Northern Trust announced it has been selected to provide correspondent services for Alpine Bank, a community bank celebrating its 35th year, with 37 locations throughout the state of Colorado. Northern Trust will deliver trust accounting and investment management activities through the TrustPortal, and provide domestic custody services. The TrustPortal is a wealth management focused solution for financial institutions.
Northern Trust offers a state-ofthe-art solution that is built on the foundation of strong relationship management. Its nice to know that the organisation providing the solution understands our business needs because they share our objectives, says Monique Serra, regional president and manager, Alpine Bank.
Alpine Banks representatives were looking for a solution that would provide everyone with greater productivity and efficiency. The TrustPortal is a user-friendly environment that truly allows each and every associate to benefit from its functionality for accounting, investment management, reporting and account review. As financial institutions grow more concerned with productively managing their responsibilities, our solution continues to garner interest, says David Batrich, vice president and director of North American sales for Correspondent Services, Northern Trust.
TrustPortal hosted solution is an integrated service platform and one-stop Internet entry point for TrustPortal applications including Trust Accounting (Trust/Rite), Investment Management (TrustTrader) and Client Internet Access (TrustReporter and TrustStatements), and Account Review (TrustReviewer). TrustPortal is the evolution of Trust/Rite, the stand-alone Trust Accounting application created by Northern Trust in partnership with Fi-Tek LLC. TrustPortal applications are now installed in more than 135 organisations across the United States, with more than $100 billion in combined trust assets.