Capital Institutional Services Wins 22 "Best in Class" Rankings from PLANSPONSOR's Transition Management Survey.DALLAS -- Capital Institutional Services, Inc. (CAPIS CAPIS Crisis Assessment Prevention Intervention Services CAPIS Customer Accessible Product Information System ), a leading institutional broker specializing in global agency trading and independent research distribution, has announced that its Transition Management team has been awarded 22 "Best in Class" rankings in PLANSPONSOR Magazine's 2007 Transition Management Survey. CAPIS received "Best in Class" honors in four client categories: Public Plans, Endowments and Foundations, Small US Transitions, and Consultants. The Consultant group gave CAPIS 14 Best in Class awards. As PLANSPONSOR noted, the consultants scored CAPIS "exceptionally well in all phases of the transition process." Endowments and Foundations recognized CAPIS for the clarity of its pre-transition analysis, discussion of operations, management and trading details, communication and adaptability to emergent problems. From the Public Plans, CAPIS received accolades for the timeliness of its post-transition report and for its interaction with transition stakeholders Stakeholders All parties that have an interest, financial or otherwise, in a firm-stockholders, creditors, bondholders, employees, customers, management, the community, and the government. . Small US firms noted CAPIS for its explanation of fiduciary role implications. "We are extremely honored to receive this level of recognition across so many important transition management categories," said Kristi Wetherington, CAPIS President and Chief Executive Officer. "While we have always prided ourselves on our technical proficiency in managing a transition, we also recognize the value of ongoing client communication. We are very pleased to be acknowledged for our capabilities in both areas." In congratulating CAPIS on its PLANSPONSOR awards, Laura Hamilton, Principal at Innovest Portfolio Solutions LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control commented, "We continue to use CAPIS for transition management because of their attention to detail, their high level of communication and their outstanding customer service. We have been very satisfied with CAPIS on their coordination of transitions throughout all stages of the event." As one of the largest independent transition managers in the industry, with no ties to custodial or money management firms, CAPIS implements transition strategies focused solely on the interests of its clients. CAPIS has developed a highly coordinated, customized transition process used to minimize cost and market impact resulting from changes in asset allocations Asset Allocation The process of dividing a portfolio among major asset categories such as bonds, stocks or cash. The purpose of asset allocation is to reduce risk by diversifying the portfolio. . About Capital Institutional Services, Inc. CAPIS is a leading U.S. institutional broker specializing in global agency trading and commission management for asset managers and plan sponsors. CAPIS has successfully developed and provided an array of brokerage solutions specifically tailored to the institutional marketplace since 1977. CAPIS is a member of the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. , American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. , the National Association of Securities Dealers National Association of Securities Dealers (NASD) Nonprofit organization formed under the joint sponsorship of the investment bankers' conference and the SEC to comply with the Maloney Act, which provides for the regulation of the OTC market. , and SIPC (Simply Interactive PC) An earlier umbrella term from Microsoft and Intel for a PC that works like a home appliance. For example, it has a sealed case, uses external connectors for expansion and boots in just a couple of seconds. . For more information, visit www.capis.com. |
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