CI Funds licenses Odyssey workstations

CI Funds has recently signed an agreement with Odyssey to license the new Portfolio Manager and Relationship Manager Workstations. The Toronto-based mutual fund manager, which is the second largest non-bank manager in Canada, will use these Odyssey solutions throughout its HNW (high net worth) division, Assante Wealth Management, to provide a fully-integrated platform to support both the management of HNW client assets and to deliver new client acquisition & service capabilities to Assante’s advisors.

The first phase of implementation will include the installation of several Triple'A and Advisor components - the "building blocks" of the final Workstation solutions. The full PM and RM Workstations will ultimately be used across Assante. The new Odyssey platform will deliver superior client reporting, and, by replacing several existing applications, significantly increase the operation’s productivity.

CI Funds represents Odyssey's first client in North America. Odyssey client services will be provided via Odyssey's New York office.

CI Mutual Funds Inc. is a leading Canadian-owned investment management company, managing about $50 billion in assets as of January 31, 2005. More than 2 million Canadians rely on CI to help realize their goals and dreams. Together, CI and affiliated companies have $68 billion in fee-earning assets.

Assante is a diversified, full-service organization offering a wide range of integrated wealth management products and services. Over 1000 Assante professional advisors work to provide hundreds of thousands of clients with trusted, face-to-face advice and personalized wealth management solutions.

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