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Old National Wealth Management Selects FIS’ Wealth Management Suite - FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, announced that Old National Wealth Management has selected FIS’ TrustDesk® for management of its trust and wealth management offerings
Old National Wealth Management Selects FIS’ Wealth Management Suite

 

NewswireToday - /newswire/ - Jacksonville, FL, United States, 2011/08/24 - FIS™ (NYSE: FIS), the world’s largest provider of banking and payments technology, announced that Old National Wealth Management has selected FIS’ TrustDesk® for management of its trust and wealth management offerings. NYSE: FIS

   
 
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Founded in 1834, Old National Wealth Management is based in Evansville, Ind., and serves customers through more than 160 locations in Indiana, Kentucky and Illinois. With assets of over $8 billion and more than $4 billion in assets under management for their wealth management offering, Old National Wealth Management’s parent, Old National Bancorp, is the largest financial services holding company headquartered in Indiana.

TrustDesk, a comprehensive end-to-end wealth management solution, provides portfolio management, investment performance measurement, administrative and investment compliance functionality, retirement distribution, enhanced relationship reporting and Web access portals for customer account access. Its browser-based functionality and a user-efficient design provide simple and intuitive navigation to more than 200 institutions. In addition to the TrustDesk suite, Old National Wealth Management’s affiliates currently utilize several FIS solutions including VisionIP item processing, remittance processing, QualiFile® and eAccount Opening.

“Relationships were at the heart of our decision to team with FIS on this crucial aspect of our business,” said Carrie J. Ellspermann, president and CEO of Wealth Management, Old National Wealth Management. “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. Now, not only do we have the functionality to provide our customers with the best product offerings and most efficient service, we have people we can turn to for discussing our needs and how to meet our goals. To us, that makes all the difference.”

“FIS Wealth Management Solutions provide a comprehensive multi-faceted approach – including portfolio management, compliance and performance – to target the needs of wealth managers of all sizes,” said Anthony Jabbour, executive vice president, FIS Financial Solutions Group. “Old National Wealth Management’s decision to team with FIS for Wealth Management is a testament to FIS’ ability to deliver effective solutions for complex wealth management programs across the nation.”

About Old National
Old National Bancorp (oldnational.com) is the largest financial services holding company headquartered in Indiana and, with $7.5 billion in assets, ranks among the top 100 banking companies in the United States. Since its founding in Evansville in 1834, Old National has focused on community banking by building long-term, highly valued partnerships with clients in its primary footprint of Indiana, Illinois and Kentucky. In addition to providing extensive services in retail and commercial banking, wealth management, investments and brokerage, Old National also owns one of the largest independent insurance agencies headquartered in Indiana, offering complete personal and commercial insurance solutions.

About FIS
FIS (fisglobal.com) is the world’s largest global provider dedicated to banking and payments technologies. With a long history deeply rooted in the financial services sector, FIS serves more than 14,000 institutions in over 100 countries. Headquartered in Jacksonville, Fla., FIS employs more than 32,000 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 ranked 426 on the Fortune 500, is a member of Standard & Poor’s 500® Index and consistently holds a leading ranking in the annual FinTech 100 list.

Forward-Looking Statements
This news release contains forward-looking statements that involve a number of risks and uncertainties. Statements that are not historical facts, including statements about our beliefs and expectations, are forward-looking statements. Forward-looking statements are based on management's beliefs, as well as assumptions made by, and information currently available to, management. Because such statements are based on expectations as to future economic performance and are not statements of fact, actual results may differ materially from those projected. We undertake no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. The risks and uncertainties which forward-looking statements are subject to include, but are not limited to: changes in general economic, business and political conditions and other risks detailed in the “Statement Regarding Forward-Looking Information,” “Risk Factors” and other sections of the Company’s Form 10-K and other filings with the Securities and Exchange Commission.

For More Information:
Mary Waggoner, SVP, FIS Investor Relations
P: 904.854.3282 / E: mary.waggoner[.]fisglobal.com.

 
 
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Old National Wealth Management Selects FIS’ Wealth Management Suite

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FIS |
Publisher Contact: Marcia Danzeisen - FISglobal.com 
904-854-5083 marcia.danzeisen[.]fisglobal.com
 
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