Capital Institutional Services Wins 8 "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 8 "Best in Class" rankings in PLANSPONSOR Magazine's 2008 Transition Management Survey. CAPIS was ranked Best in Class by Consultants and U.S. Small Plans participating in this year's survey. CAPIS swept both categories, winning four out of four possible Best in Class awards for Pre-trade, Execution, Post-trade and Organization & Support. PLANSPONSOR noted that CAPIS's "transparency and client service" were key factors in their Best in Class acknowledgements. Comments for CAPIS were "unfailingly positive," PLANSPONSOR continued, "with clients also raving rav·ing adj. 1. Talking or behaving irrationally; wild: a raving maniac. 2. Exciting admiration: a raving beauty. n. about reporting and pricing." "We take great pride in our ability to not only execute transitions smoothly but to achieve the expected transition cost we've promised our clients," said Kristi Wetherington, CAPIS President and Chief Executive Officer. "Education is also a key component for many consultants and smaller plans, and we take the time to make sure our clients understand every step of the transition process. It is very rewarding to be recognized by our clients in such a prestigious industry ranking." In congratulating CAPIS on its PLANSPONSOR awards, Lawrence Bancroft, President and Chief Investment Strategist strat·e·gist n. One who is skilled in strategy. Noun 1. strategist - an expert in strategy (especially in warfare) strategian market strategist - someone skilled in planning marketing campaigns at Bivium Capital Partners, commented, "CAPIS' customer service is second to none. They are always available, and we have received glowing reports from our underlying managers on their communication and transition process." 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. . PLANSPONSOR'S 2008 Transition Management survey included responses from a total of 621 institutional clients representing approximately $300 billion in assets transitioned in 2007. Details of the survey, including methodology, can be found at http://www.plansponsor.com/ under Surveys/Transition. About Capital Institutional Services, Inc. CAPIS is a leading independent 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 Financial Industry Regulatory Authority Not to be confused with NASD. In the United States, the Financial Industry Regulatory Authority (FINRA) is a new self-regulatory organization (SRO) under the Securities Exchange Act of 1934, successor to the National Association of Securities Dealers, Inc. (NASD). , 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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