Rapport smells like a rootkit. Do not install rootkits on your machine. If an antivirus says it's a keylogger, than in all probability that's exactly what it is. Do not install keyloggers on your machine. Do not disable keylogging detection.
You don't need any additional security for online banking. A simple https connection to the bank's Web site is more than secure enough.
Good security products fully disclose everything they do, because a secure product does not depend on obscurity. Good security products remove themselves completely from the system when uninstalled. Software vendors do not control your PC—you control your PC. A software vendor that installs rootkits and/or makes parts of its software unremovable or unremoved may be committing a crime in some jurisdictions, so potentially you can file a criminal complaint if the vendor will not cooperate with you.
It amazes and depresses me that people are still being hoodwinked into installing junk like this on their computers. It's even more amazing to see the cavalier attitude of the vendor. Would you let strangers root around in your wallet? Would you give them free access to your bank accounts? That's exactly what you are doing here.
I suspect that end users are not the only victims. I see a lot of little banks on the list, and hardly any of significant size. I think somebody is fooling them into suggesting this software as well.
This is a great example of social engineering. Quis custodiet ipsos custodes?