21 September 2006, TORONTO, Canada – EDS SOLCORP (EDS) today announced that following a rigorous competitive process, the WealthServ Investments solution has been selected by INFO Financial Consulting Group Inc., an independent Canadian financial services company, to support compliance and growth initiatives.
Initially founded in 1992 offering 400 mutual funds, INFO Financial has grown and now provides over 5000 products including mutual funds, segregated funds, principal protected notes, and life insurance. INFO Financial has recently expanded into the corporate finance area assisting companies in China seeking financing to conduct business Canada.
�In addition to the enhanced ability to meet compliance regulations, we were impressed by the range of tools WealthServ will deliver to the desktops of our brokers,� said Gary Yung, President, INFO Financial Group Inc. �These state-of-the-art tools will greatly improve our ability to better serve investors recruit new brokers and continue to grow our business.�
WealthServ Investments is a full function web software application hosted by EDS, supporting mutual fund dealer back-office, retail financial advisor, and investor direct access on a single real- time system. WealthServ Investments allows mutual fund distributors and their representatives to see the same information, consolidate financial information across investment, deposit and insurance lines, comply with regulatory requirements, manage compensation, and create on demand client statements and reports that enhance advisor professionalism.
Speaking about the contract, Alex Sweeny, Vice President, Strategic Business Development at EDS SOLCORP said, �Powered by WealthServ�s client management tools, integrated with the Frontex® reporting platform, and compliance capabilities, INFO Financial will be well positioned for positive growth now and into the future.�
About INFO Financial Consulting Group
INFO Financial Consulting Group Inc, is a solid financial consulting firm in Canada providing financial planning services and a broad array of products to individuals, corporate and institutional investors. For 13 years, our Consultants, with a more diversified product and service mix, have tailored investment portfolios and other financial services to better fit clients� needs and have helped them build solid financial futures together.
Learn more at www.infofinancial.com.
About EDS SOLCORP
EDS SOLCORP, a global business unit within EDS, is a leader in software solutions and services for the life insurance and wealth management industries. For 25 years, EDS SOLCORP solutions have helped customers reduce their total cost of administration, accelerate time-to-market for new products, and streamline their infrastructure.
Visit us at http://www.solcorp.com.
EDS (NYSE:EDS) is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry more than 40 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at www.eds.com.