Amicus releases 98-11 Version 5.0

Amicus Inc., friend of the financial services industry, announced today the release of Amicus 98-11 Version 5.0, a robust email surveillance and archival solution for broker-dealers.

Austin, TX (PRWEB) January 25, 2004 --Amicus Inc., friend of the financial services industry, announced today the release of Amicus 98-11 Version 5.0, a robust email surveillance and archival solution for broker-dealers. With version 5.0, Amicus 98-11 delivers increased flexibility and efficiency to supervisory personnel charged with meeting the requirements of NASD Rules 3010, 3110 and SEC Rule 17a-4.

Our primary focus in Version 5.0 was aimed at enhancing the productivity of individuals in the supervisory hierarchy. We understand that our customers face an ever-increasing regulatory burden so we are working closely together with them to streamline and automate the review process," said Marshall Huwe, President and CEO of Amicus, Inc.

Amicus 98-11 Version 5.0 features include:
·   Flexible hierarchy system that easily accommodates existing supervisory structures allowing the review process to be completed at the OSJ, Regional Manager, or Compliance Analyst levels or any combination
·   Fully versioned review data, including comments, kept with each message
·   Automatic screening of both inbound and outbound messages (including attachments) against a fully customizable lexicon
·   Ready to use lexicon of industry specific words and phrases that can be quickly deployed, yet easily modified by Compliance.
·   Review escalation allowing multiple levels of review
·   Multiple query options to speed message retrieval
·   Compliant with SEC 17a-4 and other industry records retention rules
·   Secure, user friendly, web-based application
·   Email platform independent architecture
·   Optional seamless integration with Amicus Email allows Virus Scanning and SPAM blocking capabilities
We were recently audited by the NASD [one month after implementation and when the subject of Email supervision came up, I was pleased to demonstrate the 98-11 system. Needless to say, the Auditors were impressed and I was relieved! Your system has given me complete confidence that Email is being adequately supervised, and for just 5-10 minutes per day!" said Craig Watanabe, Chief Compliance Officer for Western International Securities.

The Amicus 98-11 solution enables broker-dealers to quickly and confidently perform their email supervisory responsibilities and meet the expectations of the regulators.

This release demonstrates our commitment to the financial services industry and builds on our long history of partnering with our clients to provide effective solutions for their compliance and surveillance obligations," said Mr. Huwe.

About Amicus, Inc.
Founded in 1996, Amicus offers a full range of solutions for the financial services industry that strengthen customer relationships, streamline business processes, reduce costs, and enhance compliance and supervisory oversight. Working directly with its financial services customers and strategic business partners, Amicus helps them become more competitive through the innovative and rapid deployment of solutions that increase flexibility, scalability and efficiency while differentiating themselves in the marketplace. Amicus' products are utilized by more than 30,000 financial planning professionals. For more information on Amicus visit www.amicus.com or call 877-264-2871.