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Adhesion Technologies and netDecide Enter Into Wealth Management Partnership to Integrate Financial Data Consolidation With Financial Planning and Investment Analytics.


Business Editors/High-Tech Writers

BAI n. 1. a language spoken in the Dali region of Yunnan.

Noun 1. Bai - the Tibeto-Burman language spoken in the Dali region of Yunnan
Baic
 Retail Delivery Conference 2002

CHARLOTTE, N.C. & TYSONS CORNER, Va.--(BUSINESS WIRE)--Nov. 4, 2002

Adhesion Technologies, Inc. and netDecide(R), a developer of web-based wealth management software, today announced a strategic partnership to bring to market a wealth management solution consisting of their combined offerings.

As part of the agreement, the netDecide Wealth Management System (WMS WMS Warehouse Management System
WMS Web Map Service (open geospatial consortium specification)
WMS West Middle School (Rochester Hills, MI)
WMS Workforce Management Software
WMS Wechsler Memory Scale
) will be seamlessly integrated with Adhesion's EA2 Financial Consolidation Platform. The two companies will demonstrate the integrated solution in the IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  Community at the BAI Retail Delivery Conference & Expo in Atlanta, November 6-7. Visit Adhesion's booth # 318 or netDecide's booth #319 for more information.

Celent Communications recently selected Adhesion Technologies as the top ranked vendor for wealth management data consolidation and netDecide as the number one vendor for financial planning Financial planning

Evaluating the investing and financing options available to a firm. Planning includes attempting to make optimal decisions, projecting the consequences of these decisions for the firm in the form of a financial plan, and then comparing future performance against
 and advice in the recent report ranking wealth management technology vendors. "Celent believes that the integration of aggregated account data with wealth planning applications will be the core of any effective wealth management solution in the future," said Octavio Marenzi, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  of Celent Communications. "We are glad to see Adhesion Technologies and netDecide are taking a leadership role in this effort."

"The combination of the EA2 Financial Consolidation Platform with the netDecide WMS offers a comprehensive suite of wealth management tools and client information that increase advisor productivity and enhance the quality of financial advice," said Todd Johnson Todd Edward Johnson (born December 18, 1978 in Sarasota, Florida) is an American football safety for the St. Louis Rams of the NFL. He was selected with the third pick of the fourth round of the 2003 NFL Draft out of the University of Florida. , CEO of Adhesion. "Investors want confidence building, personalized per·son·al·ize  
tr.v. per·son·al·ized, per·son·al·iz·ing, per·son·al·iz·es
1. To take (a general remark or characterization) in a personal manner.

2. To attribute human or personal qualities to; personify.
 advice from financial advisors which can only be achieved when rigorous analysis is applied to their full financial situation . The combination of the industry leading capabilities of Adhesion and netDecide strongly demonstrates the value of this approach to both financial advisors and their clients."

The integration of netDecide's investment analytics and financial planning tools with the EA2 Financial Consolidation Platform will provide advisors with a seamless link to client accounts, both managed and held away from the firm. Adhesion collects client data from over 1,800 financial institutions, normalizes and enhances the information and then delivers it to the netDecide solution so that advisors have access to more client data and can provide holistic advice more efficiently.

"Adhesion and netDecide have shared a common goal from the inception, to service the business-to-business market and provide industry leading wealth management tools for advisors to use with their clients," said Raghu Chintala, CEO of netDecide. "We understand the requirements of the financial service industry for robust, accurate technology to automate and enhance the advice delivery process. Our combined offering is the next evolution in providing financial service firms with a platform that enables advisors to provide actionable advice and strengthen the relationship with their clients."

About Adhesion Technologies

Adhesion Technologies, Inc. (www.adhesiontechnologies.com) 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, ranked #1 in wealth management data consolidation by Celent Communications, enables financial institutions and services providers (FSP's) to create value-added and differentiated 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 sales@adhesiontechnologies.com.

About netDecide

netDecide Corporation provides banks, brokerage firms and insurance companies with the financial analytics and workflow tools to help their clients intelligently manage wealth. With over 80 modules and calculators, netDecide offers a comprehensive suite of wealth management tools that span the needs of a broad client base, from emerging affluent to ultra-high net worth. The solution drives down the time and cost to deliver financial advice and focuses on the key business drivers of a financial institution - asset growth and advisor productivity. netDecide's customers include firms such as Bank of America
See also:  and


Bank of America (NYSE: BAC TYO: 8648 ) is the largest commercial bank in the United States in terms of deposits, and the largest company of its kind in the world.
, Morgan Keegan, Legg Mason Founded in 1899, Legg Mason, Inc. (NYSE: LM) is a leading Global Asset Management Firm that serves the institutional, mutual fund and wealth management markets. The firm is headquartered in Baltimore, Maryland, and is located on Lombard and Charles Streets in the Legg Mason  Wood Walker and Robert W. Baird Robert Wilson Baird (born April 1, 1883) helped found the financial services firm that bears his name and led it for more than 40 years.

Baird’s father was a professor of Greek literature at Northwestern University in Evanston, Illinois, where Baird grew up.
. Based in Tysons Corner, Virginia Tysons Corner is an unincorporated place in Fairfax County, Virginia, near Washington, D.C. between McLean, Virginia and Vienna, Virginia along the Capital Beltway (I-495). Recognized by the U.S. , netDecide was established in 1996 and is a privately held corporation Noun 1. privately held corporation - a corporation owned by a few people; shares have no public market
close corporation, closed corporation, private corporation
.
COPYRIGHT 2002 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2002, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Nov 4, 2002
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