT services in the private and public sectors while ensuring their full technical support, the company BECOM AE which assumes the development of a full corporate presence on the Internet and CMM Company Ltd. which develops the business model of Franchising and has grown into a major network of educational information centers and business seminars in Greece and Cyprus.

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