Press Releases
First Bankers' Banc Securities Goes Live on SunGard's Stream InTrader Portfolio Accounting Solution
September 22, 2010 — Burlington, MA
First Bankers’ Banc Securities, Inc. (FBBS), an institutional fixed-income securities dealer based in St. Louis, Missouri, has implemented SunGard’s Stream InTrader solution for portfolio accounting and online client reporting. Delivered in an application service provider (ASP) environment, Stream InTrader is an integrated solution for bank treasury and portfolio management, clearance and settlement.
FBBS provides portfolio accounting services for over 70 community bank clients throughout the Midwest. FBBS chose Stream InTrader for its extensive accounting capabilities, rapid implementation and ease of use, as well as its ability to provide monthly reports to clients electronically using SunGard’s Stream Portal. Stream Portal sends e-mail alerts to FBBS’ clients when monthly statements, graphical reports and quarterly rate shock reports are available for online access, download or import into spreadsheets.
Ken Bretthorst, president of First Bankers’ Banc Securities, Inc., said, “Stream InTrader is a user-friendly, turnkey system that offers a fast and lightweight deployment, comprehensive portfolio accounting capabilities, and reliable reporting for our clients. SunGard has helped to ensure a smooth conversion and seamless service for our clients and continues to provide us with responsive, first-rate day-to-day support.”
Gerry Murphy, president of SunGard’s brokerage and clearance business, said, “Securities firms need to be able to enhance their profitability by gaining efficiencies while delivering superior service and greater transparency. Stream InTrader helps institutions optimize investment returns, increase operational efficiency, and provide a wide range of services to their clients in a single, streamlined system.”
About SunGard’s Stream InTrader
A securities processing solution for U.S. banks, thrifts, and credit unions, Stream InTrader supports the management, clearance and settlement of bank treasury and investment portfolios. Customers use Stream InTrader to manage trading and sales activities, funding transactions, safekeeping services, and correspondent accounting.
About SunGard
SunGard is one of the world's leading software and technology services companies. SunGard has more than 20,000 employees and serves 25,000 customers in 70 countries. SunGard provides software and processing solutions for financial services, higher education and the public sector. SunGard also provides disaster recovery services, managed IT services, information availability consulting services and business continuity management software. With annual revenue exceeding $5 billion, SunGard is ranked 380 on the Fortune 500 and is the largest privately held business software and IT services company. For more information, visit www.sungard.com.
Trademark Information: SunGard, the SunGard logo and Stream InTrader are trademarks or registered trademarks of SunGard Data Systems Inc. or its subsidiaries in the U.S. and other countries. All other trade names are trademarks or registered trademarks of their respective holders.