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The technological infrastructure for the Destek Yatırım Bank is handled by Architecht
The technological infrastructure for the Destek Yatırım Bank is handled by Architecht
13.10.2021
GENERAL
TECHNOLOGY

Increasing numbers of investment banks are strengthening their technological infrastructure. Announcing that they have made an agreement with Destek Yatırım Bank, Architecht General Manager Dr. Mücahit Gündebahar says “With our infrastructure solutions, we enable investment banks to start operating in a very short time”


*** This release is originally published in Turkish.
Google Translate Application translates the content you see on this page.***


ISTANBUL (TR) - Supporting a wide customer portfolio, Destek Finans Faktoring has obtained establishment permission from the BRSA in recent months, with the decision to establish an investment bank in order to create a more effective field of activity. Destek Yatırım Bank, which will be newly established, signed an agreement with Architecht, one of Turkey's leading fintech (financial technologies) companies, in order to create a more efficient and secure field of activity. Stating that they will provide all the technological infrastructure required to manage the investment banking processes from end to end, Architecht General Manager Dr. Mücahit Gündebahar made the following statement on the subject: "We have privatized our platform by transferring our long years of experience in banking to the field of investment banking at the request of the sector. We provide banks with a significant cost advantage in their IT operations.”

Investment banking is growing

According to data from Research and Markets, the global investment banking market is expected to grow by 5% to reach $137.97 billion by 2025. Stating that the figures coincide with the trends in the market, Dr. Mücahit Gündebahar comments on this situation as follows: “The number of new generation fintech and payment institutions serving individual customers is increasing day by day. It is predicted that the number of these institutions, which provide a more innovative and free user experience in the field of finance, and the variety of services they offer will increase significantly in the coming years. Financial companies that want to focus on corporate customers are already starting their attempts to open investment banks to take part in the banking system of the future."

We enable investment banks to start operating quickly

Stating that they have shaken hands with Destek Yatırım Bank thanks to their 30 years of experience in the financial sector and the new generation solutions they have developed, Gündebahar also shared detailed information about investment banking solutions: “We offer the end-to-end technological infrastructure that institutions need on a single platform. Our solutions have 2 outstanding features: Easy to use and fast installation. In terms of the finance sector, we make all the implementations in a very short time, and we enable the investment banks to start operating quickly.”

It is also used in Gulf countries.

Architecht General Manager said, “We have developed a definition-based private banking software consisting of all key components from accounting and finance to treasury and foreign trade, from customer and receivables management to international banking. With our Integrated Workflow System, we provide easy management of complex workflow processes, and with the Document Management System, we ensure that documents are followed in a simple way. These two components of our product cause us to be preferred by many banks in Turkey and the Gulf countries.”

Contact: Tülay Genç | [email protected] | +31 30 799 6022

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