Chad Lewis, vice president, wealth management at Quad City Bank & Trust, said, âAfter a comprehensive search, we found SunGard to have the right combination of solutions to support our new family office environment. Tapping into the collective technology expertise of SunGard is important for helping ensure consistency and focus toward a common goal. With SunGard technology supporting our core operations, we are confident in our ability to focus the talent of our private bankers, trust officers and CPAâs to personalize our family office services to help meet the needs of our multi-generational relationships.â
Information from SunGardâs Charlotte trust accounting and SunGardâs iWorks EAS family office systems is combined with information from outside brokerage houses to provide Quad City Bank & Trust with a fully automated method for consolidating client information onto a single platform. The solution also accommodates specific requirements of each family office, and provides Quad City Bank & Trust with the ability to integrate the data required for the bankâs general ledger accounting.
Kevin Rafferty, president of SunGardâs wealth management business, said, âSunGardâs integrated solution helps Quad City Bank & Trust gain a detailed understanding of its clientsâ accounts and holdings. It gives Quad City Bank & Trust the tools it needs to dedicate more of its time to providing the high level of client service required to support family offices.â