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PRESS RELEASE DETAILS: Oakbrook Solutions Announces AM TRUST Support Center Offering
Oakbrook Solutions, Inc.
301 N. Main Street, Suite 2424
Winston-Salem, NC 27101
PRESS RELEASE
Oakbrook Solutions Announces AM TRUST Support Center Offering
New York, April 3, 2003 - Oakbrook Solutions, Inc. formally announces their AM TRUST Support Center offering. Included in this offering are product development, maintenance, regulatory changes, and 24 x 7 production support. For clients who decide to move off of the product, Oakbrook will also provide transition services. Fidelity Capital, the owners of the AM TRUST product, recently announced the discontinuance of further development and support for the product. The AM TRUST product has serviced 5 of the 10 largest banks in the country and other regional bank clients since the late 1980s. Oakbrook Solutions has a wealth of experience with AM TRUST and is currently providing AM TRUST maintenance, product development, and production support for an AM TRUST user bank.
Additionally, Oakbrook has provided various other types of support for other AM TRUST banks. Tony Painter, President of Oakbrook states, “There are many challenges facing users of large trust legacy applications such as AM TRUST. Most of the current providers of trust services are doing so on platforms conceived and developed in the 1970s and early 1980s. They all work and satisfy the core requirements of trust accounting and are transactional in nature. The problem is utilizing these transaction engines with today's technologies such as messaging, data warehousing, and integration with other bank applications. Few understand the complexities involved with this and even fewer have crafted a deliverable comprehensive product suite that positions these products for the years to come. Oakbrook is committed to making itself available to assist their clients with their future direction and delivery challenges.”
About Oakbrook Solutions, Inc.
Oakbrook Solutions Inc., is a privately held company owned by Tony Painter and Craig Cook established in late 1999. Oakbrook is a systems integration, delivery, and support company focused on the Trust, Brokerage, and Investment Management industry. Their focus is on the quality of delivery through the provision of expert services based upon 25 years of experience in this area. Their services are delivered via three operating groups, Technology, Consulting, and Staffing. They also provide their own developed products in cases where there is no industry-supported standard and provide support, maintenance and development services for various proprietary and industry products such as AM TRUST.
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