Annaly Capital Management, Inc. (NYSE:NLY) (“Annaly” or the “Company”)
and Curium Data Systems (“Curium”) today jointly announced that Annaly
has successfully implemented CuriumEDM as part of its multi-phased
technology initiative focused on driving operational efficiencies and
promoting transparency across its diversified operating platform.
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“Annaly recognizes that master data management is fundamental to data
quality control,” said Don Choe, Chief Technology Officer at Annaly. “We
evaluated numerous MDM products and vendors and chose CuriumEDM for the
product’s flexible architecture, ease of integration and
well-established reputation with their clients. Utilizing
industry-leading technology like CuriumEDM as a complement to Annaly’s
proprietary application development enables us to continue to improve
operations, increase efficiency and reduce costs.”
Mat King, Head of Implementations at Curium Data Systems, said,
“Annaly’s focus on technology and MDM provided us with a great
opportunity to demonstrate the configuration flexibility offered by the
Curium platform.” King added, “CuriumEDM is a state-of-the-art system
that allows users to implement high levels of control and quality
management over key data sets. While Annaly’s requirements were complex,
together we were able to develop a comprehensive solution to meet their
needs, positioning both companies for continued success in the future.”
About Annaly Capital Management, Inc.
Annaly is a leading diversified capital manager that invests in and
finances residential and commercial assets. Annaly’s principal business
objective is to generate net income for distribution to its stockholders
and to preserve capital through prudent selection of investments and
continuous management of its portfolio. Annaly has elected to be taxed
as a real estate investment trust, or REIT, for federal income tax
purposes. Annaly is externally managed by Annaly Management Company LLC.
Additional information on the Company can be found at www.annaly.com.
About Curium Data Systems
Curium Data Systems Limited is a specialist software application
provider within data management. Based in London, it is dedicated to
delivering market leading solutions to the global financial services
industry. With a proven track record of successful project delivery,
extensive experience in data management and an in-depth understanding of
the business operating models within financial services, Curium Data
Systems can help firms maximise the benefits of complex financial data
quality management. ‘Curium’ is a registered trademark of Curium Data
Systems Limited.
Forward-Looking Statements
This news release and our public documents to which Annaly refers
contain or incorporate by reference certain forward-looking statements
which are based on various assumptions (some of which are beyond
Annaly’s control) and may be identified by reference to a future period
or periods or by the use of forward-looking terminology, such as “may,”
“will,” “believe,” “expect,” “anticipate,” “continue,” or similar terms
or variations on those terms or the negative of those terms. Actual
results could differ materially from those set forth in forward-looking
statements due to a variety of factors, including, but not limited to,
changes in interest rates; changes in the yield curve; changes in
prepayment rates; the availability of mortgage-backed securities and
other securities for purchase; the availability of financing and, if
available, the terms of any financing; changes in the market value of
Annaly’s assets; changes in business conditions and the general economy;
Annaly’s ability to grow its commercial real estate business; Annaly’s
ability to grow its residential mortgage credit business; Annaly’s
ability to grow its middle market lending business; credit risks related
to Annaly’s investments in credit risk transfer securities, residential
mortgage-backed securities and related residential mortgage credit
assets, commercial real estate assets and corporate debt; risks related
to investments in mortgage servicing rights; Annaly’s ability to
consummate any contemplated investment opportunities; changes in
government regulations and policy affecting Annaly’s business; Annaly’s
ability to maintain its qualification as a REIT for U.S. federal income
tax purposes; and Annaly’s ability to maintain its exemption from
registration under the Investment Company Act of 1940, as amended. For a
discussion of the risks and uncertainties which could cause actual
results to differ from those contained in the forward-looking
statements, see “Risk Factors” in Annaly’s most recent Annual Report on
Form 10-K and any subsequent Quarterly Reports on Form 10-Q. Annaly does
not undertake, and specifically disclaims any obligation, to publicly
release the result of any revisions which may be made to any
forward-looking statements to reflect the occurrence of anticipated or
unanticipated events or circumstances after the date of such statements,
except as required by law.
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