September 24, 2002

StatementOne Consolidated Reporting Technology Expected To Give Nationwide Financial an Edge

Industry first is designed to make it easier for financial professionals and clients to do business

LAWRENCEVILLE, NJ -- Furthering its goal to make it easier for investment professionals and customers to do business, Nationwide Financial will allow inquiry and reporting of Nationwide’s life and annuity products alongside the securities, mutual funds and other investment vehicles already represented in StatementOne’s platform.
Nationwide Financial is the first company to use technology to integrate life products in the StatementOne platform. Through direct feeds, expected to begin in October, Nationwide will provide transactional data on assets for its fixed and variable annuities, variable life, and variable universal life products to StatementOne.

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About Statementone
StatementOne consolidates data for financial institutions and other enterprises, collecting transaction-level data sets from both legacy systems and external custodians, utilizing direct data feeds. They currently manage account data for 43 financial institution clients, representing over a hundred billion dollars in assets, tens of thousands of financial advisors and millions of investors and individual accounts. They provide a secure, web-based, turnkey service which delivers securities account aggregation, portfolio accounting and performance reporting to financial institutions, branch managers, registered representatives and their investor clients. Their proprietary software cleans, organizes and reconciles the data, producing a consolidated, unified data structure, with virtually no manual intervention. This scalable database is also used to feed critical, best-of-breed applications for use in business planning, analytics and CRM. Their current clients include independent broker/dealers, banks, credit unions and other financial institutions.

David Z. Orban,
Vice President of marketing
(609) 806-0227.

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