Holistic Investment Advice by Bank Austria Private Banking
Bank Austria is a modern and dynamic universal bank offering its customers access to international financial markets. Since 2005, the bank has been a member of UniCredit, one of the largest European banking groups, and has one of the strongest capital bases among the large banks in Austria. It maintains an extensive network in Austria, with about 7.300 employees serving customers in some 280 branches.
Goals and incremental Improvements
Starting in 2010 as an investment advisory solution for Bank Austria’s Private Banking that ergonomically enables Relationship Managers to allocate client portfoliosaccording to the model allocations provided by the bank’s investment experts, Portfolio Quality Analysis (PQA)has become the unique tool for any investment advice in Bank Austria’s Private Banking.
PQA/Portfolio Quality Analysis provides a comprehensive, detailed and clear update on the value of client assets and proposes improvements on diversification.
Analysis and Answers
PQA/Portfolio Quality Analysis focuses
asset classes, such as liquid assets, bonds, equities and alternative investments
the portfolio risk profile
key details such as regions and business sectors, and
PQA/Portfolio Quality Analysis highlights
the gap between current investments and the recommended portfolio structure
risk concentrations and other significant risk factors.
PQA/Portfolio Quality Analysis provides
a detailed investment proposal designed to optimize diversification and
a comprehensive list of buy and sell transactions to match the client portfolio to the investment proposal.
Effects and Results
PQA/Portfolio Quality Analysis ensures
the availability of UniCredit‘s research and asset management competence at the point of sale, and
MiFID compliance of all investment proposals
PQA/Portfolio Quality Analysis reduces
operational risk within investment advisory
the complexity of providing a holistic investment advice down to a few clicks, and the
time advisors spend on generating proposals, leaving them more time to build relations with their clients.
PQA/Portfolio Quality Analysis increases
the turnover rate in Bank Austria’s investment advisory service
the amount of 3rd party assets acquired from other banks
client satisfaction by providing a holistic investment advice
advisor satisfaction by providing effective support in meeting their goals.