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Angoss and DALBAR to Offer Financial Advisor Analytics Combining Advisor Behavioral, Attitudinal, and Transactional Insights to Accelerate Sales and Reduce Redemptions for Mutual Fund and Wealth Management Manufacturer
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Toronto, Canada - March 18, 2008
Angoss Software Corporation (TVX:ANC) and
DALBAR, Inc., today announced the formation of a strategic partnership to
introduce L'Attitude™, a co-branded financial advisor analytics solution
combining DALBAR's market leading qualitative research and the Angoss
FundGUARD™ predictive analytics system for the mutual fund and wealth
management industry.
L'Attitude™ combines DALBAR's financial advisory survey capabilities
with Angoss' advanced predictive analytics capabilities, bringing an
innovative financial advisor analytics solution to market to address the
requirements of mutual fund and wealth management marketing and sales
professionals, to better understand their advisory channel relationships,
target new advisor acquisitions, grow product distribution, and predict in
advance which advisors are most likely to transact to grow net sales, and
mitigate redemption risk.
L'Attitude™ key features: - Integrated behavioral, attitudinal and transactional analytics permitting dealers to extend and project their existing advisor profiles and data across the entire financial advisory community. - On-Demand, subscription-based access to the L'Attitude™ database supports low cost, high-availability access to a feature rich analytical solution with detailed, drill-down analysis for existing advisor segmentation and coverage analysis and targeting across the financial advisor marketplace. - Ability to integrate with Salesforce.com, SalesPage, SalesLogix, Microsoft Dynamics and other CRM platforms, ensuring fast, high impact deployment of advisor analysis and targeting tools to inside and field sales representatives. L'Attitude™ key benefits: - Accelerated acquisition and deepening of quality advisor relationships. - Accelerate net sales, while mitigating redemption risk, with predictive sales leads and redemption alerts for inside sales and wholesalers weeks in advance, to align and prioritize coverage. - Fast time to deployment, with subscription-based access, and no hardware, software or extended technology implementation cycles.
"This new strategic partnership offers an exciting future for our financial services clients because they will benefit from the combined power of the leading behavioral, attitudinal and analytics provider and the leading research and consulting firm," said Jody Bullen, Director of Public Relations of DALBAR. "Together, Angoss and DALBAR offer companies the ability to more effectively leverage their data as a strategic corporate asset for better, faster decision making throughout the enterprise."
"We're pleased to be working with DALBAR to bring this joint offering to market" commented Angoss President Eric Apps. "By integrating Angoss predictive analytics capabilities with DALBAR's financial advisor level data and rigorous qualitative research methodologies, we will be able to provide our joint clients with unparalleled insight into their financial advisor buying and selling activities, the behaviors and trends that drive these activities, and the proactive steps mutual fund and wealth management manufacturers can take to grow and maximize the value of these critical distribution relationships." |
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About Angoss Software Corporation
Angoss Software empowers people to make “Better Business Decisions. Every Day”™
Some of the world’s leading financial services, telecom, life sciences, and retail organizations use Angoss predictive analytics software and services to grow revenues, while reducing risk and cost. Angoss helps our clients utilize business data to discover the key drivers of behavior, predict future trends and events, and act with confidence when making business decisions.
Angoss combines powerful market proven software with focused industry services expertise in the deployment, integration and use of predictive analytics in enterprise environments. Our differentiators include broad user acceptance, a commitment to open standards, rich functionality, rapid deployment, exceptional ease-of-use and affordability.
Headquartered in Toronto Canada, Angoss has offices in the UK and partners with the world’s leading enterprise software and services vendors. For more information, visit www.angoss.com
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About DALBAR
DALBAR, Inc., the nation's leading financial-services market research firm, continues its three-decade commitment to raising the standards of excellence in the industry. With offices in the US, U.K. and Canada, DALBAR develops standards for, and provides research, ratings, and rankings of intangible factors that influence the overall customer-service experience in the 401(k) Plan Participant, broker/dealer, managed account, retirement plan, life insurance and property and casualty insurance industries. Such factors include print communications, Internet, interactive voice response, call center, and financial-professional touch points. www.dalbar.com
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This press release contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. The accuracy of these statements may be impacted by a number of business risks and uncertainties that could cause actual results to differ materially from those projected or anticipated, including: the risk that the sale of our products and services involves a long sales cycle; the risk that the economic environment and business conditions will remain difficult to predict; the risk of competition in our target markets; the risk that we may not respond adequately to evolving technologies; the risk that we or our customers may have difficulties in introducing our products or services; the risk that we will encounter difficulties in continuing to offer services; the risk that we will encounter difficulties in integrating the operations of acquired companies with our own; the risks of conducting our operations in a variety of international locations; the risk that we may need to record future write-downs of assets arising from our investments in other companies; the risks relating to the costs that we may incur as a result of litigation against us; and other risks described in our filings with securities regulatory authorities, including our annual reports, interim financial statements and similar disclosure documents. Angoss Software Corporation does not undertake any obligation to update this forward-looking information after the date of its initial publication, except as required under applicable law.
Note: The Toronto Venture Exchange has neither approved nor disapproved the above information.
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