PHILADELPHIA, March 8, 2012 /PRNewswire/ -- The PrivateBank, a subsidiary of PrivateBancorp, Inc., and Trustmark Wealth Management, a division of Trustmark National Bank, are now utilizing the InvestEdge wealth management platform. The InvestEdge solution includes web-based tools for portfolio management, performance measurement, client reporting, trade automation, and compliance monitoring. William Norris, Chief Investment Officer at The PrivateBank, explains that InvestEdge was selected to support the delivery of premium service to high net worth clients, optimize front-office productivity, and rigorously monitor assets under management and administration. "InvestEdge provides instant access to the tools and information our team needs to effectively manage, monitor and measure HNW portfolios, as a result, we are able to invest more time with clients," Norris stated. According to Doug Ralston, President of Trustmark's Wealth Management Group, a key objective for his firm was to standardize investment processes and control risk. "We worked closely with InvestEdge to evaluate our day-to-day workflows, and identified a number of areas where their solution would add consistency and value," says Ralston. "Annual investment reviews are a great example. InvestEdge significantly streamlined our processes and delivered unprecedented management controls. This helps to ensure each portfolio is aligned to the client's objective, and also supports our SAS 70 certification." Bob Stewart, President and CEO of InvestEdge, adds, "The PrivateBank and Trustmark are great additions to our rapidly growing business. InvestEdge is now used by 52 investment firms that collectively manage over 250,000 accounts and assets totaling more than $663 billion. We're looking forward to continued success with The PrivateBank and Trustmark." About InvestEdge, Inc. InvestEdge is a leading provider of wealth management solutions to large banks, trust companies, brokerage firms, and financial advisors. Through an integrated wealth management platform, InvestEdge automates key front office functions including portfolio management, performance measurement, client reporting, compliance monitoring, and trade automation. Founded in June of 2000, InvestEdge is quickly growing through the addition of major customers such as Wilmington Trust, Glenmede Trust, Keybank, Huntington National Bank, TD Bank, and Greycourt and Co. To learn more, visit http://www.investedge.com or call 1-800-830-1839. InvestEdge is a registered trademark of InvestEdge, Inc. About The PrivateBank The PrivateBank is a part of PrivateBancorp, Inc., which, through its subsidiaries, delivers customized business and personal financial services to middle-market companies, as well as business owners, executives, entrepreneurs and families in all of the markets and communities it serves. As of December 31, 2011, the company had 34 offices in 10 states and $12.4 billion in assets. The company's website is www.theprivatebank.com. About TrustmarkTrustmark Corporation (NASDAQ: TRMK), with $9.7 billion in assets, is a diversified financial services company which provides banking and financial solutions through over 150 locations and 2,600 associates. Trustmark has operations in five states through its wholly-owned subsidiaries, Trustmark National Bank and Somerville Bank & Trust Company, as well Trustmark National Bank's subsidiaries, including Trustmark Investment Advisors, Inc., and Fisher Brown Bottrell Insurance, Inc. Trustmark Wealth Management, a division of Trustmark National Bank, provides Trust, Investment, and Custody Services to clients through over 150 wealth management associates, including attorneys, CPAs, MBAs, CLUs, and CFAs. This group of professionals oversees the daily tasks of investment management, administration, and custody of approximately $8.5 billion. SOURCE InvestEdge, Inc.