Following completion of its parent's merger with BB&T Financial Corp. later this month, what is now Southern National Bank will be installing a system to streamline its securities trading operations.

The Winston-Salem, N.C.-based institution - to be renamed Branch Bank and Trust - signed a licensing agreement with Sungard Financial Systems Inc. for its Advanced Portfolio System, which handles securities processing and reporting.

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.