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Dynamic Wealth Management moves to MCI Consultants

Johannesburg, 21 Feb 2005

MCI Consultants today announced that Pretoria-based Dynamic Wealth, a member firm of the JSE, has changed its fundamental software to MCI`s fully integrated product suite of TradeCIS, PortCIS and NetCIS and has now `gone live` on this new software.

"We are delighted that we have now become operational with our online Web-based trading system," commented Willem Hardijzer, IT Manager of DWM. "We identified an urgent need for a system that is absolutely reliable and priced right. We were looking for a software vendor that took our business as seriously as we do.

"Thus, this time around, we weren`t just looking for a solution but for a technology partner that would continue to work closely with us both now and into the future. We wanted a company that would advise us appropriately on all technology matters, as well as provide the enhancement capabilities that we need on an on-going basis. MCI Consultants fits that bill admirably and we look forward to a long and fruitful relationship with them," continued Hardijzer. "The new system that we have installed has included in it several enhancements that we requested of MCI which enhances order execution."

"Dynamic Wealth is the first organisation to go live with our online Web-based trading software," added Jan Rabbets, Business Partner of MCI Consultants. "Importantly, the enhancements that we undertook for DWM have now been incorporated in the latest version of the software and are therefore providing the capabilities that Dynamic Wealth requested."

TradeCIS, a trading system, was designed according to the JSE/LSE specification and incorporates the relevant JSE rules and legislation. This was specifically done to ensure that users not familiar with, or aware of, the rules and regulations of the JSE, are unable to enter illegal orders. The system can be used in standalone mode or integrated with PortCIS and/or NetCIS.

PortCIS, an innovative Portfolio Management Information System, was developed to assist portfolio managers in managing their accounts. The system can be used in standalone mode or integrated with TradeCIS and/or NetCIS.

NetCIS is a Web-based system that allows clients to access market research and data, the facility to view their portfolio`s and account information online and the facility to buy and sell shares.

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DWM Securities

DWM Securities is a member firm of the JSE, whose key focus is on the shares trading on the JSE. DWM professionals exploit investment opportunities using fundamental research, technical analysis and in-depth understanding of macroeconomic and global market trends. DWM strictly system bound investment strategy governs the highly experienced asset management team and portfolios are tailored to investors` risk profiles and expected returns. Rand hedge shares are included to safeguard investments against socio-political and currency fluctuations. DWM follows an open door policy in that clients have direct access to the company`s portfolio managers.

MCI Consultants

MCI Consultants is a South African-based business information systems consulting firm specialising in providing software solutions to the business community, specifically to the financial services and personnel recruitment industries.

It offers a complete solution, which can include project management, consulting services, installation, training and support, packaged software implementations, product development including e-commerce solutions, hardware supply, installation and design services.

Its approach is to continuously provide solutions to meet clients` changing requirements. It takes pride in delivering excellent customer service and building lasting partnerships with clients.

Editorial contacts

Paul Booth
Global Research Partners
(082) 568 1179
pabooth@mweb.co.za