RBC Taps Salesforce and Others for Broker, Wealth Custody Platform

The full platform, leveraging an open API architecture and multiple third-party providers, will enter beta testing in early 2021.

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​RBC Clearing & Custody, Royal Bank of Canada’s newly-rebranded Correspondent and Advisor Services division, is building a new investment platform for servicing broker-dealer and registered investment advisor (RIA) clients. As part of an ongoing technology refresh to support a major growth spurt, the platform will use an open API architecture and a backbone based on Salesforce.

The technology changes being introduced stem from a decision originally taken around three years ago to improve the

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