As your trust department faces pressure for profitability and efficiency, outsourcing eases the operational burdens and can reduce your long-term expenses. Let Comerica help you.
Comerica's Wealth Management Operations Services is designed to provide back-office trust operations services to community banks and other wealth management and trust businesses. It's a transparent solution to your back-office needs that takes the burden off you, but still keeps your company front and center at all times.
Comerica's Wealth Management Operations Services provides personnel, business processes, and technology using the SunGard® AddVantage® trust accounting platform. Our services are built upon the experience and success that Comerica has achieved over its 100 years in the banking and wealth management industry. Our professional staff has experience in handling the processing needs for over 29,000 trust accounts.
By using Comerica's Wealth Management Operations Services, your institution can focus its resources on increasing revenue growth while improving and developing existing customer relationships. At the same time, you can be assured that your back-office needs are being taken care of.
Features of the service include:
- Securities processing and custody
- Mutual fund trading directly with the NSCC
- Securities pricing
- Corporate action tracking and processing
- Income collection
- Fee processing
- Cash processing
- Client online access
- Statement generation, printing and mailing
- Regulation 9 compliance monitoring and reporting
For more information, call us at 313.222.9127.