News

StatementOne Augments Management Team

January 21, 2003

LAWRENCEVILLE, NJ — StatementOne, the industry leader in enterprise data consolidation and web-based portfolio accounting/performance measurement announced today that it has added three leading industry professionals to its management team. Joining StatementOne are Antonio “Tony” Nunes as Chief Financial Officer; Chris Schmutz as VP, New Business Development; and Michael Lobosco as Director of Account Management.

“The viability and rapid acceptance of our technology as an industry standard has greatly enhanced our ability to attract and retain top-tier talent,” said Greg Pacholski, StatementOne's president and chief operating officer. He added, “The addition of these 'A' players to our management team underscores our commitment to building out a world-class technology solutions firm, and we're thrilled to have them on board.”

Antonio “Tony” Nunes has more than twenty years' financial management experience with start-up to Fortune 500 high-tech companies. During his eleven years at Prime/Computervision (minicomputers and CAD/CAM software), he held several operating and financial management positions of increasing responsibility and scope. He then spent six years at State Street Corp. He served initially as VP & Comptroller, Global Network & Computing Services Division and later as CFO, Princeton Financial Systems, Inc., State Street's portfolio accounting software subsidiary. Subsequently, he was CFO for w-Technologies, Inc., a wireless application software start-up, and CFO for Aleri, Inc., a developer of real-time business intelligence software. Tony earned his MBA at Harvard Business School, an MS in Mathematics from Notre Dame, and a BA in Mathematics from Boston College. Tony is also a Chartered Financial Analyst.

Chris Schmutz is an accomplished sales and marketing executive, product manager and software solutions consultant, with more than twelve years' experience in the financial services industry, including positions at Shaw Data, Merrill Lynch, and Advent Software. He comes to StatementOne from Advent, where he spent the last seven years in a variety of sales consultant and management positions. As Senior Sales Account Executive, he was responsible for the sales and marketing of Geneva, Advent's real-time global portfolio accounting solution. Chris was Advent's top sales person for both 2001 and 2002, and he was a four-time recipient of Advent's Chairman's Council Award. Chris attended the University of Charleston, in West Virginia, where he studied Political Science.

Michael Lobosco is experienced in many aspects of both the financial services and software industries. His experience spans 13 years, during which he has held positions at State Street, First Chicago, Bankers Trust, Chase Manhattan and Advent Software. He comes to StatementOne from Advent, where he held roles in professional services, sales and marketing. Most recently, as a Senior Product Marketing Manager, he focused on domestic and international distribution channels as well as solutions targeted towards Advent's overall target market. Michael earned a BSBA from Northeastern University in Boston, with a concentration in Finance and Management.

About StatementOne...

Founded in 1993, StatementOne provides technology solutions to the retail wealth management market. For financial institutions, they consolidate enterprise investment account data in a scalable and accurate way, to power best-of-breed applications used for business planning, analytics, product development, compliance, and CRM. For financial advisors and their clients, they deliver a powerful, yet easy-to-use web-based portfolio accounting and performance reporting solution that enables advisors to provide better and more timely advice. This helps advisors boost top-line revenue while reducing administrative costs, and increases the probability of financial success for both them and their clients.

StatementOne currently manages account data for 45 financial institution clients, representing nearly one hundred fifty billion dollars in assets, tens of thousands of financial advisors, and millions of investors and individual accounts. Their current clients include independent broker/dealers, banks, credit unions and other financial institutions.

For more information contact StatementOne at marketing@statementone.com.