The back to front-office system, called Triple A Plus, is a solution specifically for private wealth management.

Andreas Leonhardt, chief financial officer at the German bank, said that the bank needed a new portfolio management solution to meet increased client demand for information. He also said that the bank is looking to launch a new online banking based on the system.

Separately, Temenos recently said its adjusted earnings before interest and taxation stood at $6.3 million for the first three months of 2012, 26 per cent up from the same quarter last year.