RBS International has made significant investment into its market-leading specialist online banking platform, eQ.

Recent investments in the FX and money market deposit capabilities have created a ‘one-stop-shop’ service which is unique to eQ users in the offshore marketplace. The new features offer eQ customers a single platform from which they can conduct payments and handle their cash management needs as well as more sophisticated banking requirements such as FX and money market deposits. The improvements provide increased control for clients, allowing them to personalise dealing levels for firms or individual users.

Bill Shimmins, Island Director, RBS International, commented: “The addition of FX and money market deposit enhancements to the eQ system brings greater efficiency for customers conducting online banking and is the only such system in the offshore arena. These changes have been implemented in response to feedback from clients who indicated that they would prefer to manage the various aspects of their money on one dedicated platform. eQ has been continuously upgraded since its launch 12 years ago enabling it to remain an innovative technology and further investment in eQ is already planned for 2012.”

eQ was researched, developed and built by a team of IT and banking specialists in 2000 and is regularly used by financial intermediaries, financial advisers and corporate clients in the offshore marketplace.

- Ends -