Metavante's Prime Associates Delivers Data Services to DST Systems

Clark, N.J., June 29, 2005 - Prime Associates, Inc., a Metavante company and a leading provider of regulatory compliance solutions for financial institutions, today announced that DST Systems, a technology solutions provider for the financial services industry, will implement several data lists offered by Prime Associates into its existing sanctions filtering efforts. The data lists include Politically Exposed Persons (PEPs), Office of the Superintendent of Financial Institutions (OSFI), European Union (EU), and Financial Action Task Force on Money Laundering identifying non-cooperative countries and territories (FATF-NCCT). These lists are essential tools to effectively comply with USA PATRIOT Act and other international regulatory compliance requirements.

"DST takes a proactive approach to helping our clients comply with the numerous governmental regulations of the industry," said Frank Imgrund, director of systems development at DST Systems. "This solution helps our clients go above and beyond what the regulations require and represents an industry-leading approach to the regulatory challenge."

Prime’s data lists are designed to integrate seamlessly with Prime’s applications as well as other products. Prime’s compilation of data lists is called the Prime's Compliance Databank™.

"As the leading provider of record-keeping services to mutual funds, DST is setting the standard for regulatory due diligence among firms within the financial services industry. We will deliver our compliance databases to DST, which will integrate it with its core business systems," said Salvatore Cangialosi, president, Prime Associates, Inc.

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