PNC Broker Unit Extends SunGard Pact

SunGard has announced that Hilliard Lyons, a Louisville, Ky., unit of PNC Financial Services Group Inc., has signed a multiyear renewal of its contract for the WealthStation wealth management technology platform.

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WealthStation combines front-to-back-office capabilities including financial planning; asset allocation; portfolio construction; and retirement income modeling into a single, integrated, point-and-click adviser tool, the Salt Lake City software company said on Monday.

Hilliard Lyons also chose SunGard's Retirement Income Simulation Expert, part of the company's integrated wealth management platform, for streamlined asset distribution capabilities. The Kentucky brokerage company has used the WealthStation software since 2004.

SunGard has annual revenue exceeding $4 billion from its software and processing solutions for financial services, higher education, and the public sector.


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