As part of a broad wholesale banking overhaul, BankAmerica Corp. is testing software that gives corporate customers greater control over accounts, while shifting some of their back-office tasks to the bank.

By taking over some of its customers' back-office processing, BankAmerica seeks to bind its customers more closely. State Street Boston Corp. is another bank that is aggressively taking on some of its clients' back-office work.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.