News

StatementOne Nominated For Prestigious Computerworld Honors Program

November 3, 2000

StatementOne Praised for “Innovative Use of Information Technology”

Lawrenceville, NJ - Lawrenceville, NJ - November 3, 2000 - StatementOne announced today that the company, an industry leader in financial data aggregation and consolidated financial statements, has been selected by the Computerworld Honors Program for inclusion into the "A Search for New Heroes" Archives Online and Permanent Research Collection of the Affiliated Academic Council. StatementOne was honored for its visionary Web platform StatementOne.com.

"StatementOne is truly honored to be recognized by the prestigious Computerworld Honors Program," stated StatementOne's chairman and CEO, Lou Gerber. "We believe StatementOne.com represents a breakthrough that will literally transform the financial services industry. It produces a secure, straightforward, up-to-the-minute financial statement that allows financial professionals and individual investors to make the very best, most informed decisions possible. In short, StatementOne.com is about maximizing the financial health of individuals."

StatementOne was nominated for inclusion into the Computerworld Honors Program by Bill Ruckle, Managing Partner of Cap Gemini Ernst & Young. Each year, the Program honors men and women from around the world whose visionary use of Information Technology produces and promotes positive social, economic and educational change. Chairmen of the world's leading Information Technology companies nominate innovators such as StatementOne. Upon completion of a Case Study, StatementOne will be accorded a permanent place at one of the Academic Council's member institutions as well as becoming part of the Computerworld Honors Archives Online. The Archive will be used by scholars, students, educators and business people as a valuable resource documenting how Information Technology benefited society during the IT revolution.

StatementOne develops products that enable broker/dealers, financial advisors, and investors to accurately and instantly gauge the progress of their financial information. The company's first-line product is a web platform called "StatementOne.com," a performance-optimized tool designed to give financial advisors and their clients powerful consolidated statements and performance reporting. StatementOne.com is powered by a data processing system known as the Financial Data Network (FDN). Over six years in development, the FDN securely gathers, cleans and stores diverse financial information from numerous data sources or interfaces, without the aid of manual or even advisor-level data gathering, as with other portfolio management systems. StatementOne.com consolidates transactional level financial data for institutions and their clients and runs reports for any mix of accounts in real time.

For more information contact StatementOne at marketing@statementone.com.