Boston-based wealth management firm Fiduciary Trust Company, which manages $8 billion of assets for individuals, families and charitable organizations, has overhauled its trading, portfolio management, account review, compliance processing and performance reporting software. It has integrated SunGard's Global Plus back-office accounting and custody capabilities with Sungard trading, portfolio management, compliance and client access solutions so it can link activities across the transaction lifecycle.
Fiduciary Trust is expanding its use of the SunGard Transaction Network for mutual fund trading to include STN Execution Services for trade execution, and the STN Money Markets portal for short-term investments. The company is also using SunGard's Investor'sView portfolio management and reporting solution to enhance account review and compliance processing; and Global Plus Web portal to provide clients with online access to account information.
Art Andon, vice president and chief technology officer at Fiduciary Trust Company, said in a press release that the firm's goal was to improve efficiency and productivity, as well as expand its products and services to a broader client base.


Printer Friendly



