Korea's Kookmin Bank adopts Finantix OneWealth for its new private banking operation

Venice, January 30, 2003

Finantix is delighted to announce that Kookmin Bank launched Gold&Wise, its
new private banking operation. Kookmin Bank adopted OneWealth, the Finantix
multi-channel wealth management solution, for their private banking business.

The first phase of OneWealth, which includes a first range of functionality
for the sake of the early launch of Kookmin Bank's private banking business, was implemented in less then four months, allowing the bank to reach its ambitious launch target. The second phase will be implemented by the end of March with full functionality to meet Kookmin Bank's all business requirements.

"We are proud to be a partner of Kookmin Bank in introducing an innovative
and high-quality private banking concept to Korea." said Ralf Emmerich, CEO
of Finantix "We feel that our wealth management components will be a key factor in the success of this initiative. OneWealth's rich functionality will help the bank implement a highly professional advisory process. And our flexible and scalable J2EE technology will allow to quickly expanding operations in the coming months."

Finantix provided Kookmin Bank with a solution that enables one-to-one client management and comprehensive financial planning. The solution combines world-class best practices with full support of the Korean financial environment.

This success of implementation, along with the ramp-up of its Singapore-based operation, establishes Finantix as a key software vendor in the Asia Pacific wealth management and retail banking market.

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