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WINNIPEG, MB and WATERLOO, ON – September 10, 2009 -- Wellington West Capital Inc. (Wellington West), one of the fastest-growing independent full-service wealth management firms in Canada, has deployed Arius OpenAdvantage® as their enterprise Account Opening platform.

By automating their account opening process, Wellington West has eliminated numerous manual, labor intensive processes while significantly increasing visibility across the entire business. With OpenAdvantage, Investment Advisors can perform same-day account opening efficiently and accurately, monitor applications in real-time and meet compliance requirements.

“We are delighted to work with Wellington West – one of Canada’s leading independent wealth management firms.” said Adam Zimmer, President and CEO of Arius Software. “Working with Wellington West, I realized we share a common goal: to help make life easier, liberating our respective clients’ time and focus that would be better spent on family, friends and fun.”

“The ability to scale our business while maintaining stellar client service is critical to our success,” said Dennis Stewner, Chief Financial Officer and Chief Operating Officer of Wellington West Holdings Inc. “Adopting Arius OpenAdvantage reiterates our belief that technology investments are an essential element of our business.”
With OpenAdvantage, Wellington West achieved:

Same-day account opening replacing a typical 5-day manual, paper-based process
Transparent Account Opening - Advisors, branch managers and headquarters staff have complete visibility into the account opening process and can manage and monitor the progress of new account opens
Cost Reduction – Increased staff productivity and reduction in courier costs
0% NIGO (Not In Good Order) rates – accounts are opened with correct data
Online repository for all client documentation

“Advisors and support staff have embraced OpenAdvantage,” said Stewner. “The obvious benefits like improved visibility and same-day account opening drove early adoption across our organization.”

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