Infovisa Extends Relationship with Fifth Third Institutional Services for Mutual Fund Trading
Infovisa announces new, robust mutual fund trading interface with Fifth Third Institutional Services.
CORNELIUS, N.C., Sept. 16, 2022 /PRNewswire-PRWeb/ -- Today, Infovisa® announced that it is expanding its relationship with Fifth Third Institutional Services, a division of Fifth Third Bank, National Association, to offer a robust mutual fund interface to its client base. The interface brings automation to the settlement of mutual fund trades and reconciliation of positions custodied at Fifth Third on behalf of users of Infovisa's MAUI® trust and wealth platform.
"The affiliation with Fifth Third is one of our oldest relationships at Infovisa," said Angie Gorman, COO of Infovisa. "We are excited to continue to build upon this connection by expanding our mutual fund interface options. Every minute saved by automating a process with our software is a minute better spent by our clients somewhere else," continued Gorman.
"Infovisa and Fifth Third have worked together on numerous projects," said Brandon Tipton, Product Manager at Infovisa. "Each time, both companies have put the focus on the client's needs, experience and process. We are also appreciative of the clients who assisted us with the initial testing of the new interface prior to roll out to all clients," Tipton went on to say.
Regarding the new interface, one of the initial users, Andy Thorman, assistant vice president at BankChampaign, stated that, "settlement is a breeze, and it takes away some of the potential for human error."
About Infovisa
Infovisa is a leading provider of financial technology solutions delivered to forward-thinking trust, wealth management, and retirement professionals. Infovisa's solutions empower its clients to acquire new customers, invest assets effectively, manage trust and investment portfolios efficiently, and flexibly report results to customers. Infovisa has over $120 billion in assets under administration on its trust and wealth management platform.
For more information about Infovisa, visit http://www.Infovisa.com.
About Fifth Third
Fifth Third Bancorp is a diversified financial services company headquartered in Cincinnati, Ohio, and the indirect parent company of Fifth Third Bank, National Association, a federally chartered institution. As of June 30, 2022, the Company had $207 billion in assets and operates 1,080 full-service Banking Centers, and 2,153 Fifth Third branded ATMs in Ohio, Kentucky, Indiana, Michigan, Illinois, Florida, Tennessee, West Virginia, Georgia, North Carolina and South Carolina. In total, Fifth Third provides its customers with access to approximately 56,000 fee-free ATMs across the United States. Fifth Third operates four main businesses: Commercial Banking, Branch Banking, Consumer Lending, and Wealth & Asset Management. Fifth Third is among the largest money managers in the Midwest and, as of June 30, 2022, had $512 billion in assets under care, of which it managed $54 billion for individuals, corporations and not-for-profit organizations through its Trust and Registered Investment Advisory businesses. Investor information and press releases can be viewed at http://www.53.com. Fifth Third's common stock is traded on the NASDAQ® Global Select Market under the symbol "FITB."
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Media Contact
Brandon Tipton, Infovisa, 1 7048923270, [email protected]
SOURCE Infovisa
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