Trading Technology Shorts

Xasax Joins Exegy Ticker Plant
Exegy, Inc., the innovator behind the Exegy Ticker Plant, announced today that Xasax Corporation has become the newest Exegy Ticker Plant customer. Xasax Joins Exegy Ticker Plant- -Exegy, Inc., the innovator behind the Exegy Ticker Plant, announced today that Xasax Corporation has become the newest Exegy Ticker Plant customer.

Rimes Adds the Yield Book
RIMES Technologies has added The Yield Book analytics to its data portfolio. The Yield Book models calculate yield, risk, and return measures consistently for a broad spectrum of bonds, enabling users to perform analysis on portfolios comprising a wide range of fixed income security types, such as government, agency, corporate, international and emerging market bonds, mortgages and fixed income derivatives. Rimes Adds the Yield Book- -RIMES Technologies has added The Yield Book analytics to its data portfolio. The Yield Book models calculate yield, risk, and return measures consistently for a broad spectrum of bonds, enabling users to perform analysis on portfolios comprising a wide range of fixed income security types, such as government, agency, corporate, international and emerging market bonds, mortgages and fixed income derivatives.

Cognotec and MNI Forex for RealStream Margin
Cognotec, vendor of the world’s leading e-forex trading solutions, has announced a partnership with Market News International (MNI) to enable traders to access breaking forex market news from around the world. Users of Cognotec RealStream Margin trading solution can now enjoy MNI’s ‘FX Bullet Points’ newsfeed on their desktops from within the RealStream Margin trading platform. Cognotec and MNI Forex for RealStream Margin- -Cognotec, vendor of the world’s leading e-forex trading solutions, has announced a partnership with Market News International (MNI) to enable traders to access breaking forex market news from around the world. Users of Cognotec RealStream Margin trading solution can now enjoy MNI’s ‘FX Bullet Points’ newsfeed on their desktops from within the RealStream Margin trading platform.

Paulson Bad Bank Goes to Congress
The government plan to stabilise the US financial system has been submitted to Congress in revised form.Treasury secretary Henry Paulson has shifted the terms of the $700 billion scheme to incorporate other "bad" assets, apart from complex financial products relating to the mortgage market.The government wants to use the fund to form a "bad bank", in which banks would be allowed to put the toxic derivatives which are currently clogging up their balance sheets. Paulson Bad Bank Goes to Congress- -The government plan to stabilise the US financial system has been submitted to Congress in revised form.Treasury secretary Henry Paulson has shifted the terms of the $700 billion scheme to incorporate other "bad" assets, apart from complex financial products relating to the mortgage market.The government wants to use the fund to form a "bad bank", in which banks would be allowed to put the toxic derivatives which are currently clogging up their balance sheets.

Morgan Stanley and Goldman Sachs Convert to Retail Banks
The last two Wall Street securitisation firms standing are to cease trading as investment banks.Morgan Stanley and Goldman Sachs are to become bank holding companies, which potentially means that they will soon accept customer deposits.Both banks will also now be more directly regulated by the Federal Reserve. Morgan Stanley and Goldman Sachs Convert to Retail Banks- -The last two Wall Street securitisation firms standing are to cease trading as investment banks.Morgan Stanley and Goldman Sachs are to become bank holding companies, which potentially means that they will soon accept customer deposits.Both banks will also now be more directly regulated by the Federal Reserve.

NYSE Euronext Advanced Trading Equities in a Box
NYSE Euronext Advanced Trading Solutions, a world leader in low latency trading technology and division of NYSE Euronext (NYX), today announced an innovative software based solution that has the capability to comfortably handle 10 major US equities feeds on a single server with potential headroom of 3x current market peak capacity. NYSE Euronext Advanced Trading Equities in a Box- -NYSE Euronext Advanced Trading Solutions, a world leader in low latency trading technology and division of NYSE Euronext (NYX), today announced an innovative software based solution that has the capability to comfortably handle 10 major US equities feeds on a single server with potential headroom of 3x current market peak capacity.

Shinhan Bank Selects Everlink
Everlink, a leading provider of electronic payments services in the Canadian marketplace, has announced that Shinhan Bank Canada, a wholly owned subsidiary of Shinhan Financial Group Co. Ltd., has entered into an agreement with Everlink for issuing and acquiring services. Shinhan Bank Selects Everlink- -Everlink, a leading provider of electronic payments services in the Canadian marketplace, has announced that Shinhan Bank Canada, a wholly owned subsidiary of Shinhan Financial Group Co. Ltd., has entered into an agreement with Everlink for issuing and acquiring services.

OTP Bank 1st USD/RUB Deal
OTP Bank (Russia) made its first USD/RUB spot deal as a market-maker on LavaFX trading platform with Dresdner Kleinwort, through legal entity Dresdner Bank AG, as prime broker."We consider this a very important event for the financial markets, - says Igor Suzdaltsev, head of financial institutions at OTP Bank (Russia). Ruble deals started at LavaFX on August 22nd, 2007 but it was hard to increase ruble trades due to small limits on Russian banks. OTP Bank 1st USD/RUB Deal- -OTP Bank (Russia) made its first USD/RUB spot deal as a market-maker on LavaFX trading platform with Dresdner Kleinwort, through legal entity Dresdner Bank AG, as prime broker."We consider this a very important event for the financial markets, - says Igor Suzdaltsev, head of financial institutions at OTP Bank (Russia). Ruble deals started at LavaFX on August 22nd, 2007 but it was hard to increase ruble trades due to small limits on Russian banks.

Dow Jones Alliance with EFE
Dow Jones, a leading provider of global business news and information services, has signed a strategic alliance with Agencia EFE, the world’s fourth-largest news agency. Together they will develop an exclusive joint Spanish-language news service – EFE Dow Jones News - to serve financial professionals, corporations, media, institutions and private investors in Spain. Dow Jones Alliance with EFE- -Dow Jones, a leading provider of global business news and information services, has signed a strategic alliance with Agencia EFE, the world’s fourth-largest news agency. Together they will develop an exclusive joint Spanish-language news service – EFE Dow Jones News - to serve financial professionals, corporations, media, institutions and private investors in Spain.

Impulse Software and Syndicate Asset Management
Paul Mepham, Sales Director at Pulse explains; Syndicate Asset Management is an AIM listed specialist investor in the global asset management industry with approaching £6 billion funds under management. Syndicate Asset Management has built a strong fund management group by consolidating a diverse, yet complementary, group of growing asset management companies based predominantly in the UK but also in the EU and other “offshore” centres. Impulse Software and Syndicate Asset Management- -Paul Mepham, Sales Director at Pulse explains; Syndicate Asset Management is an AIM listed specialist investor in the global asset management industry with approaching £6 billion funds under management. Syndicate Asset Management has built a strong fund management group by consolidating a diverse, yet complementary, group of growing asset management companies based predominantly in the UK but also in the EU and other “offshore” centres.

Orc Software Selected by Liquidez
Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity, today announced that Liquidez, one of Brazil’s largest futures brokers, has selected Orc’s trading and connectivity solutions to connect customers to local markets. This deal was booked Q2 2008.Liquidez will use Orc Trader and Orc CameronFIX to directly trade the BM&F, Brazil’s derivatives exchange. Orc Software Selected by Liquidez- -Orc Software (SSE: ORC), the leading global provider of technology for advanced derivatives trading and connectivity, today announced that Liquidez, one of Brazil’s largest futures brokers, has selected Orc’s trading and connectivity solutions to connect customers to local markets. This deal was booked Q2 2008.Liquidez will use Orc Trader and Orc CameronFIX to directly trade the BM&F, Brazil’s derivatives exchange.

TietoEnator Impelemted by Nordic Banks
TietoEnator, one of the largest IT services providers in Europe, announces that SEPA Credit Transfer Solutions (SEPA Bulker) have been implemented for three of the largest Nordic Banks, Swedbank, Handelsbanken and Nordea, as well as for two Danish bureaus, BEC and SDC. The Nordic banks have implemented TietoEnator’s SEPA Credit Transfer solution, group-wide enabling offices in different countries to connect to one single infrastructure. TietoEnator Impelemted by Nordic Banks- -TietoEnator, one of the largest IT services providers in Europe, announces that SEPA Credit Transfer Solutions (SEPA Bulker) have been implemented for three of the largest Nordic Banks, Swedbank, Handelsbanken and Nordea, as well as for two Danish bureaus, BEC and SDC. The Nordic banks have implemented TietoEnator’s SEPA Credit Transfer solution, group-wide enabling offices in different countries to connect to one single infrastructure.

TietoEnator and SEB Enskilda
SEB Enskilda has selected TietoEnator’s capital market solution ProBroker to manage the company’s trading operation at the Oslo Stock Exchange. SEB Enskilda is the largest broker dealer at the Oslo Stock Exchange in terms of number of transactions as well as volumes. The implementation project has been running since vinter 2008 and 1st September SEB Enskilda went sucessfully into production with their new trading clearing and settlement solution. TietoEnator and SEB Enskilda- -SEB Enskilda has selected TietoEnator’s capital market solution ProBroker to manage the company’s trading operation at the Oslo Stock Exchange. SEB Enskilda is the largest broker dealer at the Oslo Stock Exchange in terms of number of transactions as well as volumes. The implementation project has been running since vinter 2008 and 1st September SEB Enskilda went sucessfully into production with their new trading clearing and settlement solution.

Mark Mobius Claims Recession Fears Exaggerated.
Mark Mobius, managing director, Templeton Asset Management, today claimed that widespread and ongoing fears of a European-wide recession have been exaggerated. Mr Mobius suggests the crisis is being led by repetitive and deepening pessimistic sentiment.The reality, he believes, is that excellent buying opportunities, increased liquidity and a new US administration will create favourable conditions for a rapid recovery in late 2009. Mark Mobius Claims Recession Fears Exaggerated.- -Mark Mobius, managing director, Templeton Asset Management, today claimed that widespread and ongoing fears of a European-wide recession have been exaggerated. Mr Mobius suggests the crisis is being led by repetitive and deepening pessimistic sentiment.The reality, he believes, is that excellent buying opportunities, increased liquidity and a new US administration will create favourable conditions for a rapid recovery in late 2009.

LME SMART Connectivity by Brady
Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals and commodities, has today announced the forthcoming launch of a new interface to LME SMART (the System for Matching and Registering Trades from the London Metal Exchange). LME member firms will be able to interface directly to the LME’s matching system which will forward trades to the London Clearing House (LCH) for clearing. LME SMART Connectivity by Brady- -Brady plc (BRY.L), the leading supplier of trading and risk management solutions for metals and commodities, has today announced the forthcoming launch of a new interface to LME SMART (the System for Matching and Registering Trades from the London Metal Exchange). LME member firms will be able to interface directly to the LME’s matching system which will forward trades to the London Clearing House (LCH) for clearing.

Optial Compliance Management
Optial announced today that the Bank of England has selected Optial’s Compliance Management module from the Optial Operational Risk Management platform, to support its internal control processes. Chris O’Brien, CEO of Optial, said “Every financial institution needs a strong internal control framework and we are delighted that the Bank of England has selected our flexible, workflow-enabled platform to further streamline the Bank’s already very strong monitoring and tracking procedures Optial Compliance Management- -Optial announced today that the Bank of England has selected Optial’s Compliance Management module from the Optial Operational Risk Management platform, to support its internal control processes. Chris O’Brien, CEO of Optial, said “Every financial institution needs a strong internal control framework and we are delighted that the Bank of England has selected our flexible, workflow-enabled platform to further streamline the Bank’s already very strong monitoring and tracking procedures

Temenos Appointments
Temenos (SWX: TEMN), the provider of integrated core banking systems, today announced the following appointments:Keith Stonell has been appointed as Regional Director for Northern Europe (NEU) and Commonwealth of Independent States (CIS), which is one of Temenos' largest and fastest growing regions. Stonell will also be responsible for the integration of the majority of the Financial Objects business, which falls into his regional portfolio. Temenos Appointments- -Temenos (SWX: TEMN), the provider of integrated core banking systems, today announced the following appointments:Keith Stonell has been appointed as Regional Director for Northern Europe (NEU) and Commonwealth of Independent States (CIS), which is one of Temenos' largest and fastest growing regions. Stonell will also be responsible for the integration of the majority of the Financial Objects business, which falls into his regional portfolio.

Fidessa Next Phase of European Multi-Asset Strategy
Fidessa group plc (LSE:FDSA), a leading global provider of multi-asset trading systems, market data and global connectivity solutions, has added an enhanced multi-asset, pre-trade risk module for account-based trading across equities, futures and contracts for difference (CFDs) to its European sell-side trading platform. The move marks the latest phase in Fidessa’s comprehensive multi-asset strategy, and is a direct response to increasing asset convergence seen in both the US and Europe. Fidessa Next Phase of European Multi-Asset Strategy- -Fidessa group plc (LSE:FDSA), a leading global provider of multi-asset trading systems, market data and global connectivity solutions, has added an enhanced multi-asset, pre-trade risk module for account-based trading across equities, futures and contracts for difference (CFDs) to its European sell-side trading platform. The move marks the latest phase in Fidessa’s comprehensive multi-asset strategy, and is a direct response to increasing asset convergence seen in both the US and Europe.

DBFS Acquires Tradermade International
DBFS, the IT Consultancy and Project Delivery specialist, has announced that it has recently acquired Tradermade International Ltd, a premier provider of real-time technical analysis solutions to the financial markets.‘The acquisition of TraderMade is the first of several steps in our growth plans, and a welcome addition to our business’ says David Upton, Managing Director DBFS. DBFS Acquires Tradermade International- -DBFS, the IT Consultancy and Project Delivery specialist, has announced that it has recently acquired Tradermade International Ltd, a premier provider of real-time technical analysis solutions to the financial markets.‘The acquisition of TraderMade is the first of several steps in our growth plans, and a welcome addition to our business’ says David Upton, Managing Director DBFS.

Standard and Poor's Risk Solutions
Greek data and information provider Hellastat and Standard & Poor’s Risk Solutions have announced a new alliance to combine Standard & Poor’s probabilities of default (PD) and Hellastat data and information in a new service for the domestic Greek market.Standard & Poor’s already uses Hellastat financial statement data, along with default information from 3 leading Greek banks, to produce 1 through 5 year PDs on over 35,000 Greek SMEs. Standard and Poor's Risk Solutions- -Greek data and information provider Hellastat and Standard & Poor’s Risk Solutions have announced a new alliance to combine Standard & Poor’s probabilities of default (PD) and Hellastat data and information in a new service for the domestic Greek market.Standard & Poor’s already uses Hellastat financial statement data, along with default information from 3 leading Greek banks, to produce 1 through 5 year PDs on over 35,000 Greek SMEs.

Celoxica PCI Express
Celoxica Holdings plc (AIM: CXA) a leading provider of low latency trading solutions, announces today that as a result of customer demand for Celoxica's hardware-accelerated market data products on the latest server platforms it is working with Intel to produce a PCI Express® implementation of its Accelerator Series. Celoxica PCI Express- -Celoxica Holdings plc (AIM: CXA) a leading provider of low latency trading solutions, announces today that as a result of customer demand for Celoxica's hardware-accelerated market data products on the latest server platforms it is working with Intel to produce a PCI Express® implementation of its Accelerator Series.

Trintech AssureNET GL Selected by Chrysler Financial
Trintech Group Plc (Nasdaq: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that Chrysler Financial has selected AssureNET GL to automate the review, approval, and status tracking of account reconciliations and manage the accounting close process and ReconNET for high volume transaction matching. Trintech AssureNET GL Selected by Chrysler Financial- -Trintech Group Plc (Nasdaq: TTPA), a leading global provider of integrated financial governance, transaction risk management, and compliance solutions, today announced that Chrysler Financial has selected AssureNET GL to automate the review, approval, and status tracking of account reconciliations and manage the accounting close process and ReconNET for high volume transaction matching.

First STAC-M1 Benchmark
The Securities Technology Analysis Center (STAC®) today announced that the STAC Benchmark Council has approved the STAC-M1 Benchmark™ specifications. This marks the first industry-standard benchmark for trading technology.The STAC Benchmark Council is a group of 40 leading trading firms and technology vendors that was formed one year ago to develop standard ways of measuring the performance of trading technologies (see www.STACresarch.com/council). First STAC-M1 Benchmark- -The Securities Technology Analysis Center (STAC®) today announced that the STAC Benchmark Council has approved the STAC-M1 Benchmark™ specifications. This marks the first industry-standard benchmark for trading technology.The STAC Benchmark Council is a group of 40 leading trading firms and technology vendors that was formed one year ago to develop standard ways of measuring the performance of trading technologies (see www.STACresarch.com/council).

Advent Software Record Attendance
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced record-setting attendance at its 2008 Annual Client Conference held in Las Vegas. The event, which took place September 8 – 10, was Advent’s largest and most successful conference to date with nearly 1,400 attendees. The conference also included Advent’s Annual Analyst and Investor Event.“As Advent celebrates its 25th anniversary. Advent Software Record Attendance- -Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services to the investment management industry, today announced record-setting attendance at its 2008 Annual Client Conference held in Las Vegas. The event, which took place September 8 – 10, was Advent’s largest and most successful conference to date with nearly 1,400 attendees. The conference also included Advent’s Annual Analyst and Investor Event.“As Advent celebrates its 25th anniversary.

SoftModule Grid Computing for Tervela
Tervela, the leading provider of high-performance, low-latency messaging systems, today announced that SoftModule, an innovative provider of enterprise-class grid computing solutions, has joined the Tervela Advantage Partner Program (TAPP). The companies will be working together to provide a high-performance GridSwitch computing solution that leverages the Tervela Message Network™ to effectively meet the demanding requirements for large-scale grid computing platforms. SoftModule Grid Computing for Tervela- -Tervela, the leading provider of high-performance, low-latency messaging systems, today announced that SoftModule, an innovative provider of enterprise-class grid computing solutions, has joined the Tervela Advantage Partner Program (TAPP). The companies will be working together to provide a high-performance GridSwitch computing solution that leverages the Tervela Message Network™ to effectively meet the demanding requirements for large-scale grid computing platforms.

Advent Portfolio Exchange
Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that River Road Asset Management, LLC and Knightsbridge Asset Management, LLC are enjoying the benefits of Advent Portfolio Exchange® (APX), its award-winning, fully integrated portfolio and client relationship management solution. Advent Portfolio Exchange- -Advent Software, Inc. (NASDAQ: ADVS), a leading provider of software and services for the global investment management industry, today announced that River Road Asset Management, LLC and Knightsbridge Asset Management, LLC are enjoying the benefits of Advent Portfolio Exchange® (APX), its award-winning, fully integrated portfolio and client relationship management solution.

Linedata Services Award
Linedata Services (LIN:FP), the leader in award-winning investment software, solutions and services, today announced that its Hedge Fund Solution has been recognized as the "Best Provider of Portfolio Management Systems," at the 2008 U.S. Hedge Fund Journal Awards.This award reflects the growing dominance of Linedata Services in the North American hedge fund space during what has been an incredibly productive year across its entire asset management division. Linedata Services Award- -Linedata Services (LIN:FP), the leader in award-winning investment software, solutions and services, today announced that its Hedge Fund Solution has been recognized as the "Best Provider of Portfolio Management Systems," at the 2008 U.S. Hedge Fund Journal Awards.This award reflects the growing dominance of Linedata Services in the North American hedge fund space during what has been an incredibly productive year across its entire asset management division.

DST Opens Jakarta Office
ST International (DSTi) has today confirmed the opening of its new office in Jakarta. The office is located in Menara Prima, in the heart of Jakarta’s thriving central business district, bringing it closer to DSTi’s many local clients in Jakarta. DSTi Indonesia Director Liz East talked about DSTi’s commitment to the Indonesian market: “DST International has been operational in Jakarta for 3 years and in that time we have built a very good reputation here. DST Opens Jakarta Office- -ST International (DSTi) has today confirmed the opening of its new office in Jakarta. The office is located in Menara Prima, in the heart of Jakarta’s thriving central business district, bringing it closer to DSTi’s many local clients in Jakarta. DSTi Indonesia Director Liz East talked about DSTi’s commitment to the Indonesian market: “DST International has been operational in Jakarta for 3 years and in that time we have built a very good reputation here.

IDOM Alliance with Acclaim Resources
IDOM, Inc. today announced that they have formed a preferred vendor relationship with Acclaim Resources, LCC, a leading provider of cost effective solutions to support regulatory and business objectives. IDOM and Acclaim Resources have formed a strategic partnership under which Acclaim Resources is a certified reseller of both IDOM’s industry leading regulatory reporting software - REG-Reporter, and its document and compliance management software application – DOC-Tracker. IDOM Alliance with Acclaim Resources- -IDOM, Inc. today announced that they have formed a preferred vendor relationship with Acclaim Resources, LCC, a leading provider of cost effective solutions to support regulatory and business objectives. IDOM and Acclaim Resources have formed a strategic partnership under which Acclaim Resources is a certified reseller of both IDOM’s industry leading regulatory reporting software - REG-Reporter, and its document and compliance management software application – DOC-Tracker.

Manam Infotech Bahrain Subsidiary
Manam Infotech Pvt. Ltd., a leading provider of Mobile, Speech, Contact Center and Origination solutions to Banks, Financial Institutes and Government Agencies has announced the opening of Manam Infotech W.L.L., a Middle East subsidiary based in Bahrain. The company hired Mr. Amarnath Choudhary, Director, will be responsible for the Middle East Sales and Operations Manam Infotech Bahrain Subsidiary- -Manam Infotech Pvt. Ltd., a leading provider of Mobile, Speech, Contact Center and Origination solutions to Banks, Financial Institutes and Government Agencies has announced the opening of Manam Infotech W.L.L., a Middle East subsidiary based in Bahrain. The company hired Mr. Amarnath Choudhary, Director, will be responsible for the Middle East Sales and Operations