Family Office

Community bank supports FO services with SunGard

Wendy Spires August 14, 2009

Community bank supports FO services with SunGard

Quad City integrates Charlotte with iWorks for consolidating client info. Bettendorf, Iowa-based Quad City Bank & Trust (QCBT) has integated SunGard's Charlotte trust and investment system with SunGard's iWorks accounting technology to support the launch of the bank's new family-office business.

This integration gives QCBT a nimble but robust engine for consolidating client information on a single platform, according to SunGard . It also lets the bank provide general-ledger accounting.

Freed up

"SunGard's integrated solution helps [QCBT] gain a detailed understanding of its clients' accounts and holdings," says SunGard's Kevein Rafferty. "It gives [it] the tools it needs to dedicate more of its time to providing the high level of client service required to support family offices."

QCBT has five branches in and around Davenport, Iowa.

Quad City Bank & Trust is headquartered in Bettendorf, with five offices in the Quad City area. With over $1 billion in client assets, the firm provides commercial and consumer banking, trust and asset management services. -FWR

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