Fortis bank has launched a web-based version of its inquiry, compliance and reporting tool, Asset Monitor, offering users superior speed and functionality.

The internet version, which features an enhanced look, employs security certificates to allow clients access at any time, while guaranteeing a high level of security. It is a very user-friendly application, making data is accessible from any location with a PC and certificate. Web technology provides easy navigation and simple functions, which can be used for management information, custody administration, risk management and back-office operations.

Asset Monitor provides clients with easy access to information on investment portfolios. It contains a large number of standard reports that give clients a bird's eye view of the composition of their total assets. With Asset Monitor, clients can retrieve and process data at any time. Data can be downloaded into in-house or third party software in a format to suit the user.

Asset Monitor's key features include: worldwide access via secure internet; ability to create custom reports; ability to export standard and custom reports to Excel; integrated reporting; user-friendly search and select functions; and 24-month history of all client's positions and transactions.

"We have taken an important step in creating our line of professional electronic banking tools via the internet," said John van Rumpt, senior product manager of information and sales support at Fortis Bank. "The reactions of our clients are very positive. This application can be installed and trained via internet. The client will be supported by a professional team."