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11/06~1996 13:27 5632894145 RS CLEMENTS PAGE 05 NOV-0~~98 ~~~[ 01~50 PM NOR~EST BANKS FAX N0. 612667~g~5 P.C3 Norwest Baiyk Truste~ Opex$aons: 7he core trest systems curretlt~~+ supporting accou~t and pOrt#'olio muzagemet~t, compliance monitoring ar-d paymer~Vsecu~;ty processing arn: SEi Tnrsr 3Q04, BandMast~r and AccountControi. Each sysiem is descri.bed below; SE~ Tarust 3Q00 'I'he chall~rrges of the 'Y'ear 2ppq b~ou~tr Norwest to the crossroads nf deciding whether to upgrade ics exisiit~g CO1V[1°ASS system or to purchas~ a new system in ordec to meet the compJex chalfen~es relating tt~ pcocessin~ and elec~ro~ie dara d~tivery. U~timately, the decESXOn was m~ i~ gurchase S~T's Trusc 3C?(~ systerr~ a core trust acCOUntin~ systetn t}~at me~t,; Year Zppp op~~~g r~u~m~nts and aff~rs flexible system solurions to ~11 Norwest cr~st busxncssas. SE1 offers an op~~ architeetur~ tec~notog;y which is desi~ne.d to ailow us to link trvsc dara with achec eiien[ dar~bases, creati~g a eonsolidazed "dara w~rehpuse." 7'~i~ con~oYidated view of inform~uion wzll enhanc~ over~lI c2ient service and ir,nproye p~roducciviry, SET Tr,ast ~000 is a rea!-time proc~ssing sy5te~r-. This allows us ia see up~to-c~e•~~r~te c~sri ahd security balances in aI7 Qusr accourits. lnfornnation r~n today`s settlernents, incor~e payrr~~ts, ~1d schedaled d"isbursetnants wiIl be ~vailahi~ ~ir~t ~hr~$ zach rnorning. All oth~~ activ"tt.y will ~tppear ,~s ~t posts. The S,~I TnYSt 3000 system was fuEly rmplen~enced on ~ ,August 1998. BONl~~7A,STER Bnnc~mxs[er, supparting over 7p~To of fhc top 100 banks in the US. is the paying agentJregisn~r syste,~, used by Norwest. TF~e f~~tures of th15 ot~-Iine, reai-time dara capture atr.d retri6vdl syst~rn includes; full transfer prdcessing, tax reportiqg, ~alder r~por[i~g, principaI snd interest gayn3ent and bor~d call processins. Norwesc re~ceivzS ,~p~~es ~or rhe system pe~iodicaily r~oughouc the year. Accour~tContral Management Sysf~ Corporate Trt~st S~rvic~s ut.ilizes a corporatc tru5t database ,rctaz~age~nenc syscem ~rom AceountCon~ol T~hnologi0s t~ ~ssist the Account Team in the Gompti~nce and risk man~gement tasks of a r.u5torz~er porrfolio. AceountConirol is well equippcd to httndle tt~e specific zequirem~nts of a portfolio, t1lCOipot'~E1Rs CU17]pli~nCe trae}Cjng a]ong with on.going dst~bz~se needs for each isSUe. For e~ample, AccolrncCunuro~ is designed ta track pay~r,ents and ~ener~ate reports outlizaed witELin tbc financina s~ructure of ihe issue or che go~erning documentc, at the Obt~~oz', .Resoltttion ot Borrower le~el- Further, the Account 'I'earri r~eivcs the b~ne~t of automated account mpni.toring to ensurc integ~ity ~r-ithln compiex cash floH- str~YC:nNres o~ muiti-facete~ d~bt. strp~iuce5. .~#Ia nf aur reporting £ormacs can be modiTied throu~ the use of Nonti~est ACCESS to accornmodata a variety of sp~cial repoRit~~ needs th3t the Trust znay hav~ ~~at~ to this ~ssignment. For ftu~t~er ~n#'ormatton abo~t Norwest ACCLSS, plsase se.~ question s of this setiion. Tlie A~count T~: Doreeh Rowe Tei: 6.].2.667.0189 Scaiar t~faaage~r/Asst, Vice Presideut Fax:61Z.667.98z5 Julie B~sveld TeJ: 612.667.9T30 Account Repr~entative ~`ax: 6l2.6fi7.9825 ~'oz- Persoz~t~ Ptotiles, pl~,ase see tha end of this RFP_