<ARTICLE> 5
<MULTIPLIER> 1,000
       
                                                  
<PERIOD-TYPE>                   YEAR                   YEAR
<FISCAL-YEAR-END>                          DEC-31-1998             DEC-31-1997
<PERIOD-START>                             JAN-01-1998             JAN-01-1997
<PERIOD-END>                               DEC-31-1998             DEC-31-1997
<CASH>                                          39,182                  10,079
<SECURITIES>                                    46,770                  44,522
<RECEIVABLES>                                  491,242                 345,958
<ALLOWANCES>                                         0                       0
<INVENTORY>                                          0                       0
<CURRENT-ASSETS>                               577,194                 400,559
<PP&E>                                           9,900                   3,066
<DEPRECIATION>                                 (3,046)                   (548)
<TOTAL-ASSETS>                                 676,314                 422,232
<CURRENT-LIABILITIES>                          511,564                 269,650
<BONDS>                                              0                       0
<PREFERRED-MANDATORY>                                0                       0
<PREFERRED>                                          0                       0
<COMMON>                                            29                      29
<OTHER-SE>                                     146,684                 138,393
<TOTAL-LIABILITY-AND-EQUITY>                   676,314                 422,232
<SALES>                                         67,577                  60,476
<TOTAL-REVENUES>                                67,577                  60,476
<CGS>                                                0                       0
<TOTAL-COSTS>                                        0                       0
<OTHER-EXPENSES>                                53,766                  24,755
<LOSS-PROVISION>                                     0                       0
<INTEREST-EXPENSE>                                   0                       0
<INCOME-PRETAX>                                 13,819                  35,721
<INCOME-TAX>                                     5,528                  15,001
<INCOME-CONTINUING>                              8,291                  20,720
<DISCONTINUED>                                       0                       0
<EXTRAORDINARY>                                      0                       0
<CHANGES>                                            0                       0
<NET-INCOME>                                     8,291                  20,720
<EPS-PRIMARY>                                     0.29                    0.91
<EPS-DILUTED>                                     0.29                    0.91