Xeye Delivers the Highest Levels of Speed and Scalability in Wealth Management Platform Industry


NEW YORK, June 19 - Xeye, the leading provider of wealth management software and solutions to the financial services industry announced today that its flagship product, WealthManager, has achieved the highest levels of speed and scalability in the wealth management platform industry. Xeye's recent scalability tests confirm that WealthManager is unmatched in its ability to support the very largest of financial institutions.

The benchmark of WealthManager Release 4 shows system processing capacity has increased as much as 2.5 times over Xeye's previous market-leading levels. In past tests that were audited by third-party consultants and customers, Xeye demonstrated that Release 3 of WealthManager scaled to tens of thousands of users and millions of accounts while running on inexpensive server farms. Since that time Xeye has successfully deployed several customers at these volumes. Running these large-scale, multi-terabyte systems in production for a number of years now, Xeye is the only vendor with a proven track record that major firms can rely on.

With today's announcement, Xeye takes this proven scalability to the next level.

"The advancements in our scalability story are a testament to both the substantial investment in R&D that Xeye remains committed to, as well as the industrial-strength software engineering practices that our development team employs" said Craig O'Neill, President & CEO. "We are extremely proud that Xeye's WealthManager is the only wealth management platform on the market today that has the proven ability to scale to these levels. We are confident we will consistently outpace the rest of the industry for the foreseeable future."

About Xeye

Founded in 1993, Xeye supplies advanced technology solutions to the wealth management industry. Xeye's WealthManager provides 360 degree views of all client information, advanced portfolio management tools, proposal generation, portfolio modeling, client reporting, team based workflow, and continuous client review capabilities. Xeye's services oriented architecture provides for seamless data integration. www.xeye.com

CONTACT INFORMATION:
Lara De Vido
VP Marketing
212-869-3034
ldevido@xeye.com

Visit Xeye in Booth 1852 at the SIFMA Technology Management Conference on June 19-21, 2007 at the Hilton New York

Source: Xeye

Web site: www.xeye.com/

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