U.S. Bank spends on Systematic Tracking of Collateral

U.S. Bank has selected Rockall’s Systematic Tracking of Collateral (STOC) solution. STOC will be used for enterprise-wide monitoring and evaluation of marketable securities that collateralize credit facilities and commitments made by several business lines within U.S. Bank, including The Private Client Reserve in the Wealth Management Group, National Corporate Banking Broker Dealer division, and The Private Client Group. (Mark Jordahl, president of the U.S. Bank Wealth Management Group.) U.S. Bank, the 6th largest commercial bank in the United States, operates 2,850 banking offices and 5,173 ATMs in 24 states, and provides a comprehensive line of banking, brokerage, insurance, investment, mortgage, trust and payment services products to consumers, businesses and institutions.