FMC Launches FMCSuite(TM); Suite Component, FMCModel 2.1, Unveiled

TORONTO, Feb. 28 /CNW/- Financial Models Company Inc. (FMC), a leading provider of technology solutions and services to the investment world, today announced the launch of FMCSuite, the world's first integrated asset management suite built specifically for straight-through-processing (STP).

"FMCSuite was engineered from the ground up to work as a truly integrated platform for asset management operations. The common data model with "plug and play" components seamlessly integrates front, middle and back office environments, giving asset management firms the power to achieve STP "out-of-the-box", and meet the challenge of T+1. FMCSuite is designed for "zero-footprint" deployment over the web, providing rapid, secure access from anywhere with just a browser," said Stamos Katotakis, president and CEO of FMC.

FMCModel(TM) 2.1 is FMCSuite's unique portfolio modeling and rebalancing component. Built on the FMCSuite platform, FMCModel 2.1 is available as an ASP service over a secure web connection, and offers a set of exceptional capabilities to investment managers. FMCModel 2.1 shares the FMCSuite platform with FMCWealthNet(TM), FMC's wealth management system. FMC plans to introduce trading and portfolio management components to FMCSuite.

"FMCModel's new high performance compliance engine, rapid portfolio rebalancing, and sophisticated "what-if" analysis, enable portfolio managers to master today's challenges in investment management. FMCSuite technology adds unprecedented flexibility, scalability and usability to FMCModel, confirming it as the compelling choice of portfolio managers," said Katotakis.

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