netDecide and Forefield Expand Partnership, Seamlessly Integrate Financial Content With Wealth Management SystemCombined Solution to Increase Advisor Productivity and Assets Under Management TYSONS CORNER, Va. & MARLBORO, MA, Dec. 4, 2002 -- netDecide Corporation and Forefield Inc. today announced they have expanded their partnership to seamlessly integrate Forefield's FMA Advisor, the leading real-time sales, education and client communication solutions for financial institutions and their advisors, into netDecide's award-winning Wealth Management System. Leveraging the streamlined data access capabilities and workflow of the latest netDecide WMS v. 2.0, investment and financial planning professionals are now just one click away from FMA Advisor's tailored content and a facilitated sales and marketing process. For example, an advisor creating an education plan for a client can click on the main menu bar and all relevant education planning articles are pre-sorted and displayed. Or, at any point during the planning process, the advisor can easily access the entire netDecide Knowledge Center with Forefield's comprehensive content spanning over 1,700 financial topics and all aspects of a client's financial life -- Personal Finance, Business Owner, Education Planning, Estate Planning, Government Benefits, Investment Planning, Protection Planning, Retirement Planning, Special Situations, Tax Planning and more. "netDecide has a history of delivering wealth management technologies and tools that increase advisor productivity, and we are gratified to see that the market is responding well as evidenced by our industry-leading advisor adoption rates in excess of 60%," said Raghu Chintala, CEO of netDecide. "Partnerships with leading content providers such as Forefield further this strategy and enable firms to provide their advisors, brokers and planners with a total solution proven to increase assets under management." In addition to providing informative financial planning articles to assist the advisor, FMA Advisor contains practice aids, decision tools and consumer articles that can be integrated into client presentations. Prior to producing a financial plan, advisors can review related content to support the proposed recommendations and strategies, and determine which information to include for client review. The content is consolidated into the financial plan in a single document, eliminating the need for multiple printing, reformatting and collating. Clients receive a clear, professional presentation with relevant and actionable advice. According to Celent Communications in an October report entitled "Ranking the Vendors of Wealth Management Technology 2002: Client Prospecting & Sales," netDecide was ranked the #1 vendor in North America to provide technology that enables advisors to increase their client bases and revenue by identifying and attracting new business opportunities as well as cross-selling existing relationships. "Forefield and netDecide share a common goal of enabling financial institutions and their advisors to better serve their clients," said Forefield President and CEO Brent Delehey. "The integration of our critically acclaimed technologies furthers our abilities to convey comprehensive financial planning knowledge and to provide content that is current, consistent, compliant and customized." About netDecide netDecide Corporation provides banks, brokerage firms and insurance companies with the financial analytics and workflow tools to help their clients intelligently manage wealth. With over 80 modules and calculators, netDecide offers a comprehensive suite of wealth management tools that span the needs of a broad client base, from emerging affluent to ultra-high net worth. Ranked #1 by analyst firms such as Forrester Research and Celent Communications, the solution drives down the time and cost to deliver financial advice and focuses on the key business drivers of a financial institution -- asset growth and advisor productivity. netDecide's customers include firms such as Bank of America, Morgan Keegan, Legg Mason Wood Walker and Robert W. Baird. For more information, visit www.netdecide.com. About Forefield Established in 1997, Forefield Inc. provides premier financial planning knowledge and client interaction solutions that bring clarity and confidence to financial decisions. Forefield helps build and maintain relationships between financial institutions and advisors and their clients, increasing revenue and improving operational efficiency. Forefield's clients include some of the most prestigious companies in the financial services industry, including American Express Financial Advisors, CIGNA, Commonwealth Financial Network, Deloitte & Touche, FleetBoston Financial, Goldman Sachs, Insurance.com, MassMutual Financial Group, MetLife, Ohio National, PNC Advisors, Raymond James and Waddell & Reed. For more information, visit www.forefield.com. netDecide is a registered trademark and netDecide Wealth Management System is a trademark of netDecide Corporation. All other product and company names mentioned are the property of their respective owners and mentioned for identification purposes only. --30--SK/bo* CONTACT: Forefield, Inc. Rosalind Morville, 508/630-1115 rmorville@forefield.com or netDecide Corp. Charlotte Pelliccia, 571/633-6064 Charlotte.Pelliccia@netDecide.com |