According to SunGard, its solutions would provide RCBC a consolidated view of client portfolios throughout the bank, facilitate the sale of suitable products to their clients, and deliver processing and reporting efficiencies.
WealthStation will also help RCBC improve reliability and efficiency of compliance, processes and workflow, and deliver greater transparency to clients.
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WealthStation will be integrated with SunGard’s TAPS investment administration and accounting solution for retail investment and trust banking, which RCBC has used since 2000, to help provide front- to back-office operational efficiencies.
Manuel Ahyong, first senior vice president and segment head of RCBC Wealth Management, said, "We chose WealthStation for its ability to centralize and display information across different businesses and systems, its client-centric workflow and reporting capabilities, and its strengths of integration to provide an efficient process.
"By working with SunGard to meet our technology needs, we have aligned with an international company with a well-known brand, which also helps to increase client trust and confidence," Ahyong said.
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