Provider of wealth management software for the private banking sector International Private Banking Systems (IPBS) has launched an enhanced e-Banking module.

The software includes enhanced banking and investment facilities that ensure secure online access to data. The new platform supports a wider range of transaction types as well as an online reporting feature.

Transactions may be entered by users and held for review and authorisation under the ‘four eyes’ principle for increased security. All orders are automatically interfaced to the back office systems for updating, with additional user alerts triggered to ensure orders are acted on. This minimises manual intervention and increases straight-through processing (STP). Orders may also be confirmed via email to one or more parties.

IPBS has also modified the reporting functionality of its e-banking portal. Users gain instant visibility and control over their portfolios and may access a range of reports which may be downloaded to external applications such as Excel for further analysis.

Security features have also been upgraded, with the addition of a virtual keyboard for use during the sign-on process which prevents key-click tracking of passwords. The e-Banking module allows relationship managers or end-user clients to log in securely and remotely to access reports for designated entities.