News

Relationship to enhance services currently provided by HLCM to its clients

Arlington, Texas- September 2, 2008 - First Rate, a provider of investment analysis and performance measurement software and services, announced today that it has signed an agreement with Hilliard Lyons Capital Management, LLC. HLCM is an investment firm specializing in institutional asset management for clients such as foundations and endowments, corporate pension and profit sharing funds, Taft Hartley and public funds. First Rate will assist HLCM by enhancing reporting capabilities and increasing reporting efficiency.

"This partnership allows us to better serve our customers by getting investment results to them faster," said Angie Purcell, Director of Marketing and Administration of HLCM. " Before HLCM began using First Rate they were utilizing two systems to track asset transactions, calculate rates of return and create client reporting. First Rate has made that process easier for HLCM by combining everything into one system, saving time and broadening capabilities for client reporting. Now, by utilizing First Rate solutions, analysts at HLCM have peace of mind that their investment results are accurate. HLCM was able to reduce the time spent on return analysis and client report creation by 75%.