New FIS Solution Streamlines Account Onboarding for Trust Companies and Bank Trust Departments
- New solution removes friction in account opening process for trust companies and banks, and digitizes manual, paper-based processes
The new offering reduces the time and cost associated with opening new trust accounts by streamlining and digitizing previously manual and paper-based processes. The solution provides standardized templates, forms and other required documentation, allowing for rapid configuration and support of all aspects of the trust onboarding process.
Trust companies and bank trust departments using the new solution can benefit from an improved client experience as well as enhanced oversight and reduction in data errors.
“Bringing this new level of digital integration to our trust platforms
is something our clients have indicated they want and need,” said
The digital account onboarding product is currently available to FIS
clients utilizing the TrustDesk and
FIS is a global leader in financial services technology, with a focus on
retail and institutional banking, payments, asset and wealth management,
risk and compliance, and outsourcing solutions. Through the depth and
breadth of our solutions portfolio, global capabilities and domain
expertise, FIS serves more than 20,000 clients in over 130 countries.
Kim Snider, 904.438.6278
Senior Vice President
FIS Global Marketing and Communications