WESTERLY, R.I.--(BUSINESS WIRE)--
Washington Trust Wealth
Management and UNAPEN,
Inc. are pleased to announce the second phase of an enterprise
rollout of UNAPEN's CLIENTLOGIX CRM and Business Intelligence platform.
Washington Trust's Wealth Management division chose UNAPEN's flagship CLIENTLOGIX
platform in late 2007 to integrate all of its sales and client service
activities across its four wealth management divisions: Washington Trust
Investors (WTI), 1800 Asset Management (1800), Weston Financial Group,
Inc. (Weston) and Trust & Estate Services. The first phase of the system
went live at 1800, WTI and Trust & Estate Services in the spring of 2008.
Galan G. Daukas, Washington Trust executive vice president of Wealth
Management, said, "We turned to UNAPEN's CLIENTLOGIX platform and their
professional services team to provide this critical solution. They took
a great platform and with minimal customization, crafted the exact
solution for our business requirements. The first phase was a complete
success, paving the way for this next phase."
The second phase includes implementing CLIENTLOGIX at Weston, as well as
providing trading support for Smartleaf's portfolio rebalancing system
and integration with Concord Wealth Management's open architecture
platform. The solution consolidates and manages information among the
bank's business units and their external investment platform vendors.
Barbara J. Perino, Washington Trust senior vice president of Operations
and Technology, said, "CLIENTLOGIX offers a single point of control, in
an easy-to-use application. We can consolidate information from many of
our existing systems and reduce support overhead, while providing a
better experience for our end-users."
Joe Walker, president and CEO of UNAPEN, said, "Washington Trust
recognized the growing need in bank-based wealth management for much
more than a traditional CRM can deliver. UNAPEN is thrilled to be at the
center of this next generation platform at Washington Trust that will
set the benchmark for profitable and successful wealth management
businesses of all types."
About Washington Trust
Washington Trust Wealth Management is a division of The
Washington Trust Company, a subsidiary of Washington
Trust Bancorp, Inc., (NASDAQ Global Select, symbol: WASH). With
approximately $4 billion in assets under administration, Washington
Trust Wealth Management is the largest wealth management firm in Rhode
Island and is one of the premier firms in New England. Washington Trust
Wealth Management has offices in Providence, Westerly, and Narragansett,
R.I. and Wellesley, Mass. Additional information is available on the
Washington Trust Wealth Management web site: http://www.washtrust.com/home/wealth.
UNAPEN, founded in 1991, is a nationally recognized software development
firm that provides solutions tailored for wealth managers & family
offices, bank & trusts, and Institutional managers. UNAPEN's technology
and financial services experts specialize in streamlining operations and
workflow across organizations to help your business grow assets,
minimize overhead and provide you a strategic competitive edge over
other firms. UNAPEN offers CRM and automated client reporting software,
managed IT services, business continuity, custom development, systems
integration and strategic consulting. For more information, visit www.unapen.com
or call (203) 269-6111.
Source: The Washington Trust Company