The Albridge Wealth Reporting Web-based portfolio accounting and performance reporting application will be made available to Enterprise Bank & Trust’s financial professionals through Albridge’s data management and wealth reporting platform, according to a release.
Through this technology, Enterprise Bank & Trust’s financial professionals can generate on-demand, personalized performance reports; produce consolidated client statements and access a consolidated view of their clients’ net worth across multiple accounts, according to the release. Albridge, a wealth management technology provider, also expanded its trust reporting capabilities by establishing a direct data connection to the Sungard Charlotte trust management platform. Enterprise Bank & Trust is the first firm to receive reconciled and consolidated trust information through this connection.
In addition to portfolio performance reporting, Enterprise Bank & Trust will implement Albridge’s client data integration solution, AppLink, the release said. This technology allows Enterprise Bank & Trust’s advisers to integrate client data and connect with third-party software that supports financial planning, investment research, and client presentations.
Enterprise Financial operates commercial banking and wealth management businesses in metropolitan St. Louis and Kansas City and a loan production office in Phoenix, with the intent to establish a de novo Arizona state bank charter in 2009. The company is primarily focused on privately held businesses, their owner families, executives, and professionals.