Edward Jones Purchases Oakbrook Solutions WealthWorx® Product

Winston-Salem, NC - 26 Aug 2010

Oakbrook Solutions announced today that it has entered into an agreement with Edward Jones Trust Company to implement its WealthWorx®Business Process Management (BPM) Software. WealthWorx®will be used by the Trust Company business unit within Edward Jones to enhance its business processes in the areas of Account On-Boarding, Operations Request Management and Account Closing.

WealthWorx®fundamentally changes the way financial services firms, trust companies and brokerages manage their operations by providing a platform that makes processes and their results both transparent and collaborative. It helps companies achieve efficient growth and significant reduction in risk through its audit capabilities and management controls.

“We greatly value our partnership with Oakbrook Solutions and WealthWorx®will play a key role in helping us achieve our client service and growth objectives going forward,” said Jeffrey A. Stuerman, President, Edward Jones Trust Company. “Oakbrook Solutions used its significant expertise in the financial services industry to create an innovative solution from both a technical and subject matter perspective.”

“Oakbrook Solutions is fortunate to be able to work with a visionary customer like Edward Jones Trust Company,” commented Tony Painter, CEO of Oakbrook Solutions. “Starting with the BPM Value Assessment we conducted with them and leveraging our best practice process models, Edward Jones Trust Company has been committed to the collaborative transformation of their business processes on a platform that will adapt and scale to meet their current and future needs.”

WealthWorx®is the only BPM solution built specifically for the wealth management industry. Working with our technology partner, Appian Corporation, we have created an unparalleled set of prebuilt applications that can be customized for your operations to reduce cost, risk and time to market.


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