Wunderlich Securities Signs Long-Term Renewal Agreement with Xtiva

3 November 2008

Xtiva Financial Systems, a leading provider of business performance management solutions for the financial services industry, today announced that Wunderlich Securities, Inc. (Wunderlich) of Memphis, TN has signed a multi-year renewal with Xtiva Financial Systems.

“We have been a client of Xtiva since 1998 and are very excited about continuing the relationship for years to come.” said Stephen J. Bonnema, Chief Operating Officer of Wunderlich. “It was clear after spending some time evaluating other vendors that this is the best fit for our company. Xtiva is helping us expand and automate our private client business. We are also expanding our institutional capability and Xtiva will help us manage compensation and reporting for that business as well as our traditional private client business. In addition, we will benefit from Xtiva’s experience with integrating information from our clearing partner, First Clearing.”

Xtiva’s SaaS offering enables brokerage firms to support all of their compensation from any business unit in a flexible business rules engine and improve business performance.

“We are very happy to make this announcement today and appreciate the loyalty from Wunderlich.” said Thomas Moysak, Executive Vice President at Xtiva. “We look forward to helping Wunderlich launch new business initiatives and grow with them over the next several years.”

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