Wilson HTM signs with FMC for Front to Back Office integrated solution

Sydney, Australia, January 11, 2004 – Financial Models Company Inc. (FMC), a leading provider of technology solutions and services to the investment world, today announced that Wilson HTM Services Ltd (WHTM) is implementing FMC’s integrated investment solution. WHTM sought a replacement system which could support their growing client base and the processing requirements of Individually Managed Accounts (IMAs) on an integrated basis.

"We reviewed a number of providers in the market for a solution which could fit our business needs and were impressed with FMC’s capability in understanding our business requirements. Their solution will provide STP within our operation, interfacing with our existing systems and satisfy our multiple reporting requirements" commented Paul Bryant of WHTM. "We offer clients everything from a fully managed account with financial planning to execution-only brokerage services, and needed a solution to support all of the associated investment management and reporting functions. We are looking forward to implementing this new system to take advantage of the interest we are experiencing in our retail and wholesale offerings."

"We are delighted that Wilson HTM has chosen to deploy our solution to support their growing business model," commented Enda Mahoney, Managing Director of FMC Software Pty Limited, FMC’s Australian subsidiary. "WHTM were looking for a complex solution capable of supporting several key business functions including front, middle and back office, with support for Australian accounting standards and robust reporting. The FMC solution will provide them with a cost effective solution to streamline their operations and position them to build for future growth."

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