LONDON, March 10th 2004: COR-IBS, a division of COR Financial Solutions,
announces a strategic alliance between Bancmetrics and BB&T Capital Markets, a
division of Scott & Stringfellow. Scott & Stringfellow is a subsidiary of BB&T
Corporation, one of the fastest growing bank holding companies in the United
BB&T Capital Markets has selected Bancmetrics to provide a range of value added
services including portfolio accounting to its clients, all on an ASP basis, as part of BB&T Capital Markets’ fixed income sales and trading activities.
Karen Smith, Director of ASP solutions at COR-IBS said: "BB&T Capital Markets is
representative of the client base that Bancmetrics is focused on working with,
organizations dedicated to top quality product and services for financial institutions.
We have been working with BB&T Capital Markets on developing unique and
innovative portfolio analysis, and are excited about the opportunity to further assist this quality organization in servicing this market with our broad range of software and service solutions.
Jeff E Morris, Senior Vice President of BB&T Capital Markets said: "We are making a targeted commitment to working with financial institutions. Bancmetrics has been active in helping us with our clients in this market, and we are looking forward to leveraging their products and services to penetrate further in this client base."
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