News

StatementOne Provides Ogilvie With A Holistic Consolidated Data Solution

Web-based consolidated portfolio accounting and performance reporting solution adopted to help advisors provide better service for their clients

September 25, 2003 - Lawrenceville, NJ - StatementOne, the industry leader in enterprise financial data consolidation and performance reporting, announced today that Ogilvie Security Advisors Corp. would deploy StatementOne's solution to their representatives nationwide.

"With StatementOne, we now have the infrastructure that gives advisors the ability to more efficiently manage their practice and provide better service to their clients," said Debra Hoag, president of Ogilvie Security Advisors Corp. She added, "Our relationship with the DTCC and utilization of the NSCC-IPS interface will greatly enrich the breadth of data available in the StatementOne solution. This enhanced data stream gives planners a more comprehensive view of their clients' holdings and allows deeper-level performance reporting and account management."

We are pleased that our expanded efforts and our relationship with the DTCC will benefit Ogilvie Security Advisors," said Greg Pacholski, President and CEO of StatementOne. He added, "This partnership will provide broker dealers and advisors access to traditional insurance products which have historically have been difficult to obtain."

About Ogilvie Security Advisors Corporation

Based in Chicago, IL, Ogilvie Security Advisors Corp. is a full-service broker-dealer serving independent investment professionals nationwide with an emphasis on advanced life insurance producers. With over two hundred independent representatives across the United States, Ogilvie Security Advisors Corp. is a member of the National Association of Securities Dealers (NASD) and Securities Investors Protection Corporation (SIPC). Additional information can be found on their Web site at http://www.ogilviesecurity.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, compliance and CRM applications.

StatementOne currently manages account data for more than 60 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, credit unions and insurance companies.

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