Comerica Inc. of Detroit has licensed Broadway & Seymour Inc.'s asset management accounting and securities processing software.

The new in-house software system, called Amtrust, will replace Comerica's trust accounting and asset management outsourcing relationship with SEI Corp. of Wayne, Pa. The five-year SEI deal expires in two years and will not be renewed, bank officials said.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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