Quad City Bank & Trust, based in the US state of Iowa, has implemented SunGard’s Charlotte trust and investment system integrated with the software firm’s iWorks Enterprise Accounting System to support the launch of the bank's new family office services.

Information from SunGard’s systems is combined with information from outside brokerages to provide Quad City Bank & Trust with a fully automated method for consolidating client information onto a single platform, SunGard said in a statement. Additionally, the system provides Quad City Bank & Trust with the ability to integrate the data required for its general ledger accounting.

Following the implementation, Quad City Bank & Trust is able to combine brokerage and trust accounts, obtain fair market value and transactions and provide financial and client reporting across its different locations and entities.

“SunGard’s integrated solution helps Quad City Bank & Trust gain a detailed understanding of its clients’ accounts and holdings. It gives Quad City Bank & Trust the tools it needs to dedicate more of its time to providing the high level of client service required to support family offices,” said Kevin Rafferty, president of SunGard’s wealth management business.

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.