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Albridge Solutions Enables Greater Versatility for Registered Investment Advisors

Albridge Solutions Enables Greater Versatility for Registered Investment Advisors

February 7, 2005 – Albridge Solutions (formerly StatementOne), the industry leader in enterprise financial data consolidation and performance reporting, has expanded its service options to provide Registered Investment Advisor firms with the flexibility needed to create custom solutions that satisfy their unique business requirements.

RIA firms can subscribe to individual Wealth Reporting services or select from a variety of bundled offerings that include technical training and support, Web Services, Data Aggregation, Fee Billing and Albridge Solutions new Advisor Benchmark Reports.

"Albridge's growth and success has not only been based in the quality of product we offer but also the quality of support we provide to our customers," said Greg Pacholski, President and CEO. "Our focus on expansion does not diminish our continuing commitment to provide the best solutions available that will enable the most productivity and competitiveness for advisors."

Albridge Wealth Reporting for RIAs enables users to view their entire book of business in one Web-based application and analyze their customer base though a wide assortment of reports. This solution is provided as an ASP service with no software to install or manage and is proactively supported through Albridge Client Services.

"Time spent managing technical applications lessens the time advisors have to build and maintain client relationships," said Stuart Tarmy, Vice President, Marketing. "Albridge's services are designed with speed and efficiency in mind and are extremely easy to use."

About Albridge Solutions (formerly StatementOne)

Albridge Solutions consolidates investment account data from over one thousand product families. The data is used by the enterprise for multiple purposes, including: 1) Albridge Wealth Reporting for Web-based portfolio accounting and performance reporting, 2) a Web Services platform that securely passes consolidated information to other applications such as analytic, financial planning and CRM applications, and 3) creating a data warehouse that is used to power internal enterprise applications such as commissions and compliance. Albridge Solutions currently manages account data for more than 85 financial institutions, representing over $500 billion in assets, tens of thousands of financial advisors, and millions of investors. Their current clients include independent broker-dealers, banks and insurance companies.

Media Contact
Gene King
Keating & Co.
973-966-1100