Bangkok--17 Sep--Wealth Management System Wealth Management System Limited (WMSL), one of the leading financial software companies in Thailand that provides reliable solutions to financial institutions in the areas of asset management, treasury, and risk management, again announces its success as the expert by launching a new project with an investment budget worth 50 million baht to develop the latest Wealth Management software application targeting Private Wealth Management business for financial institutions in Thailand and the region under the company’s Bonanza product family. In a press conference at Four Season Hotel Bangkok on September 11 2007, Somkiat Chinthammit, CEO of Wealth Management System, said, “The reasons why we decided to invest in Wealth Management software development are the rising tendency of Thai financial institutions to provide Private Wealth Management services and a lucid market expansion of this business sector. Private Wealth Management business has become a new trend for the modern era of banking services and more financial institutions will be equipped with this new business system as soon as this year and onward In addition, Wealth Management System Limited is the first company in Thailand to produce the full scope Wealth Management solutions which can cater extensive needs of domestic financial institutions, while foreign financial software programs tend to be incompatible to the local market convention and difficult to implement. Our system is a comprehensive and hands-on program covering every step of the business flows and procedures that provides total solutions to the users.” For this year, the Wealth Management Software is developed to serve initial and essential needs of the customers in the Private Wealth Management business. Going forward, the company is committed to continuously improve the software applications and expect to release the complete edition of Wealth Management software for Private Wealth Management business within the next year. For more information please contact: Khun Pattanasak , Wealth Management System Co., Ltd. Tel 02-8614820-35 Ext.619 E-mail: [email protected]