• Argent Financial Group, one of the nation’s largest independent trust providers, has selected FIS for wealth operations and technology outsourcing solutions.
• Greater efficiencies achieved through technology and outsourced business services will allow Argent to further focus on the needs of its clients, while delivering on its fiduciary responsibilities.
• FIS has made strategic investments to deepen its wealth management offerings, disrupting tradition by creating the most flexible outsourcing solution set in the trust and wealth management industry.
Combining innovative technology with secure BPO servicing, FIS™, a global leader in banking and payments technology as well as consulting and outsourcing solutions, continues to reinvent traditional trust operations.
An area of strategic investment and growth, FIS expanded its capabilities last year through the acquisition of Reliance Trust, fulfilling market demand for a full-service trust operations BPO solution and presenting the most flexible outsourcing solution set in the trust and wealth management industry.
That deep domain expertise plus complete back-office support led Argent Financial Group, one of the nation’s largest independent trust providers, to select FIS for Trust Operations Outsourcing including custody and mutual fund clearing services and FIS’ premium investment suite, PortfolioMARCTM.
“The greater efficiencies achieved through technology and outsourcing will allow Argent to further focus on the needs of its clients, while delivering on its fiduciary responsibilities,” said Anthony Jabbour, CEVP, Integrated Financial Solutions, FIS. “FIS remains committed to innovation that supports industry demand and reinvents the way firms support their customers.”
“Everything we do starts with the needs of our clients,” said Kyle McDonald, CEO, Argent Financial Group. “FIS’ technology, plus its top-level BPO support, gives us the opportunity to attend to the individual needs of our clients without worrying about back office management.”
About Argent Financial Group
Argent Financial Group (argentfinancial.com) is a full-service, trust-based wealth management firm that provides clients with a broad array of wealth management services built from its core of trust management. Headquartered in Louisiana and with 20 offices across 10 states, Argent Financial Group maintains responsibility for more than $11 billion in client assets. It offers a broad range of wealth management services, including trust administration and related services, investment management, family office services, retirement plan and charitable organization administration, mineral (oil and gas) rights management, and financial, retirement and estate planning.
FIS (fisglobal.com) is a global leader in banking and payments technology as well as consulting and outsourcing solutions. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 130 countries. Headquartered in Jacksonville, Fla., FIS employs more than 40,000 people worldwide and holds leadership positions in payment processing and banking solutions. Providing software, services and outsourcing of the technology that drives financial institutions, FIS is 426 on the Fortune 500 and is a member of Standard & Poor’s 500® Index.