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Jamaica-based PWL selects ERI’s OLYMPIC Banking System

Selvin Mothersill, PWL’s Head of Strategy & Innovation

Jamaican wealth management company, PROVEN Wealth Limited (PWL) has selected ERI Bancaire’s OLYMPIC Banking System to assist in its wealth management operations. The collaboration is expected to introduce ERI’s solution and functionalities in Jamaica.

Selvin Mothersill, PWL’s Head of Strategy & Innovation, said: “ERI’s demonstrated focus on R&D provides confidence that the firm is keeping abreast of emerging trends and opportunities for financial technology. This is one of the many reasons that ERI is deemed a suitable business partner in executing our digital transformation strategy.”

According to PWL, ERI’s portfolio and credit management functionalities are expected to assist PWL in client interactions. ERI’s Straight Through Processing (STP) functionality will assist in order management and client-onboarding.

Established in 1989, ERI is an international company specialising in the design, development, distribution and support of the OLYMPIC Banking System– an integrated, real-time core banking and wealth management software package. ERI has offices in Geneva, Zurich, Lugano, London, Luxembourg, Singapore and Paris.

PWL is a wealth management company managing assets on behalf of institutional and high-net-worth clients. PWL is licensed and regulated by the Financial Services Commission (FSC) as a securities dealer, pension fund manager and administrator, by the Bank of Jamaica (BOJ) as a Cambio, and holds a broker/dealer license from the Jamaica Stock Exchange (JSE).

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