SunGard now provides application service provider (ASP) delivery of its Charlotte trust accounting system for portfolio management, securities processing, performance reporting and regulatory compliance.
A real-time trust accounting and investment management solution, SunGard’s Charlotte helps trust and wealth management organizations to cost-effectively attract, service and grow client relationships.
The ASP version of SunGard’s Charlotte aims to help customers to focus on their core competencies by shifting system management responsibilities to SunGard.
In addition, Charlotte provides integration with SunGard’s WealthStation wealth management platform, SunGard Transaction Network (STN) trading connectivity services and SunGard’s Investor’s View real-time portfolio management, regulatory compliance and performance reporting solution, all of which are ASP or Software-as-a-Service (SaaS) solutions. SunGard will continue to offer the in-house license version of Charlotte.