New Technology Levels Playing Field in Separate Accounts Market; Institutions Soon to Have Additional Tools for Attracting Investors

Apr 10, 2001, 01:00 ET from Separate Account Solutions

    DALLAS, April 10 /PRNewswire/ -- Separate Account Solutions
 (www.separateaccounts.com), a leader in providing open, wholesale separate
 account platforms to innovative financial institutions, today announced the
 launch of its proprietary technologies, SAMBA3000(TM) and INVESTCOMM3000(TM),
 the first of their kind to allow all financial institutions to compete in the
 separate accounts marketplace currently controlled by the five largest
 wirehouse brokerage firms.
     SAMBA3000 and INVESTCOMM3000, in concert with the Investructure(TM)
 platform, offer institutions customer-focused technology, resources and
 expertise unparalleled by today's separate account wholesale offerings.  The
 platform will launch with access to approximately 120 money management
 products provided by more than 40 professional money managers.  In addition, a
 turnkey launch of a branded separate account product is made simple and
 expedient by leveraging Separate Account Solutions' Web technology and teams
 of licensed relationship managers.
     "The Investructure platform is currently the only wholesale separate
 accounts offering that enables financial institutions to deploy a separate
 account offering with no upfront investment often within weeks of partnering
 with us," said Kevin Freeman, chairman of Separate Account Solutions.
 "Investor tools set us apart.  From being able to talk to a licensed advisor
 right through your computer over the Internet to empowering financial advisors
 to access and service customers from virtually any Internet port, our focus is
 on serving the investment needs of our customers and their clients."
 
     SAMBA3000
     SAMBA3000 is an open architecture system offering institutions a multi-
 broker conduit that integrates a financial institution's systems with those of
 professional money managers allowing directed trading and custody, robust Web
 interfaces and reporting, and state-of-the-art customer relationship services.
 In addition, the system provides a seamless interface for the investor by
 matching the look and feel of the institution's Web sites.  SAMBA3000 provides
 options for regular and ad hoc reporting, also dynamically branded as defined
 by each business partner.  SAMBA3000 is a back-office solution for managing
 separate account bookkeeping functions, including portfolio accounting,
 reconciliation, branded performance reporting and quarterly billing.
 
     INVESTCOMM3000
     INVESTCOMM3000 is a proprietary state-of-the-art communications
 application designed to provide superior management of customer relations.
 INVESTCOMM integrates with SAMBA giving online brokerages, banks and other
 financial institutions the option to offer investors client support and
 reporting through internal advisors with back-office assistance from Separate
 Account Solutions or client support can be outsourced to Separate Account
 Solutions relationship management professionals.
 
     Customer Service and Investor Advice
     As a licensed investment advisor, Separate Account Solutions offers
 institutions the ability to empower dedicated teams of SEC Series 65
 registered representatives to offer support and guidance to clients under such
 institutions' own brand.  Or, if institutions prefer, their existing
 relationship managers can continue to maintain direct client contact and
 utilize the Separate Account Solutions teams as back-office support.
 
     Online Voice Chat, Online Text Chat, Collaborative Browsing and Secure
 Messaging
     As part of the customer service option, Investors and advisors may select
 their preferred method of communicating with the Separate Account Solutions
 client support teams.  A suite of communications methods including telephone,
 online voice chat, online text chat, collaborative browsing, and secure
 messaging cater to affluent investors preferences are seamlessly integrated.
 Investors and alliance partners have convenient access to account information
 and financial advice.  Investors can view their account balances, holdings and
 request reports and statements via an Internet connection while talking over
 the same connection with a customer support team member.
     Customer service from anywhere becomes more of a reality due to
 INVESTCOMM3000's comprehensive Web interface and connectivity.  By developing
 Web-enabled applications and creating secure tunnels for communication and
 access, Separate Account Solutions provides advisors with access to their
 clients' accounts and to the Separate Account Solutions relationship managers
 over the Internet from almost any locale.  Using the voice over Internet
 protocol, advisors will be able to ask questions, enact changes to accounts
 and provide updated or new information instantly with Separate Account
 Solutions' account support teams.
 
     ** Demonstration Available
        Separate Account Solutions will provide media, analyst and potential
        partners with live demonstrations of the platform's capabilities.  Call
        the contact numbers listed below to schedule a time for a
        demonstration.
 
     About Separate Account Solutions
     Separate Account Solutions, Inc., www.separateaccounts.com, is a provider
 of wholesale separate account delivery platforms to traditional and online
 financial services firms.  With Separate Account Solutions' proprietary,
 Investructure(TM) platform, financial institutions gain access to more than
 40 professional money managers, Separate Account Solutions' regulatory
 solutions, operational consulting, investor and advisor support teams and one
 of the most comprehensive dynamically branded web solutions available today.
 The collection of these applications and services allows almost any financial
 institution to compete favorably with the big five wirehouse brokerage firms
 who today control approximately 80% of the separate accounts market.
 
      Edelman Public Relations
      Glen Orr, 214.443.7558
      Separate Account Solutions
      Jim Griffith, 831.620.1029
 
 

SOURCE Separate Account Solutions
    DALLAS, April 10 /PRNewswire/ -- Separate Account Solutions
 (www.separateaccounts.com), a leader in providing open, wholesale separate
 account platforms to innovative financial institutions, today announced the
 launch of its proprietary technologies, SAMBA3000(TM) and INVESTCOMM3000(TM),
 the first of their kind to allow all financial institutions to compete in the
 separate accounts marketplace currently controlled by the five largest
 wirehouse brokerage firms.
     SAMBA3000 and INVESTCOMM3000, in concert with the Investructure(TM)
 platform, offer institutions customer-focused technology, resources and
 expertise unparalleled by today's separate account wholesale offerings.  The
 platform will launch with access to approximately 120 money management
 products provided by more than 40 professional money managers.  In addition, a
 turnkey launch of a branded separate account product is made simple and
 expedient by leveraging Separate Account Solutions' Web technology and teams
 of licensed relationship managers.
     "The Investructure platform is currently the only wholesale separate
 accounts offering that enables financial institutions to deploy a separate
 account offering with no upfront investment often within weeks of partnering
 with us," said Kevin Freeman, chairman of Separate Account Solutions.
 "Investor tools set us apart.  From being able to talk to a licensed advisor
 right through your computer over the Internet to empowering financial advisors
 to access and service customers from virtually any Internet port, our focus is
 on serving the investment needs of our customers and their clients."
 
     SAMBA3000
     SAMBA3000 is an open architecture system offering institutions a multi-
 broker conduit that integrates a financial institution's systems with those of
 professional money managers allowing directed trading and custody, robust Web
 interfaces and reporting, and state-of-the-art customer relationship services.
 In addition, the system provides a seamless interface for the investor by
 matching the look and feel of the institution's Web sites.  SAMBA3000 provides
 options for regular and ad hoc reporting, also dynamically branded as defined
 by each business partner.  SAMBA3000 is a back-office solution for managing
 separate account bookkeeping functions, including portfolio accounting,
 reconciliation, branded performance reporting and quarterly billing.
 
     INVESTCOMM3000
     INVESTCOMM3000 is a proprietary state-of-the-art communications
 application designed to provide superior management of customer relations.
 INVESTCOMM integrates with SAMBA giving online brokerages, banks and other
 financial institutions the option to offer investors client support and
 reporting through internal advisors with back-office assistance from Separate
 Account Solutions or client support can be outsourced to Separate Account
 Solutions relationship management professionals.
 
     Customer Service and Investor Advice
     As a licensed investment advisor, Separate Account Solutions offers
 institutions the ability to empower dedicated teams of SEC Series 65
 registered representatives to offer support and guidance to clients under such
 institutions' own brand.  Or, if institutions prefer, their existing
 relationship managers can continue to maintain direct client contact and
 utilize the Separate Account Solutions teams as back-office support.
 
     Online Voice Chat, Online Text Chat, Collaborative Browsing and Secure
 Messaging
     As part of the customer service option, Investors and advisors may select
 their preferred method of communicating with the Separate Account Solutions
 client support teams.  A suite of communications methods including telephone,
 online voice chat, online text chat, collaborative browsing, and secure
 messaging cater to affluent investors preferences are seamlessly integrated.
 Investors and alliance partners have convenient access to account information
 and financial advice.  Investors can view their account balances, holdings and
 request reports and statements via an Internet connection while talking over
 the same connection with a customer support team member.
     Customer service from anywhere becomes more of a reality due to
 INVESTCOMM3000's comprehensive Web interface and connectivity.  By developing
 Web-enabled applications and creating secure tunnels for communication and
 access, Separate Account Solutions provides advisors with access to their
 clients' accounts and to the Separate Account Solutions relationship managers
 over the Internet from almost any locale.  Using the voice over Internet
 protocol, advisors will be able to ask questions, enact changes to accounts
 and provide updated or new information instantly with Separate Account
 Solutions' account support teams.
 
     ** Demonstration Available
        Separate Account Solutions will provide media, analyst and potential
        partners with live demonstrations of the platform's capabilities.  Call
        the contact numbers listed below to schedule a time for a
        demonstration.
 
     About Separate Account Solutions
     Separate Account Solutions, Inc., www.separateaccounts.com, is a provider
 of wholesale separate account delivery platforms to traditional and online
 financial services firms.  With Separate Account Solutions' proprietary,
 Investructure(TM) platform, financial institutions gain access to more than
 40 professional money managers, Separate Account Solutions' regulatory
 solutions, operational consulting, investor and advisor support teams and one
 of the most comprehensive dynamically branded web solutions available today.
 The collection of these applications and services allows almost any financial
 institution to compete favorably with the big five wirehouse brokerage firms
 who today control approximately 80% of the separate accounts market.
 
      Edelman Public Relations
      Glen Orr, 214.443.7558
      Separate Account Solutions
      Jim Griffith, 831.620.1029
 
 SOURCE  Separate Account Solutions