MIMICS & Satyam
MIMICS is excited to announce our new alliance with Satyam Computer Services, Ltd. (NYSE: SAY), one of the five largest software services companies in India with over $2 billions in revenues. MIMICS' global alliance with Satyam will help us promote and license our Central Banking software products in Europe, Asia, the Middle East, and Africa. Our market share will grow beyond our current region, and our overseas resources will increase to meet new demands.

For our existing clients who are wondering how this will affect their relationships with MIMICS, rest assured that this marketing alliance will have zero impact on our current support resources and our overall quality of service. Satyam will not provide support to our current clients, and the marketing concentration is outside of North America. If you have any other questions, please give us a call.

About Satyam: Satyam’s ideas and products have resulted in technology-intensive transformations that have met the most stringent of international quality standards. Satyam Development Centers in India, the USA, the UK, the UAE, Canada, Hungary, Malaysia, Singapore, China, Japan and Australia serve over 600 global companies, including more than one-third of Fortune 500.

• System Cost/Benefit
  If the contract with your current provider is coming due, we invite you to review our system licenses. They are often substantially lower than our competitors', and in many instances, the fully paid up MIMICS license can be less than the annual fee charged by your current provider. Also, please note the range of products offered by MIMICS. From a single source, you can have a system that assists with portfolio management, risk analysis, and money market operations.
• Outsourcing
  For some processes, consider outsourcing to MIMICS. For a low, pay-as-you-go fee, MIMICS can conduct your monthly reconciliations or provide the data entry for your portfolio management. This can drastically reduce your capital outlays.
• Wealth Advisor
  Many investors are going to their investment advisors for solutions to protect and enhance their wealth. MIMICS Customer Portfolio Management System provides you with the tools required for managing your clients' assets (from securities through real estate), and it will perform functions such as automatically calculating fees and billing your customers.
• Allocated CDs
  MIMICS' Allocated CD system can help you retain and increase your customer base by allowing you to place large deposits, above the new $250,000 limit, and allocate them among CDs from several institutions to maintain the safety of the investment.
• Business Intelligence
  MIMICS Systems can store an enormous amount of data that is gathered in the course of your business. MIMICS has statistical and probabilistic tools to help you ascertain and control your risks. There are other system features that allow you to prospect for sales and convert prospects to customers. You can provide your clients with performance figures and include graphs and charts in their statements. All of this is available at a fraction of the cost you normally find in the market.

MIMICS Global Reconciliation System
MIMICS Global Reconciliation System will reconcile any type of data such as checking accounts, custody accounts, or any type of numeric or character data. It is a highly flexible and extremely powerful system for reconciling multiple sets of data according to user definition. The reconciliation engine is configured by the user for each reconciliation, allowing tolerances to be set, errors to be processed according to user requirements, and error/mismatch processes to be spawned. These processes are tracked by the system, passing work to specific user work queues depending upon the user specifications.

There are four basic components to the MIMICS Global Reconciliation System. There is a set of interfaces for importing the data to be reconciled. Parameters andtolerances are set up by the user to control the reconciliation. The system reports on all matches that fall outside of the tolerances that are set. The reconciliation engine does the comparison, checks the tolerable limits, and processes errors. Among the types of errors processes spawned by mismatches are user-defined processesthat can assign tasks to multiple employees to assist them in the manual reconciliation and for finding solutions