Ohpen helps de Volksbank optimize investment experience


24-11-2017

Ohpen’s sophisticated API enables de Volksbank to integrate its new ‘goal based’ investment proposition into its own banking environment.

Amsterdam / Utrecht, November 24, 2017. De Volksbank and Ohpen have successfully completed the migration of over 122,000 investment accounts to Ohpen’s core banking platform.

Using The Ohpen API, de Volksbank has now completely and seamlessly integrated its investment services into its internet banking environments, offering a greatly improved investment experience for its customers.

TECHNOLOGICAL INNOVATION, THE BASIS FOR AN IMPROVED INVESTMENT EXPERIENCE

Ohpen’s sophisticated API enables de Volksbank to integrate its new ‘goal based’ investment proposition into its own banking environment. All investment processes – from the opening and maintenance of an investment account, to order execution and portfolio management – from the different internet banking environments of ASN Bank, BLG Wonen, RegioBank and SNS are managed in Ohpen’s core banking platform.

Alexander Baas, COO de Volksbank

“I am proud of the way my colleagues and Ohpen have worked at de Volksbank to ensure a smooth migration. The migration to Ohpen has further improved usability and enables us to provide a solid investment administration that our customers can continue to rely on,” says Alexander Baas, COO at de Volksbank.

Matthijs Aler, CCO at Ohpen: “We are very proud of our joint performance: investment processes were renewed, integrated and migrated in a very short amount of time. By outsourcing all operational processes, de Volksbank can focus on product innovation and optimal customer service. That’s where the difference is made.

ABOUT DE VOLKSBANK

De Volksbank is a financial services provider engaged in banking, with a particular focus on the Dutch retail market, including small and medium-sized enterprises. De Volksbank carries multiple brands with a single back office and IT organisation. The product range consists of three core product groups: payments, mortgages and savings. De Volksbank has a balance sheet total of € 62 billion and about 3.500 employees (FTE), which makes it a major player in the Dutch market. The head office of De Volksbank is located in Utrecht.

ABOUT OHPEN

Ohpen uses its core banking engine to deliver BPO services and SaaS solutions to financial services providers, such as banks, insurance companies and asset managers. Founded in 2009 by a team of experienced bankers and software engineers, the Ohpen platform supports the savings and investment propositions of its clients. Employing over 130 people, Ohpen has offices in the Netherlands, United Kingdom and Spain. For more information, please refer to www.ohpen.com.