News

Wall Street Financial Inks Contract with StatementOne...

NOVEMBER 20, 2001

LAWRENCEVILLE, NJ – StatementOne, the industry leader in enterprise financial data aggregation and performance reporting announced today that independent broker/dealer Wall Street Financial Group (Wall Street) has signed an agreement to integrate StatementOne's proprietary, web-based data consolidation and performance reporting platform into their technology infrastructure.

"We understand that our success depends on the quality of service we provide to our representatives, including outstanding support and top-quality financial products. Our system of dedicated relationship managers and our commitment to productivity-improving technology makes us a unique firm with which to do business," says Wall Street's Michael Bewley. He adds, "Partnering with StatementOne is a logical enhancement to our technological initiatives, and will not only give our representitives a competitive edge, it will also enable them to provide better and more timely advice to their clients."

StatementOne's proprietary direct-feed data collection and normalization technology enables financial institutions, their advisors and their investor clients to consolidate and report on a client's holdings from virtually any internet-connected computer. "StatementOne's web-based consolidation solution provides a proven way in which broker/dealers and other financial institutions can help boost their top-line revenue, while at the same time reducing administrative costs. It's a win-win solution all around," adds Greg Pacholski, StatementOne's president and chief operating officer.

About Wall Street Financial Group...

Rochester, NY-based Wall Street Financial Group is registered with the National Association of Securities Dealers (NASD) and is a Registered Investment Advisor (RIA) listed with the Securities and Exchange Commission (SEC). The firm is licensed in all 50 states and Puerto Rico and offers products from over 80 mutual fund companies and 50 insurance companies. For more information about Wall Street Financial Group, please contact Michael Bewley at (800) 836-4652.

About StatementOne...

StatementOne currently manages account data for over $65 billion (U.S.) in assets, representing more than 16,500 financial advisors and over 1,400,000 investors and 3,200,000 individual accounts. They provide a secure, Web-based, turnkey service which delivers securities account aggregation, consolidated statements and performance reporting to branch managers, registered representatives and their clients (investors). Utilizing direct data-feeds from custodians and clearing houses, it maintains data accuracy and relationships without the aid of the labor-intensive manual data-gathering or data entry often required with other portfolio management solutions.

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