Investmaster Announces Partnership with Redi2 Technologies

Investmaster to become Europe-wide distributor for Redi2 Revenue Manager

London, (PRWEB) November 19, 2004 -- Investmaster Group, the UKs largest supplier of integrated systems for wealth managers and institutional brokers, today announced a strategic partnership with US-based Redi2 Technologies, Inc. Redi2, based in the San Francisco Bay Area, and a premier provider of revenue management and fee billing solutions for the global investment industry has chosen Investmaster as its strategic partner as it rolls into the UK and European markets.

Under the terms of the agreement, Investmaster will become the Europe-wide distributor for Redi2 Revenue Manager, providing sales and marketing implementation of new Revenue Manager installations and ongoing support and helpdesk services for Revenue Manager customers throughout Europe.

Recently released, Redi2 Revenue Manager 4.0 alleviates the fee billing pains typically experienced by institutional fund managers, custodians, fund administrators and wealth managers. Unlike traditional revenue management applications, Revenue Manager provides a sophisticated yet simple-to-use platform to:

• Consolidate data from across multiple back-office systems

• Calculate fees with complex structures, and

• Produce invoices accurately and quickly.

Revenue Manager helps financial institutions put in place a coherent and efficient billing process, often replacing legacy, outdated billing systems. These systems are typically manually intensive and involve many staff. The multiple business benefits resulting from the use of Revenue Manager include redeployment of staff, quicker and more accurate invoicing, better client service and improved cashflow.

Not only is Revenue Manager deep in functionality and easy to use, but it is also a technologically advanced and proven product. Revenue Manager is the first and only solution in the marketspace deployed in production on Microsoft-SQL, Oracle and Sybase databases. The ability to choose between a Windows-based or Web-based implementation further emphasises the flexibility of Revenue Manager.

The partnership with Investmaster opens the door to a tremendous opportunity for Redi2 and Revenue Manager in Europe" said Seth Johnson, CEO of Redi2 Technologies. "The introduction of Revenue Manager will provide institutions with a much better revenue management and fee billing alternative than has been available thus far. Already a well established supplier in the European financial solutions arena, Investmaster has the right market presence, customer base and support resources to efficiently distribute Revenue Manager in Europe."

"We are very excited to work with Redi2 and have the opportunity presented by the Revenue Manager product" said Simon Tizard, Strategic Development Director of Investmaster. Many financial institutions have been faced with ongoing operational issues relating to the difficulties of fee billing and revenue management. These issues have increased their costs, impacted cash flow and damaged client service. Revenue Manager addresses these issues, and we believe it will generate considerable interest and opportunity for both companies in the European market."

For further information:

Investmaster Group    

Terri Barnes        

Tel: 020 7367 0644

terri.barnes@investmaster.com

Portfolio Communications

Lisa Boustead/Amy Willis

Tel: 0207 240 6959    

lisa.boustead@portfoliocomms.com

Redi2

Redi2 Technologies, Inc.

Seth Johnson

Tel: 510 550 7334 ext 1

info@redi2.com

Notes to Editors:

About Investmaster

Investmaster Group Limited has been providing IT solutions to the wealth management and institutional broking sectors for over 20 years. Investmaster has a well established client base and its technology handles over 25 percent of the London Stock Exchanges daily private client volumes. The Group employs 150-plus IT professionals in the development of truly integrated front-, middle- and back-office systems and is committed to the provision of genuine straight-through processing solutions.

Investmasters Wealthmaster and 4i product sets cover the full trade lifecycle from front-office decision support through to settlement. Ensuring pre- and post-trade compliance and underpinning the clients business in an increasingly regulated market. For more information visit www.investmaster.com

About Redi2 Technologies, Inc

Redi2 Technologies, Inc., based in Oakland, Calif., is a premier provider of fee billing and revenue management solutions to institutional investment, private wealth, custody and general asset management firms. Asset management firms implement Redi2 Revenue Manager to improve cash flow, reduce global operating costs, improve client service and assist in compliance. Redi2 Technologies recently released Redi2 Revenue Manager 4.0, is the first and only fee billing solution able to be deployed on Oracle, Sybase, Microsoft-SQL Server, and IBM DB2 relational database platforms, and on Sun Solaris, IBM AIX, Microsoft Windows Server, and Linux operating systems. For more information about Redi2 please visit www.redi2.com.

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