Amicus, Inc. announces the availability of Amicus eBlotter 4.0 -- Technology based solution to meet PATRIOT Act and SEC mandated review, reporting, and books and record keeping requirments.

Amicus®, Inc. today announced the availability of eBlotter 4.0, an enhanced version of the companys client and transaction processing system designed to streamline and automate the record keeping, supervision, and compliance processes of securities professionals. eBlotter incorporates investor, suitability, and trade information within a single, web-based application.

Amicus Announces eBlotter 4.0

Web-based compliance and record keeping solution prepares securities organizations to meet new, more rigorous investor and transaction review requirements

Austin, TX, October 3, 2002 -- Amicus®, Inc. today announced the availability of eBlotter 4.0, an enhanced version of the companys client and transaction processing system designed to streamline and automate the record keeping, supervision, and compliance processes of securities professionals. eBlotter incorporates investor, suitability, and trade information within a single, web-based application.

Recent rules and record-keeping requirements in conjunction with stricter Know Your Customer (KYC) and AML legislation require a technology-driven solution to monitor, track, and report on client transactions. Amicus eBlotter 4.0 was designed with these requirements in mind. Enhancements to the new version include:

Onscreen viewing of investor, suitability, and individual trade information allows brokerage firms to comply with current and pending regulatory requirements
Complete investor database module for recording customer identification information, including all information required by AML and PATRIOT Act legislation
Entry validation ensuring that employment information, addresses, identification numbers, and other required information are collected, entered in the appropriate format, and are available in a database for pre-population of trade-blotters
User driven, web-based reporting based on investor and transaction criteria allowing organizations to easily retrieve trade and client reports regardless of location
Query based search capabilities for product and investor information speed entry and ensure data consistency
Onscreen approval and denial of trades supporting a multi-tiered hierarchy
Leveraging of existing back-office and trade systems for pre-population of blotters
Support for check and application business processing and review capabilities
As a part of the PATRIOT Act, organizations must be prepared to track client and suitability information at the transaction level, versus at the client level. Without an automated system, this is a daunting and expensive task requiring strict adherence to manual processes with many opportunities for failure," said Rick Johnson, CEO. Utilizing our extensive experience and feedback from our customers, leading organizations in the securities industry, Amicus eBlotter was designed to automate these tasks while decreasing personnel and rep frustrations."

Other features of the product include complete revision history and archival of transaction changes, routing and approval function that can be tailored to your organization's unique structure, viewing of completed and in-process trades based on secure user-roles, and reporting based on user-defined criteria. And because the system is web-based, approved personnel can meet regulatory reporting requirements instantly.

Price and Availability
eBlotter 4.0 will be commercially available from Amicus in October, 2002. Deployed utilizing the Amicus Hosted Platform, the software is licensed and delivered on an ASP basis. The product is packaged as a core module and supplemental functional modules (Investor Database, Data Extracts, Custom Reports.) As a hosted solution, Amicus eBlotter allows organizations to meet securities requirements without expensive investments in IT or infrastructure, while providing a cutting-edge solution to field representatives and home-office personnel. To request more information, please email productinfo@amicus.com or phone 800-419-0150.

About Amicus, Inc.
Founded in 1996, Amicus̉, Inc. is the leading provider of comprehensive business process automation solutions tailored to the unique needs of individual broker-dealers. With a specialization in information management, process automation, front office, compliance, web design and hosting services, Amicus provides a technological suite of products designed to streamline, manage and expedite the two-way flow of information between employees, reps and the home office. These include the e-business initiatives of companies like Jefferson Pilot, National Life of Vermont, Next Financial Group, and CUNA Brokerage Services, Inc. Headquartered in Austin, TX, Amicus' products are utilized by more than 30,000 financial planning professionals. Amicus can be reached on the Web at http://www.amicus.com or via email at info@amicus.com.