Through the provisions of this partnership Odyssey embeds Numcom’s Nm’4.5 software product, a J2EE compliant software solution to sound orchestrate human skills and system intelligence with the Odyssey Component Suite.

Ever changing compliance regulations have put more pressure on banks to look at ways of improving operational efficiencies and automate business rules. In response to those market requirements, Odyssey decided to fully embed Nm’4.5 functionality with its suite of components to form a solution that enables banks to considerably streamline increasingly complex client/account opening procedures and ease the preparation and management of contractual documents.

With this move, Odyssey provides a comprehensive and fully integrated client/account opening and compliance/due diligence solution. The solution includes client data gathering, name matching, contract and internal document preparation and the approval process. “Our alliance with Numcom allows Odyssey to greatly extend the functionality and value of our solutions” said Antoine Duchateau, CEO of Odyssey Asset Management Systems. “Numcom brings innovative thinking in policy-driven business and has bridged a gap in the demanding niche area of electronic forms. Nm’4.5 has been selected for the robustness of its J2EE compliant technology, its integration and deployment flexibility and the business know-how that the software encapsulates” added Mr Duchateau.

Hanspeter Wolf, co-founder and CEO of Numcom Software said, "We are excited to have been selected by Odyssey Asset Management Systems, the clear leader in Wealth Management utomation .Numcom Software provides a natural extension to the Odyssey Component Suite, by allowing customers to better ensure compliance with policy and regulations across human-based business processes. The combined offering demonstrates true leadership by Odyssey Asset Management Systems, and together offers our joint customer tremendous control and agility."

About Numcom
Numcom Software provides a next generation software product to create, manage and deliver a sound orchestration of human skills and system intelligence. This results in a solution that dramatically increases productivity and is agile enough to evolve with the dynamic needs of today's business.
Numcom has a fast growing customer base, which has already passed more than 12 financial institutions using successfully the Nm'4.5 technology. For more information, visit www.numcom.com

About Odyssey
Odyssey Asset Management Systems is an industry leader in the provision of Wealth Management solutions and services globally. Odyssey solutions are used at over 140 client sites worldwide, in 24 different countries. Odyssey leads the field in wealth management automation in Europe; of the top 25 European banks, 15 are Odyssey customers. For more information, visit www.odyssey-group.com