EXPERTS IN BANKING SOFTWARE

Overview

OTAP SARL is a boutique Banking Consultancy running since 2009. We provide the best independent banking consultants on the market and offer top-quality service in Europe and worldwide.

OTAP SARL is dedicated to banking technology.

Our experience covers private banking, mobile banking, retail banking, and wealth management.

We also have deep expertise in regulatory technology and compliance and banking technology.

Areas Of Expertise

Securities

We have deep expertise in T24 securities module including, securities trading, back office processes, corporate actions and entitlements setup and optimization. We also cover wealth management and custody.

Foreign Exchange

We have excellent knowledge of and foreign exchange in T24 and triple A.

Derivatives

We have setup and implement the derivative module in T24 including interfaces to triple A and other external systems

Money Market And Swaps

We implement T24 money market and swap modules. We work together with banks treasury dealers to ensure that their requirements are delivered.

Loans & Deposit

We can implement the T24 AA, Limit and MM modules. We can also setup new products. We also do risk and tax reporting.

Structured Products

We setup and implement structured products in T24. We ensure the correct booking in client accounts..and that correct account entries are produced.

RegTech

Regulatory technology, also known as a “RegTech” is a new field that utilizes information technology to enhance regulatory processes within the financial services industry. It puts a particular emphasis on regulatory monitoring, reporting and compliance and is thus benefiting the finance industry. The objective of RegTech is to enhance transparency as well as consistency and to standardize regulatory processes, to address regulatory challenges, to deliver sound interpretations of ambiguous regulations and thus to provide higher levels of quality at lower cost. Oftentimes RegTech companies utilize the cloud through software-as-a-service.

MiFID
MiFID 2
EMIR (European Market Infrastructure Regulation)
GDPR (General Data Protection Regulation)

FinTech

Financial technology ( FinTech ) is a wide range technology and innovation that exist outside of the conventional banking ecosystem. It aims to compete with traditional financial methods in the delivery of financial services. A new industry that uses technology to improve activities in financing. The use of smartphones for mobile banking, investing services and crypto currency are examples of technologies aiming to make financial services more accessible for the public. Financial technology companies consist of both start ups and established financial and technology companies trying to replace or enhance the usage of financial services provided by existing financial companies. Most of the existing financial institutions are implementing Fintech solutions and technologies in order to improve and develop their services, as well as gaining an improved competitive stance.

Area of Competence

Account Set Up
Loans and Deposit
Mobile Banking
Payments and Fund Transfers
Wealth Management
Derivatives
Foreign Exchange and Money Market
Private Banking
Reporting

Latest News

The Advantages and Risks of Moving Your Money to a Digital Wallet

Digital Wallets: more than meets the eye? As more people choose to go cashless, digital wallets are becoming increasingly popular. Digital wallets have several advantages over traditional cash and credit card payments, including convenience, speed, and security....

Wealthtech and the Democratization of Investing

How Wealthtech is about to change everything we know about wealth management. The world of finance has undergone significant transformation in recent years. Wealthtech's rise has been a driving force behind this change, and it has played an important role in...

2023 Digital Banking Trends and the Future of Banking

Banking keeps reinventing itself. Find out what's in store. With the introduction of digital technologies, the banking industry has undergone significant transformation over the years. With the rise of digital banking, customers can now access banking services from...