FIS, a provider of banking and payments technology, has signed a new multi-year trust and wealth management account processing agreement with Pennsylvania-based AmeriServ Trust and Financial Services Company.
Under the deal, FIS will provide real-time account processing with FIS TrustDesk, an outsourced solution.
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FIS will also deliver enhanced compliance, integrated portfolio management, flexible client reporting and FIS Client Point, which will provide customers real-time online access to their accounts.
Anthony Jabbour, executive vice president of North American financial institutions at FIS, said: "Working together through our core banking relationship, FIS had shown AmeriServ leaders that it could be trusted to always do right by them.
"That trust, coupled with a proven platform that could support the bank’s growth, made this a perfect relationship for the bank."
