Collaboration Betters The World (CBTW), a renowned global provider of tech and business solutions, has unveiled a strategic alliance with Metrobank, a prominent universal bank in the Philippines. This partnership aims to aid Metrobank in revolutionizing its wealth management technology. CBTW will play a pivotal role in augmenting Metrobank's wealth management offerings through the integration of Temenos Wealth.
By adopting Temenos Wealth, Metrobank secures access to the most comprehensive solution currently accessible in the market. Temenos' offering encompasses wealth analytics integrated with responsible AI, digital onboarding features, and self-service functionalities such as robo-advisory services and goal-based planning tools. A critical factor in opting for Temenos' cutting-edge technology platform was its composable API-driven architecture, facilitating scalability and seamless integration with pre-existing third-party applications. This approach aids in minimizing costs and risks while enhancing operational flexibility and responsiveness.
This step solidifies Metrobank's position as the top choice for High Net Worth and Ultra High Net Worth clientele. Renowned for its dynamic and comprehensive approach to wealth management, Metrobank has gained recognition as a leader in the field. Recently honored by Asiamoney as the Best Domestic Private Bank in the Philippines for the second consecutive year in 2023, Metrobank has also been acclaimed as the premier bank for Ultra-High-Net-Worth clients.
The key personnel involved in this collaboration include Ric Pedrosa, Head of Institutional Sales at Metrobank; Bernie Ramos from Metrobank's Information Technology Group; Christine Yang-Castillo representing Metrobank's General Services Group; Fernand Antonio Tansingco, Head of Financial Markets Sector Group at Metrobank; Pieter van Diermen, CEO of CBTW APAC; Eric Mellor, Temenos Wealth Specialist for Asia Pacific, Middle East, and Africa; and Jon May, Leader of CBTW's Banking Technology Solutions Service Line.
Pieter van Diermen, CEO APAC, Collaboration Betters The World – CBTW, said, “With extensive experience in implementing Temenos solutions since 2012, a collaborative ethos, and a highly skilled software engineering team, CBTW is honoured to stand as Metrobank’s preferred partner in driving their digital transformation through the implementation of Temenos Wealth. With a longstanding presence in Manila, Philippines, as well as throughout the APAC region, CBTW is dedicated to delivering exceptional services to bolster Metrobank in their mission to provide an unparalleled banking experience and ensure their customers are in good hands”.
Fernand Antonio Tansingco, Financial Markets Sector Head, Metrobank, said, “We are excited to partner with CBTW and adopt Temenos’ technology to modernize our wealth management capability. As a Bank that prides itself in helping our clients preserve their wealth to build lasting legacies not just for themselves but also for their families, we are always in search for innovative solutions that will allow us to provide a better experience for our clients. With this initiative, we can continue to provide a highly personalized service to our customers”.
Ramki Ramakrishnan, Managing Director – Asia Pacific, Temenos, shared, “We are proud to partner with CBTW to support Metrobank with the digital transformation of their wealth management business. With clients among the largest global financial institutions and boutique firms, Temenos Wealth is the de facto software solution for the private wealth management industry. With proven solutions and a robust presence in the Philippines we are committed to support Metrobank and its future growth”.