TE_TECHNOLOGY REVIEW_ Penton Media May 14, 2009 If you want to view this on the web go to: http://enews.penton.com/enews/trustsandestates/v/159 FEATURE STORY --TrustPortal By Donald H. Kelley It's more than trust accounting. It's also -- a wealth management tool for trust and investment management Kelley Rating (one asterisk = lowest, five asterisks = highest): *Ease of navigation, design of interface and learning curve **** *Instructional documentation and help system *** *Carries out the goal of the product as advertised **** *Overall usefulness **** TrustPortal (http://www.northerntrust.com/pws/jsp/display2.jsp?XML=pages/nt/0504/82144442_4660.xml) (from Northern Trust Correspondent Services) is designed to serve trust departments, wealth management providers, planned giving offices and family offices. It combines accounting, reporting and investment management into an integrated web-based platform. TrustPortal also provides comprehensive wealth management tools for banks and other wealth advisors and is not tied to the size or type of organization. As a web-based facility, it provides paperless storage of data and reports. TrustPortal automates fee processing and cash management, including scheduling receipts and disbursements, and includes single- and multi-ledger cash accounting. It also performs client relationship management functions. TrustPortal includes task management, import of data from third parties and automation of trades and sweeps. This facility integrates trading and portfolio management with back office operations and administration. Compliance rules can be set and automatically monitored. The user may develop the ability to trade through TrustPortal for self-directed clients. To continue reading article click here (http://trustsandestates.com/wealth_watch/wealth-management-tool-trust-investment-management). Advertisement ---------------------------------------- Get Your Billing Under Control Automate complex billing processes, from fee creation to accounts-receivable management with Advent Revenue Center(R). Reduce billing errors and improve insight into your revenue base. Streamline and automate your revenue management system to avoid uncomfortable billing conversations. Find out if Advent Revenue Center is right for you, go to the interactive calculator: http://www.advent.com/solutions/wealth_managers/axys_platform/revenuecenter. ---------------------------------------- Advertisement ---------------------------------------- Participate in Web-based Estate Tax Survey WealthCounsel will award $10,000 to the first estate planning attorney who correctly predicts what the new estate tax exemption amount and marginal estate tax rate will be following action by Congress. This contest is open to attorneys who devote at least 50% of their practice to estate planning. Take survey now. http://www.wealthcounsel.com/Attorneys_estatetaxsurvey.aspx ---------------------------------------- Advertisement ---------------------------------------- Covering Your Assets! Recent tax-court victories have breathed new life into family limited partnerships. If you would like a copy of this article, please click here (http://www.costbasis.info/wwwapp_x/emailappraisea.aspx). Evaluation Services Inc., developers of APPRAISE, provide stock and bond valuations which stand up to an IRS audit. Call us at 888-ESI-4706 or click here (http://www.appraisenj.com/ESI/trustsandestates.html) for more information. ---------------------------------------- ABOUT THIS NEWSLETTER Mission Statement: A review of software, internet resources and web-based services useful to professionals in the Trusts & Estates area. You are subscribed to this newsletter as #email# To unsubscribe from this newsletter go to: http://subscribe.trustsandestates.com/?tc=NLSUB&cid=#message_id#&lid=#list_id#&email=#email# To subscribe to this newsletter go to: http://subscribe.trustsandestates.com/subscribe.cfm For information on advertising in this newsletter, please contact Rich Santos, Group Publisher at mailto:rich.santos@penton.com. For questions concerning delivery of this newsletter, please contact our Customer Service Department at: US Toll Free: 866-505-7173 International: 847-763-9504 or mailto: trustsandestates@pbinews.com To get this newsletter in a different format (Text or HTML), or to change your e-mail address, please go to your profile page here: http://subscribe.svconline.com/?tc=NLSUB&email=#email# Penton Media | 249 W. 17th Street | New York, NY 10011 Copyright 2009, Penton Media. All rights reserved. This article is protected by United States copyright and other intellectual property laws and may not be reproduced, rewritten, distributed, re-disseminated, transmitted, displayed, published or broadcast, directly or indirectly, in any medium without the prior written permission of Penton Media.