Fairbairn updates back office

Isle of Man based Fairbairn Private Bank has updated its technology to try and increase demand for its discretionary portfolio management service. The bank has signed a contract with Rhyme Systems, a provider of asset management solutions, for rhymeSight Back Office, a multi-currency, multi-company investment management and accounting system. It provides functionality to support investment instruments, including performance measurement, dealing and settlement. Features also include facilities to maintain and update customer information and enquiry and query tools. Greg Horton, managing d...