We are very pleased to communicate our cooperation with CSL Corporate Services Ltd. (www.csl.li) – another milestone in the development history of ONE PM AG.
Having already published our collaboration with well-known asset managers (e.g. INVESTAS AG), we are very pleased to now have CSL as our first major customer in the field of service providers. CSL will use the services of ONE PM especially in the areas of bank interface management, consolidation as well as reconciliation and refinement of financial data in their solutions, whereby CSL can strongly increase its digitization and automation.
The cooperation, however, goes far beyond a normal customer relationship: through this cooperation, synergies in back-office processes can be exploited and ONE PM customers can simultaneously benefit from selected services from the CSL solution portfolio, such as the possibility of electronic bank statement archiving solutions.
Both companies look forward to increasing operational process efficiency and strengthening their complementary product portfolios through this partnership.
«We have chosen ONE PM AG because we want to offer a powerful software solution that not only allows for increased scalability and a flexible data model, but also meets our highest security requirements.»
Increased efficiency and use of synergies – thanks to complementary products, solutions and capabilities
In this strategic partnership – ONE PM focuses on digital portfolio and asset management solutions, CSL specializes in overall application solutions for financial service providers – ONE PM benefits from CSL’s expertise and network as part of the First Advisory Group.
A solid basis for the cooperation is created by the necessary infrastructure. In addition to ONE PM’s more than 50 active bank relationships, another 20 banks will be added in the coming months. For CSL, the integration of the ONE PM services represents a major step forward in process automation, whereby ONE PM’s modern way of service provision (cloud-based, API-oriented) and proven data management capabilities (message processing & interpretation, data aggregation & cleaning) enhances the implementation.
As a further element of the strategic partnership, Giulio Rosamilia, representative of CSL and member of the First Advisory Group, will also become member of the board of directors of ONE PM, taking over the position of Florian Gutzwiller, who resigned from the board.
«Competence, stability and many years of experience meet innovation and a modern understanding of technology – this is a simplified description of the cooperation. Two companies that offer related services, but with very different backgrounds. This is precisely what makes the cooperation so attractive: both companies can significantly strengthen their offering thanks to the support of the new partner.»
See also: Press release [German version only]
About Corporate Services Ltd., Vaduz (FL): CSL Corporate Services Ltd. was founded in 2012 as a provider of IT solutions for financial companies and supports its customers, among other things, in the consolidation and digitization of service processes. The comprehensive know-how of 45 employees and the market proximity of the parent company First Advisory Group ensure that solutions for regulatory requirements (CRS, FATCA, MiFID, MiFIR, etc.) are implemented promptly.
More information: On CSL’s website [Currently only in German]