FRSGlobal

Raymond James automates U.S. Regulatory Reporting Process with FRSGlobal Solution

03/06/2009

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New York, NY - June 3, 2009: FRSGlobal, the only global provider of risk and regulatory compliance solutions on a unified platform with coverage for over 30 countries, today announced that Raymond James Financial, Inc. (NYSE-RJF), a diversified financial services holding company, has selected FRSGlobal's consolidated risk and regulatory platform to provide its regulatory reports to all of the major U.S. banking regulators.

The FRSGlobal solution will allow Raymond James to automate weekly, monthly, quarterly, biannual, and annual reports required by the Federal Reserve, Federal Deposit Insurance Corporation (FDIC), Federal Financial Institutions Examination Council (FFIEC), Department of Commerce, and Department of Treasury.

Raymond James has selected FRSGlobal's "subscription model" which will protect it from additional expenses in addressing regulatory changes.

Richard Ferrari, Vice President - Americas, FRSGlobal, commented:

"We believe that regulations are going to change dramatically and continuously, not just over the next 12 months, but into the foreseeable future. Leading firms like Raymond James Financial realize the need for automation and better control processes to provide the kinds of reporting you need to do to conduct business moving forward."

About Raymond James Financial

Raymond James Financial (NYSE-RJF) is a Florida-based diversified holding company providing financial services to individuals, corporations and municipalities through its subsidiary companies. Its three principal wholly owned broker/dealers (Raymond James & Associates, Raymond James Financial Services and Raymond James Ltd.) and Raymond James Investment Services Limited, a majority-owned independent contractor subsidiary in the United Kingdom, have a total of more than 5,000 financial advisors serving approximately 1.8 million accounts in 2,200 locations throughout the United States, Canada and overseas. In addition, total client assets are currently $183 billion, of which approximately $28 billion are managed by the firm's asset management subsidiaries.

About FRSGlobal

FRSGlobal is the only provider of risk management and regulatory compliance reporting solutions on a unified platform with a single data model.