Miningham & Oellerich : News

November 10, 2009
Miningham & Oellerich, DST Technologies Form Relationship

Companies Enter Joint Marketing Agreement to Provide Innovative Solutions for the Broker-Dealer Industry

NEW YORK, NY and KANSAS CITY, MO, Nov. 10, 2009 — DST Technologies, Inc., a provider of business process management solutions to the financial services and brokerage industries, and Miningham & Oellerich, Inc. (M&O), an enterprise data solutions provider for institutional broker-dealers, banks and insurance companies, today announced they have formed a strategic relationship for the purpose of jointly marketing their solutions to better serve clients in the broker-dealer industry.

Working collaboratively, DST Technologies and M&O will each deliver its own solution designed to help performance oriented broker-dealer organizations improve productivity, quality and unit cost management. In the initial collaborative implementation of their respective solutions, the client saw improvements in its processing time for new account transactions of 200 percent.

“We are pleased to work with M&O to bring innovative solutions to broker-dealers,” said John Vaughn, vice president, DST Technologies. “This relationship will maximize the vast industry knowledge of both companies to help broker-dealers more efficiently manage client accounts.”

DST Technologies’ AWD solution is a comprehensive business process management solution used by broker-dealers to manage high volume processing, new account setup, account maintenance, document management and sophisticated work allocation. M&O’s web-based solutions automate a number of manual processes for broker-dealers, while also integrating compliance, commissions, books and records and operational functions.

“I look forward to working with DST Technologies and broker-dealers to identify ways that AWD and our Serve Me! Suite can drive innovation,” said Mike Brodeur, president, M&O. “In prior experience as a broker-dealer client of both DST Technologies and M&O, I have managed teams that have successfully implemented AWD in two U.S. broker-dealers. So, I have witnessed first-hand the business impact that AWD can have on field brokers and agents as well as in internal operations, including a new level of efficiency and improved positioning to attract new business opportunities. We will be working towards this type of effect for other broker-dealer clients with this new relationship.”

About DST Technologies, Inc.
DST Technologies, Inc. is a wholly owned subsidiary of DST Systems, Inc. Through sophisticated information processing and computer software services and products, DST Technologies helps clients improve productivity, increase efficiencies and provide higher levels of customer service. For clients in a variety of industries, including mutual funds, brokerage, healthcare, insurance, and video/broadband, AWD has helped reduce the cost of operations while increasing the speed and accuracy of business processing and customer service through business process management technology. For more information about AWD, visit www.dstawd.com.

About Miningham & Oellerich, Inc.
Miningham & Oellerich, Inc. enables clients to achieve and sustain breakthrough continuous improvements in service, operational costs, and performance by providing contemporary and adaptive technology solutions and sales productivity tools all on one platform or in concert with clients’ existing technology assets. Our solutions are delivered through professional consulting services by a dedicated staff and experienced management team that assures our products excel amid the constant evolution of technology, business practices and regulation. Our flagship product, the Serve Me! Suite, is a robust tool for home office personnel that provides a myriad of capabilities. M&O’s systems are integrated with all major industry clearing providers. For more information, please call 212.542.4300 or visit www.serveme.com.

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"With M&O, we can offer our registered representatives a compensation payment system that takes the mystery out of their commission payments." -- Mark Silberman, President, Park Avenue Securities LLC "M&O’s system is consistent with Commerce's vision of 'The Most Convenient Bank' by making it easier for our reps and customers to have the transparency they have come to expect from our full service brokerage platform." -- Stan Gregor, former CEO, Commerce Capital Markets	News Current News Archive November 10, 2009 Miningham & Oellerich, DST Technologies Form Relationship Companies Enter Joint Marketing Agreement to Provide Innovative Solutions for the Broker-Dealer Industry NEW YORK, NY and KANSAS CITY, MO, Nov. 10, 2009 — DST Technologies, Inc., a provider of business process management solutions to the financial services and brokerage industries, and Miningham & Oellerich, Inc. (M&O), an enterprise data solutions provider for institutional broker-dealers, banks and insurance companies, today announced they have formed a strategic relationship for the purpose of jointly marketing their solutions to better serve clients in the broker-dealer industry. Working collaboratively, DST Technologies and M&O will each deliver its own solution designed to help performance oriented broker-dealer organizations improve productivity, quality and unit cost management. In the initial collaborative implementation of their respective solutions, the client saw improvements in its processing time for new account transactions of 200 percent. “We are pleased to work with M&O to bring innovative solutions to broker-dealers,” said John Vaughn, vice president, DST Technologies. “This relationship will maximize the vast industry knowledge of both companies to help broker-dealers more efficiently manage client accounts.” DST Technologies’ AWD solution is a comprehensive business process management solution used by broker-dealers to manage high volume processing, new account setup, account maintenance, document management and sophisticated work allocation. M&O’s web-based solutions automate a number of manual processes for broker-dealers, while also integrating compliance, commissions, books and records and operational functions. “I look forward to working with DST Technologies and broker-dealers to identify ways that AWD and our Serve Me! Suite can drive innovation,” said Mike Brodeur, president, M&O. “In prior experience as a broker-dealer client of both DST Technologies and M&O, I have managed teams that have successfully implemented AWD in two U.S. broker-dealers. So, I have witnessed first-hand the business impact that AWD can have on field brokers and agents as well as in internal operations, including a new level of efficiency and improved positioning to attract new business opportunities. We will be working towards this type of effect for other broker-dealer clients with this new relationship.” About DST Technologies, Inc. DST Technologies, Inc. is a wholly owned subsidiary of DST Systems, Inc. Through sophisticated information processing and computer software services and products, DST Technologies helps clients improve productivity, increase efficiencies and provide higher levels of customer service. For clients in a variety of industries, including mutual funds, brokerage, healthcare, insurance, and video/broadband, AWD has helped reduce the cost of operations while increasing the speed and accuracy of business processing and customer service through business process management technology. For more information about AWD, visit www.dstawd.com. About Miningham & Oellerich, Inc. Miningham & Oellerich, Inc. enables clients to achieve and sustain breakthrough continuous improvements in service, operational costs, and performance by providing contemporary and adaptive technology solutions and sales productivity tools all on one platform or in concert with clients’ existing technology assets. Our solutions are delivered through professional consulting services by a dedicated staff and experienced management team that assures our products excel amid the constant evolution of technology, business practices and regulation. Our flagship product, the Serve Me! Suite, is a robust tool for home office personnel that provides a myriad of capabilities. M&O’s systems are integrated with all major industry clearing providers. For more information, please call 212.542.4300 or visit www.serveme.com.

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