The IPBS system has been deployed under a flexible business model with the Trust Company implementing the IPBS/Business Manager, IPBS/Private Banking, IPBS/Investments & Safe Custody, Mutual Funds and Share Registry and IPBS/eBanking modules.

According to IPBS, the deployment will enable Commercial Trust to provide its clients with access to account and investment positions from an integrated wealth management platform.

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Bruce Raine, founder and president of IPBS, said: "The latest version of the IPBS system allows companies to free up staff time to be spent on more productive client relationship management activities and builds on our heritage of providing our clients with innovative solutions that enable real and sustained competitive advantage.

"The system is proven in a number of different jurisdictions and I am delighted that we are continuing to experience expansion of our client base in the Far Eastern market," Raine added.

Commercial Trust provides statutory trustee and custodian services for private trust and foundation accounts, asset managers, private estates, and entrepreneurial individuals.

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