PRODUCTS


Ohpen is a ruthlessly effective cloud-based core-banking engine.
It is built for one purpose only: the efficient administration of retail investment and savings accounts.

Reliability. It might not be sexy. But it is what matters. Above all else, reliability is what Ohpen delivers. No disclaimers, no exceptions, no excuses. Because if you can’t count on us, everything else is academic.

With the administration of your retail accounts humming along beautifully on Ohpen, you can adapt your services and front end solutions to ever changing consumer and regulatory demands via the Ohpen API.

No matter how you carve it up, implementing regulation is a drag on your business. We make compliance continuous so you can focus on what
matters: your customers.

Elevator Pitch

Legacy out. Agility in. It is the only way forward for the financial industry and the driving principle behind Ohpen: a ruthlessly effective, cloud-based core banking engine. Built by former bankers to administer retail investment and savings accounts, Ohpen liberates banks from their legacy systems and processes.
100% reliable, 100% adaptable, 100% compliant.

Available as SaaS or BPO, Ohpen is continuously compliant. It frees financial services companies to focus their resources where it matters: customer facing innovation.

Elevator Pitch

Legacy out. Agility in. It is the only way forward for the financial industry and the driving principle behind Ohpen: a ruthlessly effective, cloud-based core banking engine. Built by former bankers to administer retail investment and savings accounts, Ohpen liberates banks from their legacy systems and processes. 100% reliable, 100% adaptable, 100% compliant.

Available as SaaS or BPO, Ohpen is continuously compliant. It frees financial services companies to focus their resources where it matters: customer facing innovation.

The Ohpen Core Banking Engine

Ohpen is a ruthlessly effective cloud-based core-banking engine. It is built for one purpose only: the efficient administration of retail investment and savings accounts.

All modules can be configured to your business needs. Then, connect your front end using the API.

The following modules provide an overview of our product capabilities.

Front End Suite

Ohpen offers a Front End Suite as an additional capability of our SaaS service. We offer our clients the option of integrating our back-end with their existing front-end, or using our custom-designed front-end suite. The front-end suite consists of: a fully responsive customer desktop website, mobile applications, and a content management system. Front-end clients also benefit from the integration with our campaign management, and business intelligence module.

FRONT END SUITE

OHPEN API

MODULES

INVESTMENT ACCOUNTS

The Investment Accounts Module automates the administration of investment accounts. It enables you to use three service models: execution-only fund supermarket, robo advice and discretionary asset management.

SAVINGS ACCOUNTS

The Savings Accounts Module facilitates the administration of both variable interest rate accounts and fixed term deposits, whether they are fiscal wrappers or not.

PAYMENTS

The Payments Module enables you to process contributions and withdrawals safely to and from the savings- and investment accounts. Ohpen supports both commercial banking payments and wholesale banking payments.

ORDER MANAGEMENT

The Order Platform Module is organized to maximize efficiency in order execution based on sophisticated aggregation algorithms, using multiple cut-offs and connections with the relevant transfer agents, exchanges or other trading venues.

PORTFOLIO MANAGEMENT

The Portfolio Management Module handles the configuration of suitability testing and the subsequent management of model portfolios that are linked to individual customer accounts based on risk profiles. Automatic rebalancing takes place based on lifecycling, volatility, fund weightings and many other variables.

AUDIT & RISK MANAGEMENT

The Risk and Audit Module contains all necessary features such as market abuse, unusual transactions, prevention of terrorism financing, anti money laundering and suspicious payments.

REPORTING

The Reporting Module includes numerous standardized and custom reports for all your departmental needs, including: operations, risk, client services, tax, and general reporting.

BACK OFFICE

The Back Office Module provides all business processes including: record keeping, client onboarding, customer due diligence (CDD), real-time calculations, fee structures and calculations and the smart batch scheduler.

CRM

The Customer Relationship Management module improves efficiency to manage clients, leads, accounts, and contact history data. It also provides a visual dashboard to manage the workload of your teams and employees.

"Robeco has been using Ohpen as a back office system for its direct retail channel since 2012. Ohpen’s infrastructure is state-of-the-art and we are very satisfied with the uptime of the system. The combination of strong leadership and very capable employees makes that Ohpen delivers up to its promise. Whenever we need something they respond quickly and adequately.”

Karin van Baardwijk - COO Robeco

OHPEN PROVIDES ROBECO ICT PLATFORM

After thorough and extensive research Robeco has chosen for Ohpen’s fully integrated and automated platform, choosing for renewal and innovation. Ohpen will take care of the accounts and savings administration and the execution of orders for mutual funds of Robeco. Chris Zadeh, CEO Ohpen: “We are very proud that a renowned company like Robeco has chosen to use our platform in order to realise its strategy.”

40%

COST REDUCTION

Name: Robeco
Location head office: Rotterdam, The Netherlands
Sector: International Asset Management
Founded: 1929
Number of customers: 220.000
read the case

Aegon chooses Ohpen Platform to modernise savings and investment administration

Press statement

AMSTERDAM, April 13th 2017 – Aegon is to partner with core banking engine provider Ohpen to develop a new platform for use throughout the full scope of Aegon’s services in the Netherlands. The financial services provider will use the platform for multiple labels, including Knab, for the administration and distribution of its savings-, pension- and investment products. Ohpen’s core banking platform will enable Aegon to offer its products, for which it is a market leader, in a future-proof manner

READ THE FULL PRESS STATEMENT

“It is not only Ohpen’s technology, but Ohpen’s approach that is innovative”

Eric Rutten – CEO Aegon