Adhesion Technologies' EA2 Ranked Number One by Celent Communications for Wealth Management Data Consolidation.Business Editors/High-Tech Writers CHARLOTTE, N.C.--(BUSINESS WIRE)--Oct. 16, 2002 Adhesion Technologies, Inc. announced today that Celent Communications has ranked Adhesion's EA2 Financial Consolidation Platform as the number one provider of wealth management data consolidation for the mass affluent Mass affluent and emerging affluent are marketing terms used to refer to the growing high end of the mass market. It is most commonly used by the financial services industry to refer to individuals with US$100,000 to US$1,000,000 of liquid financial assets,[1] market. The report, "Ranking the Vendors of Wealth Management Technology 2002: Data Consolidation", published on October 15, 2002, provides an analysis of wealth management technology from six vendors. "We awarded Adhesion Technologies the number one ranking due to both their technology and their considerable progress in penetrating the top tier of the wealth management market in the past year," said Sang Lee, co-author co·au·thor or co-au·thor n. A collaborating or joint author. tr.v. co·au·thored, co·au·thor·ing, co·au·thors To be a collaborating or joint author of: "He and a colleague . . . of the report. "The solution is well-suited to enable financial institutions to deliver new, value-added wealth management services due to Adhesion's focus on post-aggregation data normalization See normalization. and enrichment. EA2 delivers to financial institutions truly usable data that can be acted upon by planning and analysis tools." "This clearly is important recognition for Adhesion Technologies. We have stayed very focused on our product objectives of delivering high quality financial data consolidation for the powering of wealth management services," said Michael Stier, Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. at Adhesion. "We are gratified grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to see the results in our growing customer and partner base, and our reputation as a preeminent pre·em·i·nent or pre-em·i·nent adj. Superior to or notable above all others; outstanding. See Synonyms at dominant, noted. [Middle English, from Latin prae provider of wealth management data solutions." About Adhesion Technologies Adhesion is a leading provider of software solutions for financial account consolidation, both for internal accounts and those held away. Adhesion's EA(2) Financial Consolidation Platform enables financial institutions and services providers (FSP's) to create value-added and differentiating wealth management services for their customers. Focused exclusively on solutions for FSP's from the outset, and heavily staffed with financial industry veterans, Adhesion delivers a highly functional financial account consolidation platform for banking (private, commercial, retail), broker-dealer, financial advisory and asset management clients providing the ability to deploy EA(2) and seamlessly integrate it with their existing technology and wealth management applications. Adhesion is headquartered in Charlotte, North Carolina “Charlotte” redirects here. For other uses, see Charlotte (disambiguation). Charlotte is the largest city in the state of North Carolina and the 20th largest city in the United States. and can be reached at www.adhesiontechnologies.com or sales@adhesiontechnologies.com. About Celent Celent Communications is a management consultancy focused on the role of e-commerce and the Internet in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. In addition to strategy consulting, Celent provides its clients with continuous advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal , keeping banks, brokerage firms and insurance companies up to date on the latest developments in financial services. More information on the report, "Ranking the Vendors of Wealth Management Technology 2002: Data Consolidation" can be found at www.celent.com. |
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