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DSW News

May 2011 Bankhaus Metzler
  has delivered the first OBS Linux production version to Bankhaus Metzler
 
April 2011 Baader Bank Aktiengesellschaft
  Baader Bank AG in Unterschleißheim near Munich has successfully gone live with all OBS-Modules over the Easter weekend, using a Big Bang Migration approach
 
February 2011 New Energy for DSW
  Die Software Peter Fitzon has switched to electricity from 100% renewable energy
 
January 2011 MM Warburg
  MM Warburg and four subsidiaries successfully went live in a Big Bang OBS-WPS implementation on January 1st
 
November 2010 Merck Finck & Co Privatbankiers, Munich
  Merck Finck Munich has successfully gone Live with SEPA Direct Debit on November 1st
 
October 2010 DelbrückBethmannMaffei, Frankfurt
  Delbrück Bethmann Maffei has successfully put into production the securities module OBS-WPS including OBS-TAX and the newly developed trader front end HASY
 
April 2010 Baader Bank Aktiengesellschaft
  Baader Bank Aktiengesellschaft in Unterschleissheim/Germany chooses OBS as their new Core Banking System
 
March 2010 SEPA Direct Debit
  Final requirements definition workshop with OBS-Banks
 
March 2010 Commerzbank AG, Zurich
  Commerzbank Zurich, AG has successfully started its business activities with OBS
 
January 2010 Kleinwort Benson Private Bank Limited, London
  On 1st of January, Kleinwort Benson successfully relaunched into business after a Big Bang Migration to complete OBS (all modules!)
 
December 2009 DelbrückBethmannMaffei (ABN AMRO), Frankfurt
  Delbrück Bethmann Maffei succeeded in a major upgrade of OBS
 
December 2009 Kleinwort Benson Private Bank Limited, London
  Kleinwort Benson has signed to implement the complete OBS System
 
December 2009 Commerzbank AG, Zurich
  Commerzbank AG chooses OBS for the subsidiary in Zurich. All modules of OBS for the new corporate clients business will be implemented at Commerzbank Zurich
 
November 2009 KPMG System Survey 2009-2010
  In the newly released 2009-2010 System Survey from KPMG Luxembourg, DSW received, for the second consecutive time, the rating "100% very satisfied" in the categories: "Global satisfaction per system", "Functional satisfaction per system" and "Supplier satisfaction per system".
Among the 11 Vendors being evaluated, DSW also achieved the best response in the category "Price per system": 50% "very satisfied" and 50% "satisfied".
 
September 2009 Delivery of PSD (Payment Services Directive)
  PSD (Payment Services Directive) functionality in OBS is delivered
 
August 2009 Delivery Annual Reporting with Capital Gains Compensation Tax
 
May 2009 Workshops PSD completed
  Workshops and specifications preparing the implementation of PSD (Payment Services Directive) in OBS have been completed
 
May 2009 OBS launched at Hauck & Aufhäuser Banquiers Luxembourg S.A
  A complete installation of OBS Banking System has successfully gone Live, on time and within budget, at Hauck & Aufhäuser in Luxembourg
 
April 2009 DelbrückBethmannMaffei
  DelbrückBethmannMaffei purchases licenses for OBS-WPS Securities Module
 
April 2009 UBS
  UBS plans implementation of OBS also for Wealth Management in the Netherlands
 
December 2008 Capital Gains Compensation Tax Live
  The new German Captial Gains Compensation Tax, under the German Corporate Tax Reform Act successfully went live without any issues
 
September 2008 Landesbank Hessen-Thüringen
  OBS-TAX chosen as the corporate tax engine for the calcuation of the new Captial Gains Compensation Tax
 
August 2008 MM.Warburg
  MM.Warburg Hamburg chooses OBS-WPS as the Securities system of choice
 
August 2008 Credit Suisse Deutschland
  Credit Suisse Deutschland goes into production with OBS-TAX
 
August 2008 Delivery Captial Gains Compensation Tax
  The complete Captial Gains Compensation Tax version of OBS-TAX fully integrated with all OBS-Modules is delivered to all clients
 
July 2008 SEPA
  Delivery of the required SEPA functionality to our clients
 
June 2008 Captial Gains Compensation Tax
  The prototype is tested by OBS users in Ebersberg
 
May 2008 Hauck & Aufhäuser Banquiers Luxembourg S.A.
  Hauck & Aufhäuser Banquiers Luxembourg S.A. chooses OBS as the Core Banking System of choice
 
April 2008 Credit Suisse Deutschland
  Credit Suisse Deutschland chooses OBS-TAX for the handling of the Captial Gains Compensation Tax
 
Januar 2008 Dresdner Private Banking International
  Dresdner Bank chooses OBS as core banking system for their International Private Banking Platform – the next implementation is planned for Kleinwort Benson Private Bank in London
 
December 2007 Deutsche Bundesbank
  Deutsche Bundesbank chooses Portfolio Management System from OBS
 
October 2007 Deutsche Bundesbank goes Live with OBS
  OBS has been implemented successfully and on schedule at the Deutsche Bundesbank. All securities and custody business of the Deutsche Bundesbank will now be done using OBS-WPS.
 
July 2007 Workshop "Private Capital Gain from Speculation (Speculation Tax / Spekulationssteuer)" in Ebersberg
 
July 2007 SEPA
  Development of SEPA phase 1 initiated
 
June 2007 MiFID
  MiFID functionality delivered to the first clients
 
March 2007 MiFID
  MiFID functional concept agreed during the user community workshop and development started.
 
December 2006 Corporate Action II and WM Handling go Live at UBS (Luxembourg) S.A.
  The new STP versions of the WM-Data load (Securities Master data and Corporate Action data) and the Corporate Action II module (full STP processing of Corporate Actions) go Live successfully
 
December 2006 OBS-ZAV successfully implemented by Merck Finck & Co Privatbankiers
  OBS-ZAV replaces the legacy payments system
 
October 2006 Implementation of OBS on SUN/Solaris at Bankhaus D.B. Zwirn
  The OS400/AS400 system of Bankhaus D.B. Zwirn was replaced by Unix. Simultaneously the latest version of OBS was implemented and the new modules OBS-KRE (Credit & Loans) and OBS-ZAV (Payments) were also implemented.
The implementaiton of OBS-ZAV makes Bankhaus D.B. Zwirn the first German bank to use the German Mass Payments System (EMZ) via SWIFT FileAct
 
September 2006 UBS Luxembourg chooses OBS-TAX for all tax reporting requirements for German clients
  UBS Luxembourg chooses OBS-TAX as the system of choice for the creation of tax reporting requirements for the German clients
 
May 2006 Bankhaus D.B. Zwirn chooses OBS
  Bankhaus Zwirn GmbH & Co KG in Frankfurt chooses OBS. Production is planned for 2006
 
April 2006 DSW Zurich moves
  Our subsidiary is moving from Zurich Seefeld to Oerlikon.The contact details and location description will lead you to us
 
December 2005 Private Banking Westfalenbank merged into Merck Finck
  Private banking clients of Westfalenbank have been taken over into the OBS environment of Merck Finck & Co,Privatbankiers
 
Dezember 2005 Withholding tax Luxembourg goes into production
  UBS Luxembourg successfully implements withholding tax functionality on schedule
 
November 2005 DSW opens the online CLIENT-FORUM
  With immediate effect all clients of DSW can access the new client forum over the website. The new discussion podium can be accessed using the link on the left navigation bar
 
November 2005 UBS Dublin implements OBS as a subsidiary of UBS Luxembourg
 
October 2005 Deutsche Bundesbank becomes client of DSW
  DSW has been awarded the bid in a EU wide tender for the new securities system for the Deutsche Bundesbank. OBS-WPS will probably replace the legacy system in Q3 2007
 
October 2005 Test start "Private Capital Gain from Speculation (Speculation Tax / Spekulationssteuer) 2005"
  Our pilot client Merck Finck & Co Privatbankiers have started testing the tax module for the "Private Capital Gain from Speculation" (Speculation Tax / Spekulationssteuer)for the 2005 annual tax certificate for both securities as well as foreign exchange and foreign currency accounts
 
October 2005 Complete OBS implementation at Hauck & Aufhäuser Privatbankiers KGaA
  With the first complete OBS implementation at Hauck & Aufhäuser Privatbankiers KGaA all OBS modules were implemented in a successful "Big Bang" migration and legacy systems could be retired
 
July 2005 European Savings Tax Directive implemented at UBS Luxembourg, UBS Belgium and Dresdner Bank (Switzerland) AG
 
June 2005 UBS Vienna replaces legacy system and implements OBS-KKT and OBS-REW
  The legacy system IBSY for current accounts and ledger at UBS Vienna was replaced by OBS-KKT (Current Accounts) and OBS-REW (Financial Accounting and Ledger). Simultaneously the funcitonality for European Savings Tax Directive was also implemented
 
May 2005Software "European Savings Tax Directive" for Germany
  The first version of the functionality for the European Savings Tax Directive is delivered to our clients in Germany
 
March 2005 UBS Luxembourg ports OBS to Unix and replaces legacy system with OBS-KKT and OBS-REW
  UBS Luxembourg ported OBS from OpenVMS to UNIX. Simultaneously OBS-KKT (Current Accounts) and OBS-REW (Ledger and Financial Accounting) were implemented, therefore successfully replacing the legacy IBSY system
 
February 2005 Software "European Savings Tax Directive " for Switzerland, Luxembourg, Austria and Belgium
  The first version of our "European Savings Tax Directive" funcitonality was delivered to our clients in Switzerland, Luxembourg, Austria and Belgium for beta-testing
 
February 2005 OBS-E-Banking productive at Dresdner Bank (Switzerland)
  Our new E-Banking module successfully went into production at Dresdner Bank (Switzerland). Clients can now securely access their accounts, etc through the internet.
 
February 2005 Workshop "Basel 2" in Ebersberg
 
November 2004 UBS Belgien ports OBS to Unix and replaces legacy IBSY system with OBS-KKT and OBS-REW
  UBS Belgium, as a subsidiary of UBS Luxembourg, ported OBS from OpenVMS to UNIX. Simultaneously OBS-KKT(current accounts) and OBS-REW (ledger and financial accounting) wereimplemented, therefore successfully replacing the legacy IBSY system
 
November 2004 Workshop "European Savings Tax Directive" in Ebersberg
 
November 2004 Migration of BethmannMaffei
  Clients from Bankhaus BethmannMaffei are successfully ported to the OBS-Platform of Bankhaus Delbrück
 
October 2004 Implementation of OBS at Bankhaus Metzler
  OBS-KKT implemented at Bankhaus Metzler
 
September 2004 Workshop "Private Capital Gain from Speculation (Speculation Tax / Spekulationssteuer)"in Ebersberg
 
September 2004 Implementation OBS at LGT
  Implementation of OBS-TAX for the Liechtenstein Global Trust Frankfurt (LGT)
 
September 2004 Phased implementation of OBS at Merck Finck completed
  The overall implementation of OBS at Merck Finck was successfully completed. In the past phase the modules OBS-KRE, OBS-GDH and OBS-REW were implemented
 
July 2004 Workshop "US-TAX" in Ebersberg
   
 
 
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