Case Study: Trust Company of America achieves 75% faster development and lower costs with Rocket Software

Trust Company of America Reduce Development Time and Costs on Complex Trading and Back-office Systems

Trust Company of America, the largest independent RIA custodian in the U.S., needed a faster way to manage complex trading and back-office systems while meeting changing regulations and cost-basis reporting requirements. Its legacy RDBMS approach was expected to be expensive, hard to administer, and slow to build, especially for real-time what-if trading and large-scale transaction processing.

Rocket Software implemented the Rocket MultiValue Application Platform to support TCA’s core custodial and trading applications. With Rocket Software, TCA completed the project 75% faster, in six months instead of the two years estimated, eliminated a $500,000 annual outsourcing fee, and kept systems running 24x7 for 500 days with no scheduled downtime.

Trust Company of America

James Capps

CTO