This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Fi-Tek's TrustPortal Rated 'Best-in-Class' Core Accounting Platform For Trust And Private Banks

EDISON, N.J., Oct. 21, 2013 /PRNewswire/ --  Fi-Tek announced today that in a recently conducted CEB TowerGroup analyst study of major accounting platforms servicing the Trust and Private banking segment, its premier wealth management solution - TrustPortal - has received the highest rating of "Best-in-Class" for its critical Core Accounting functionality. The core accounting and operations functions are at the heart of any wealth management operation and can provide significant cost and operations efficiency.

Published in March 2013, CEB TowerGroup technology analysis process centered on vendors with mature products, globally recognized innovation, and multiple installations with a range of financial services institutions. The extensive study combined qualitative and quantitative data conducted from interviews with industry experts and financial institutions who were users of the systems and vendors, through which CEB TowerGroup identified 21 attributes that defined a "Best-in-Class" accounting system.

"Banks are looking at the wealth management business as a growth vehicle, and are revisiting their core accounting systems to ensure modern functionality and extensive risk controls," said CEB TowerGroup Senior Director Peter Delano.

TrustPortal's highly configurable user interface, customer reporting options, and broad compliance capabilities are noted product highlights which provided a "Best-in-Class" rating in Core Accounting by the CEB TowerGroup analyst:

  • Business Reporting: Through TrustPortal's ad-hoc query module, Quick Search, users can run queries and create their own real-time reports. The system also has over 150 canned reports.
  • Transaction Processing: TrustPortal offers real-time order processing and modeling, an integrated accounting engine, and investment management capabilities.
  • Compliance Management: TrustPortal features configurable dashboard alerts, 250+ standard reports, Quick Search capabilities, and a time-stamped audit trail.

Fi-Tek's TrustPortal is a fully integrated wealth management solution on a single, web-based platform ideally suited for Asset Management companies, Private Banks, Trust Banks, Family Offices, RIAs, Broker-Dealers and other financial institutions. TrustPortal provides end to end Front, Middle and Back-office functionality streamlining business processes in Accounting, Securities Processing, Financial Planning, Portfolio Management, Regulatory & Compliance Review, Tax Reporting and Client Reporting & Statements.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs