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Canadian Western Trust Implements SunGard’s Global Plus for Asset Management and Custody Processing

Canadian Western Trust Company (CWT) has implemented SunGard’s Global Plus multi-currency asset management and custody solution to support its growing institutional trust and custody business. According to CWT it has more than $6 billion of assets under administration and serves clients of all sizes by delivering flexible, value-added solutions for retirement trustee and custodial needs.

CWT has also implemented Global Plus’ Web-based front- and middle-office workstation for administration of client accounts. The Global Plus Web dashboard can help CWT more efficiently access client information, manage and monitor transactions, and retrieve documents.

Matt Colpitts, CWT’s vice president & general manager, said, “In order to continue the strong momentum we’ve built over the last few years, we are expanding service to plans of all sizes by tailoring more products to meet our clients’ unique needs. We chose SunGard’s Global Plus as our processing solution because it helps us to further personalize our services while supporting continued business growth. The system is already helping increase our operational efficiency and scale to manage our growing portfolio, while helping us to continue to deliver the high level of service that our clients are accustomed to.”

Eileen Van Scoy, executive vice president of SunGard’s wealth & retirement administration business, says, “Client service is the key differentiator in today’s competitive trust industry, and increasing operational efficiency is a key factor in providing excellent service. SunGard’s Global Plus back office accounting and custody solution can help CWT improve efficiency and be better positioned to further enhance its client services.”