American Independence Gains Efficiencies with Upstream Technologies.

BOSTON -- Upstream Technologies LLC, the Efficient Portfolio Company, and a leading provider of investment management solutions to the institutional and mutual fund industries, announced that American Independence Financial Services, LLC (formerly Arrivato Advisors) is its latest client to go live with the Upstream Investment Management System (IMS) and Order Management System (OMS) modules.

American Independence chose Upstream IMS to help manage its Lifecycle Funds and the Upstream OMS to execute trades directly to brokers of choice using third party trading algorithms. Using the Upstream platform, American Independence is able to go from concept validation through trade execution in a single, integrated environment.

Eric Rubin, President of American Independence Financial Services, stated, "The mutual fund market is highly competitive, so we chose to differentiate ourselves by combining innovative management of our Lifecycle Funds with advanced technology. Upstream allows us to test our market insight, evaluate trades and measure their impact prior to execution. This has enabled us to make more informed decisions and drive down operating expenses for our clients and investors."

"The advantage I gain by using Upstream is that I am able to integrate risk into my decision criteria, enhancing my ability to replicate the performance of our funds to their respective indexes," says Jared Goldstrom, portfolio manager at American Independence. "In addition, we are able to gain efficiencies and reduce expenses by consolidating roles. Using the advanced technologies of Upstream and preferred third party trading strategies, I am able to effectively act as portfolio manager and trader with complete transparency and control throughout the investment process," added Goldstrom.

"The industry prognosticators have predicted that economics and technology will eventually drive the convergence of the portfolio manager and securities trader roles at many firms," said Mark Hoffman, President and CEO of Upstream Technologies. "American Independence has clearly demonstrated that money managers need not wait for the future to realize the improved operating efficiencies of this new paradigm, but can begin doing so today through the use of the Upstream solution."

About Upstream

Upstream Technologies, the Efficient Portfolio Company, is a leading provider of powerful investment management solutions for today's asset managers. The Upstream integrated suite of products combines industry accepted best-practices with advanced technology to deliver a unique, proven system that streamlines the investment management process. By automating many of the repetitive tasks, asset managers quickly and seamlessly apply their market insight to develop active, high-performing portfolios. For more information please visit www.upstream.net.