BISYS'WealthManager offering, specifically designed for the SMA marketplace, provides a suite of middle and back-office services that enable asset managers to focus their efforts on managing portfolio assets and building relationships with distributors.

"We have made considerable investments in building the infrastructure and developing the suite of services of our WealthManager offering. The selection of our services by Fiduciary Asset Management, LLC (FAMCO) is an important endorsement of that offering," said Fred Naddaff, President, BISYS Fund Services. "We are very pleased that FAMCO has recognized the significant contributions that BISYS' WealthManager program can make to their organization, and we look forward to a long and mutually beneficial relationship."

"Expanding FAMCO's Separately Managed Accounts division is part of our growth plan for our Master Limited Partnership (MLP) and Large Cap Equity Product line," said Wiley D. Angell, Executive Managing Director, Senior Portfolio Manager and Director of Separately Managed Accounts at Fiduciary Asset Management, LLC. "We are excited about partnering with BISYS in this important marketplace. BISYS' full suite of services, secure technical environment, and commitment to the SMA marketplace were important factors in our decision-making process. Given our high operational standards, BISYS was our hands-down choice following an extensive search for the best outsourcing partner serving the SMA marketplace."

The WealthManager offering brings BISYS' outsourcing expertise, infrastructure investments, and experience in developing policies and procedures to the SMA marketplace. BISYS' platform development experience also contributes significantly to the offering. Clients in the SMA marketplace receive significant benefits including a platform that delivers consolidated operating information, facilitates customization, and connects managers to their sponsor base in real-time.