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StatementOne and CashEdge To Provide Cambridge Investment Research With Integrated Data Consolidation and Aggregation Solution

January 22, 2004 - Lawrenceville, NJ - StatementOne, the industry leader in enterprise financial data consolidation and performance reporting, and CashEdge, Inc., a provider of secure online money movement and advanced account aggregation platforms, have partnered with Cambridge Investment Research, Inc. to provide Cambridge's Reps/Advisors with a combined data aggregation and consolidation solution. The announcement was made today at FPA's Broker-Dealer Conference.
The integrated solution will enable Cambridge Investment Research to deliver an enhanced level of service to its advisors based on comprehensive client data. "Cambridge Investment Research is the first independent broker-dealer to offer the combination of enterprise data consolidation with data aggregation to provide comprehensive data coverage to every client," said Jim Guy, Chief Marketing Officer of Cambridge Investment Research.

"Through StatementOne our Reps/Advisors have made a huge leap in portfolio advisory capabilities, client communication, and practice management. By coupling that data with CashEdge's advanced data aggregation of held-away assets we are expanding our reach across a client's complete financial portfolio. This empowers our Reps/Advisors to deliver a more comprehensive level of advice while generating additional fee income," Guy explained.

"We are excited to be working with a forward looking organization like Cambridge," said Sanjeev Dheer, CEO of CashEdge. "We are increasingly witnessing the marriage of data consolidation and external aggregation as must-have functionality. As the first independent broker-dealer to implement an integrated solution, Cambridge is a bellwether for increased adoption among the broker-dealer community," he added.

"We are pleased to be announcing these important partnerships at the FPA Broker-Dealer Conference," said Greg Pacholski, StatementOne's chief executive officer and president. "The positive response we are seeing to our partnership with CashEdge underscores the quality of our products and reinforces the industry demand for an integrated solution," he concluded.

About Cambridge Investment Research, Inc.

Established in 1995, Cambridge Investment Research, Inc. is registered broker dealer. Cambridge emerged from its sister broker-dealer, Eneric Financial Services, Inc, which was established in 1981, in part to better meet the needs of Representatives with RIA activities. The Cambridge of today combines the small-town traditions of honest hard work, common sense solutions, and courteous personal service with the large-firm opportunities of cutting edge technology, economies of scale, and comprehensive product selection.

About CashEdge

CashEdge provides infrastructure that global financial institutions rely on to extend their online channels and enhance customer profitability. CashEdge delivers secure Online Money Movement and Advanced Account Aggregation platforms that power specialized retail banking and advisor applications. These proven solutions enable CashEdge's clients to create compelling online offerings that attract customers, generate revenues, and reduce costs. CashEdge serves over 80 financial institutions in North America including Citibank, Charter One Bank, Vanguard, RBC Financial Group, and CIBC. CashEdge has offices in New York and Silicon Valley. For more information on CashEdge, please visit their Web site at www.cashedge.com.

About StatementOne

Founded in 1993, StatementOne consolidates enterprise investment account data, delivering a powerful, easy-to-use Web-based portfolio accounting and performance reporting solution to financial institutions. StatementOne's Web Services platform allows a seamless secure way to pass valuable consolidated information from the StatementOne database to other critical applications in an advisor's practice such as business planning, analytic, product development and CRM applications. StatementOne currently manages account data for more than 65 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. For more information, contact Stuart Tarmy at 609-806-0227.