BISYS' WealthSolutions(TM) offering is specifically designed for the SMA marketplace and provides a suite of middle-and back-office services that enable asset managers to focus their efforts on the manufacturing and distribution of portfolio products as well as concentrate on building and retaining relationships.

"The SMA marketplace is a strategic growth area for our business," said Christopher J. Bell, Chief Operating Officer of FTAM. "As we reviewed potential partners, it was apparent that the combination of BISYS' superior service, comprehensive technology solutions, and single focus on providing business solutions to the financial services marketplace provided the ideal partnership to help us achieve our goals. BISYS' platform gives us the necessary flexibility to manage and expand our current sponsor relationships, and develop new ones."

The WealthSolutions offering brings BISYS' servicing expertise, infrastructure investments, and experience in developing policies and procedures to the SMA marketplace. Clients in the SMA marketplace receive significant benefits including a platform that delivers consolidated portfolio management and operating information.

"BISYS has worked diligently to develop a unique and progressive program for the emerging SMA outsourcing marketplace. We are delighted that FTAM recognizes the value of our offering," said Fred Naddaff, President, BISYS Fund Services. As our SMA client base continues to grow, we look forward to working closely with them to achieve their business objectives."

George Evans, Executive Vice President Business Development, BISYS Investment Services, added, "We are very excited about partnering with FTAM. It is extremely rewarding that FTAM has recognized the value of our WealthSolutions offering."