Sanchez Computer Associates, Inc. - SCAI- Profile

Sanchez Computer Associates, Inc.. The Group's principal activities are to develop and market scalable and integrated software and service solutions that provide retail banking, brokerage and customer integration for financial institutions. The Group operates through three segments: Software licensing, e-PROFILE outsourcing and Wealth management. Software licensing consist of Sanchez integrated banking platform that empowers financial institutions to accelerate business transformation and achieve a competitive advantage. The Group's e-PROFILE solution provides an integrated end-to-end operations and technology platform. Wealth management empowers financial institutions to effectively manage investor assets online. The operations are carried out in the United Kingdom, Madrid, Warsaw, Amsterdam, the Netherlands, Poland, Spain and Singapore. Software Licensing accounted for 50% of 2003 revenues; e-PROFILE outsourcing, 39% and Wealth Management, 11%