CashEdge and StatementOne to Provide Cambridge Investment Research with Integrated Data Consolidation and Aggregation Solution.Business Editors/High-Tech Writers HUNTINGTON BEACH Huntington Beach, city (1990 pop. 181,519), Orange co., S Calif., on the Pacific coast, across from Santa Catalina Island, in an oil-producing area; inc. 1909. It manufactures aerospace vehicles, aircraft parts, optical instruments, and heat transfer equipment. , Calif.--(BUSINESS WIRE)--Jan. 22, 2004 CashEdge, Inc. (www.cashedge.com) a provider of secure Online Money Movement and Advanced Account Aggregation Account aggregation is a method that involves compiling information from different accounts, which may include bank accounts, credit card accounts, investment accounts, and other consumer or business accounts, into a single place. platforms, and StatementOne (www.statementone.com), the industry leader in enterprise financial data consolidation and performance reporting, have partnered with Cambridge Investment Research Cambridge Investment Research, Inc. is a broker/dealer based in Fairfield, Iowa. Cambridge Investment Research, Inc., also known as The Fee Experts™, is a leading independent Broker/Dealer specializing fee-based advisory solutions. , Inc. to provide Cambridge Rep/Advisors with a combined data aggregation and consolidation solution. The announcement was made today at FPA's Broker-Dealer Conference. The integrated solution will enable Cambridge Investment Research to deliver an enhanced level of service to its advisors based on comprehensive client data. "Cambridge Investment Research is the first independent broker-dealer to offer the combination of enterprise data consolidation with data aggregation to provide comprehensive data coverage to every client," said Jim Guy, Chief Marketing Officer of Cambridge Investment Research. "Through StatementOne our Rep/Advisors have made a huge leap in portfolio advisory capabilities, client communication, and practice management. By coupling that data with CashEdge's advanced data aggregation of held-away assets we are expanding our reach across a client's complete financial portfolio. This empowers our Rep/Advisors to deliver a more comprehensive level of advice while generating additional fee income," Guy explained. "We are excited to be working with a forward looking organization like Cambridge," said Sanjeev Dheer, 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 CashEdge. "We are increasingly witnessing the marriage of data consolidation and external aggregation as must-have functionality. As the first independent broker-dealer to implement an integrated solution, Cambridge is a bellwether for increased adoption among the broker-dealer community," he added. "We are pleased to be announcing these important partnerships at the broker-dealer conference," said Greg Pacholski, StatementOne's chief executive officer and president. "The positive response we are seeing to our partnership with CashEdge underscores the quality of our products and reinforces the industry demand for an integrated solution," he concluded. About Cambridge Investment Research, Inc. Established in 1995, Cambridge Investment Research, Inc. is registered broker dealer. Cambridge emerged from its sister broker-dealer, Eneric 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. , Inc, which was established in 1981, in part to better meet the needs of Representatives with RIA (Rich Internet Application) A Web-based application that approaches the speed and elegance of a local application. An RIA may refer to a browser-based application that uses AJAX or another enhanced coding technique. activities. The Cambridge of today combines the small-town traditions of honest hard work, common sense solutions, and courteous personal service with the large-firm opportunities of cutting edge technology, economies of scale, and comprehensive product selection. About StatementOne Founded in 1993, StatementOne consolidates enterprise investment account data, delivering a powerful, easy-to-use Web-based portfolio accounting and performance reporting solution to financial institutions. StatementOne's Web Services (1) Loosely, any online service delivered over the Web. Such usage appears in articles from non-technical sources, but not in IT-oriented publications, because definition #2 below describes the correct use of the term. platform allows a seamless secure way to pass valuable consolidated information from the StatementOne database to other critical applications in an advisor's practice such as business planning, analytic, product development and CRM (Customer Relationship Management) An integrated information system that is used to plan, schedule and control the presales and postsales activities in an organization. applications. StatementOne currently manages account data for more than 64 financial institutions, representing over $500 billion in assets, tens of thousands of financial advisors and millions of investors. Their current clients include independent broker-dealers, banks, credit unions and insurance companies. For more information visit http://www.statementone.com or contact StatementOne at marketing@statementone.com. About CashEdge CashEdge(R) provides infrastructure that global financial institutions rely on to extend their online channels and enhance customer profitability Customer profitability (CP) is the difference between the revenues earned from and the costs associated with the customer relationship in a specified period. According to Philip Kotler,"a profitable customer is a person,household or a company that overtime,yields a revenue . CashEdge delivers secure Online Money Movement and Advanced Account Aggregation platforms that power specialized retail banking and advisor applications. These proven solutions enable CashEdge's clients to create compelling online offerings that attract customers, generate revenues, and reduce costs. CashEdge serves over 80 financial institutions in North America including Citibank, Charter One Bank, Vanguard, RBC RBC red blood cell. RBC or rbc abbr. red blood cell RBC, n See red blood cell count. RBC red blood cells; red blood (cell) count (see blood count). Financial Group, and CIBC CIBC Canadian Imperial Bank of Commerce CIBC Centres Interinstitutionnels de Bilan de Compétences CIBC Commonwealth Institute of Biological Control (Trinidad) CIBC Commercial International Brokerage Company . CashEdge has offices in New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of and Silicon Valley. For more information on CashEdge, please visit our Web site at www.cashedge.com. |
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