Xeye Signs Several New Clients - Increases Market Share in U.S.
23-Apr-07
New York, NY, April 23, 2007 – Xeye, the leading provider of wealth management software and solutions to the financial services industry, affirms its growth expectations by adding 6 new clients in the first three months of 2007.
As a result of its increased presence in the U.S. market and the successful deployment of its web based ASP solution, Xeye has built considerable momentum in the wealth management space. Xeye has been able to increase its market share with sales of both the in-house and ASP versions of WealthManager.
“The rapid expansion of our client base validates our belief that there is a strong demand for new technology solutions in the U.S. banking and brokerage sectors.” said John Fennelly, Xeye’s Managing Director. “We have worked extremely hard at building solutions to meet our clients’ requirements and believe we are well positioned to add to our growing market share.”
The six new clients include:
- A US-based international wealth management firm serving UHNW families, foundations and endowments
- A leading, full-service financial institution with assets of almost $20 billion, with over 150 branches and 130 agencies
- A major national financial services firm that will deploy Xeye to power its SMA platform
- The broker dealer unit of a large international bank that offers family office and wealth management services to HNW families
- An investment manager that for over 70 years has provided investment management expertise and trust and estate planning to individuals, families and institutions
- - A long established multi-client family office with over 50 years of experience that specializes in providing comprehensive and customized investment management and wealth advisory services