SS&C Technologies, a global provider of financial services software and software-enabled services, today announced Sovereign is live on the TradeDesk.Web module of SS&C's Lightning software suite.
The TradeDesk.WEB module allows the bank's customers to track and maintain their safekeeping and funding positions, as well as access offerings and online trade requests. This functionality is delivered through a web portal, allowing Sovereign to capitalize on the growing trend towards web-based access to customer information.
"The security and convenience of the Internet presents Sovereign with an excellent opportunity to improve customer satisfaction. We have leveraged technology to provide our customers with easy, online access to their trades," said Senior Vice President and Director of Operations, Marty Pinizzotto. "The decision to go with SS&C was an easy one. We've been using their Lightning software for seven years and have first hand knowledge of their proven track record of successful implementations. SS&C's ASP approach provides us with a way to control our costs without giving up functionality."
"We are pleased with Sovereign's continued confidence in us as a technology partner. One of our measures of success is our ability to provide solutions to meet the changing needs of our clients as they grow," said Bill Stone, Chairman and CEO, SS&C Technologies, Inc. "Our flexible ASP solutions help financial institutions worldwide improve efficiency and manage operational costs."