Xtiva Signs Its 100th Client

Xtiva Financial Systems, the leading provider of sales compensation systems to the financial services industry, has signed over 100 clients to use Commission Manager as their compensation solution.

New York, NY (PRWEB) July 30, 2007 -- Xtiva Financial Systems, a leading provider of sales compensation solutions for the brokerage industry, today announced it has signed its 100th client to an impressive roster of financial service firms.

In the past year, Xtiva has signed an incredible list of clients of all types and sizes: fully-disclosed broker/dealers, self-clearing firms, insurance-owned, bank-owned; from 5 to over 2,000 reps. These new clients include: Capital West Securities, 1st Discount Brokerage, GF Investment Services, Monex Securities, Capital Growth Financial, CRT Capital Holdings, Petersen Investments, Anderson & Strudwick, Hazlett Burt & Watson, Nollenberger Capital Partners, Alexandra & James, 1st Worldwide Financial Partners, Interocean Group, Empire Financial Group, and Morgan Peabody.

"The market response to our product offering is just incredible," said William Lieberman, Chief Executive Officer at Xtiva Financial Systems. "We are extremely pleased with our ability to create and deliver the best sales compensation system on the market today. We are not going to rest on our laurels. We will continue to expand our client base in both the brokerage and insurance markets." Tom Moysak, Vice President of Sales, said, "I am very proud of all the hard work that our sales, client delivery and product development teams have performed in the past year to help us get to this impressive point."

About Xtiva Financial Systems
Xtiva Financial Systems is a leading provider of Software as a Service (SaaS) solutions for the brokerage industry. Founded in 1998 and based in New York City, Xtiva has developed state-of-the-art technologies that enable retail and institutional broker/dealers to streamline operations, from sales compensation and production reporting to supervision of rep licensing and compliance issues. With over 100 clients and key industry alliances, Xtiva is the leading provider of sales compensation solutions to the brokerage industry. In 2004, Xtiva was recognized by Inc. 500 as one of the fastest growing privately-held companies in the United States. In 2007, Xtiva was again recognized on the Inc. 5,000 list.

Xtiva's clients include: AXA Financial Advisors, BMO Capital Markets, Friedman Billings Ramsey, H&R Block Financial Advisors, Keefe Bruyette Woods, MetLife, Mutual of Omaha, Northern Trust, and Thomas Weisel Partners. Xtiva has developed alliances with many of the leading financial services firms and vendors in the United States, including Bear Stearns, First Clearing (unit of Wachovia), National Financial, RBC Dain Correspondent Services, Ridge Clearing (formerly ADP Clearing), and Investigo.

For more information about Xtiva, visit www.xtiva.com.

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