The additional functionality to Wells Fargo’s online Trust Portfolio Reporting tool includes a series of interactive screens that provide a variety of information at a glance, including market value, asset allocation, real-time cash balances and real-time settled transactions, Wells Fargo said in a news release.
Trust Portfolio Reporting is available through
Wells Fargo’s online business portal, Commercial
Electronic Office (CEO).
In addition, new online tools are expected to be introduced in 2007 to clients using its Wells Fargo Investment Guideline Monitoring service, which is an automated system designed to monitor an institution’s investments for risk exposure limits and compliance with investment and regulatory guidelines, the firm said.
“These new tools are the result of collaboration with our clients to identify opportunities for improvement,” said Beth Baumann, director of trust and custody products for Wells Fargo Institutional Trust Services, in the news release.