CLIENT CASEROBECO

THE BACK END

Robeco wanted to replace most of the core systems for their direct channel in the Netherlands. Robeco has chosen Ohpen’s fully integrated and automated platform, choosing for renewal and innovation. Ohpen takes care of the accounts and savings-administration and the execution of orders for mutual funds on the Dutch retail platform of Robeco.

40%

COST REDUCTION

Name: Robeco

Location head office: Rotterdam, The Netherlands

Sector: International Asset Management

Founded: 1929

Number of customers: 220.000

THE CASE

  • Large international asset manager
  • The project involved replacing the entire back office application and hosting for the Dutch retail operations
  • Transfer of all retail clients in the direct channel in the Netherlands
  • Outsourcing service agreement of the entire securities and savings-account administration for all clients of Robeco Direct

THE RESULTS

  • Contributed to the 40% cost reduction
  • Significant lower cost base for IT and Operations
  • Implementing changes has become more straightforward and it is easier to pass on investment transactions