FinIQ Consulting Pte Ltd has implemented its FinIQ System at United Overseas Bank Limited, Singapore (UOB). The system is being used by the Bank to streamline and more efficiently manage its dual currency deposit business. In particular, the FinIQ System integrates the entire life cycle of the Banks dual currency deposit processes, including volatility surface updates, real-time pricing analytics, transaction capture, exception management, expiry and maturity management, and confirmation and deposit slip generation. The System is also connected in real-time to UOBs main treasury system. (PRWEB) January 14 2004--FinIQ Consulting Pte Ltd has implemented its FinIQ System at United Overseas Bank Limited, Singapore (UOB). The system is being used by the Bank to streamline and more efficiently manage its dual currency deposit business. In particular, the FinIQ System integrates the entire life cycle of the Banks dual currency deposit processes, including volatility surface updates, real-time pricing analytics, transaction capture, exception management, expiry and maturity management, and confirmation and deposit slip generation. The System is also connected in real-time to UOBs main treasury system.About FinIQ FinIQ offers specialized wealth management technology solutions for the management of option linked structured deposits. The FinIQ System enables banks to increase their pricing efficiency, lower per transaction processing costs, minimize exceptions and potentially grow their structured deposits business.For more information, please email us at About United Overseas Bank United Overseas Bank (UOB) is the second largest local bank in Singapore, providing a wide range of financial services through its global network of more than 245 branches, offices and subsidiaries in 18 countries and territories in the Asia-Pacific region, Western Europe and North America.UOBs mission is to be a premier bank in the Asia-Pacific region, committed to providing quality products and excellent customer service. The Bank is rated among the worlds top banks by Moodys Investors Service, receiving B+ for Bank Financial Strength, and Aa2 and Prime-1 for long-term and short-term deposits respectively.For more information, visit UOBs website at www.uobgroup.com
