Technology

Old National Selects Tech Partner For Wealth Management

Harriet Davies Editor - Family Wealth Report 31 August 2011

Old National Selects Tech Partner For Wealth Management

Old National Wealth Management, part of Indiana-headquartered Old National Bancorp, has selected FIS’ TrustDesk for management of its trust and wealth management operations.

TrustDesk provides portfolio management, investment performance measurement, administrative and investment compliance functionality, retirement distribution, relationship reporting and web access portals for customer account access.   

"Relationships were at the heart of our decision to team with FIS on this crucial aspect of our business," said Carrie Ellspermann, president and CEO of wealth management at ONWM. "While our old system met our basic functionality needs, what we were lacking was the relationship and the feeling that we had a technology partner, not a technology vendor."

Old National Bancorp has around $4 billion in assets under management through its various wealth management operations.

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