Banks, Trust and Wealth Management departments today recognize that it is increasingly difficult to compete solely with proprietary investment products and/or run-of-the-mill technology.

• Competition in the wealth management arena has become intense, as national and regional brokerage firms, insurance companies, independent RIAs, CPAs and asset management boutiques have increased their focus on fee-based investment advisory.
• Concord’s TRAC (Trust Resources, Advisory, and Consulting) services is a separately managed account platform designed specifically for banks and trust departments. It provides such institutions with both the infrastructure and methodology to deliver attractive investment products from leading money management firms.

• Additionally, TRAC provides the technology to automate, speed-up and enhance virtually all sales and client service functions – and can be seamlessly integrated with existing trust accounting systems and custodians.