released Advantage 1.1 in 1993, and by the end of the decade it was the leading system of its type, with a blue chip clientele including the largest banks and investment advisors in North America. It was the first system to completely automate the billing process for both industries, providing both invoicing and direct debit with unequalled accuracy on even the most complex and familied fee schedules. With the introduction of Version 4.4 in 2001, the system became completely multi-currency/multilingual with Euro Triangulation.

Complete automation combined with accurate, rule-based computation invariably increases revenues for users while reducing operating overhead, making Advantage a highly cost effective business tool. The software also provides multi-product consolidation of all trust and asset management billing for larger institutions, plus great transparency of data for financial analysis across business units.

Advantage is now offered in a number of configurations and price ranges to accommodate a range of institutions from the very largest to those with well under $1 billion dollars under management.

With successful companies ranging in AUM from several hundred thousand to the area of $1 trillion US, all in need of accurate billing and reporting, a system must be designed for adaptability. Over time Advantage has been reconfigured and repriced several times to allow its use by almost any bank or asset manager. The software is offered currently on three tiers, each with options that allow users to purchase only what they need, with the opportunity to add modules later as required. The core code of all these systems is the same, which means that the degree of accuracy and flexibility in regard to billing rules ("fee schedules") is in no way restricted for any user.

All systems offer Billing, Accounts Receivable and Accruals modules, and include basic reports. Additional reports packages are available to the larger systems, and users can also construct ad hoc reports with standard tools.

Advantage LTD has many options, and is the most popular asset management system. It is offered to companies with AUM up to $30 billion, up to 3000 accounts, and limited customization is permitted. The license allows twenty users, and flexibility is the keynote. In addition to Accounts Receivable and Accruals modules, Extended Reports Package "B" and Multi-currency/multilingual modules are also available with LTD.

Advantage Plus is our top system, capable of handling account volumes well in excess of 100,000. There are no asset or account restrictions. Specifically, it is the only system in which core code customization is permitted. Plus is typically implemented for banks and large investment advisors that want the freedom to adapt the system without restriction, or those which are approaching LTD limits and wish to avoid a system change in the near or medium term. As with all our systems, only those modules that are needed are purchased, and others may be added later.