Empyrean Strategic Partners and MWI Solutions Form Alliance for Financial Risk Management and Profit Planning

Birmingham, AL, October 19, 2011 --(PR.com)-- Empyrean Strategic Partners and MWI Solutions today announced a joint operating agreement that integrates their enterprise risk management, profitability, funds transfer pricing and budgeting systems. The products of both companies now provide for the seamless exchange of data, offering customers a fully integrated alternative to independent systems.

This agreement builds upon a long term association between the two companies and their commitment to innovation, low total cost of ownership, and strong customer relationships. Under this agreement, both companies will offer the entire line of products to select clients.

David Magee, Managing Partner at Empyrean, commented, “We have known Marc Whitney of MWI Solutions for over fifteen years and we have successfully cooperated on numerous projects. Today we are pleased to have taken that cooperation one step farther and offer our clients a complete suite of integrated financial products.”

MWI Solutions’ Marc Whitney added, “David, Thomas and Carl have always provided the financial industry with the foremost cutting-edge state-of-the-art risk management solutions. We are continually challenged to provide compatible products that best complement and integrate with their product line. ”

Empyrean Strategic Partners brings almost thirty years of experience in financial risk management to the marketplace. The very first in asset/liability management (ALM) to offer stochastic simulation capability, Empyrean’s staff has a proven record of innovation derived from direct responsibility for earnings risk management at a number of financial institutions, both large and small.

Today Empyrean offers a fully scalable and customizable enterprise risk management system for financial institutions of all sizes. Using Empyrean clients are able to accurately and efficiently model their institution’s balance sheet for income and economic value sensitivity.

MWI Solutions is a software and consulting firm that provides profit/forecasting analysis for financial institutions concerned with increasing shareholder value. Providing software and services to financial corporations since 1992, this software was designed to turn data into actionable information, resulting from profitability measurement, financial forecasting and historical assessment. The product modules were built with flexibility in mind. All products work together with one database and one architecture.

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