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Crédit Foncier de France Selects SunGard for Interest Rate Risk Management - BancWare to provide fully integrated asset/liability management, data management, funds transfer pricing and advanced behavior analysis

NEW YORK, November 19, 2001– SunGard Trading and Risk Systems, an operating group of SunGard (NYSE: SDS), today announced that Paris-based Crédit Foncier de France (CFF) has selected BancWare for cross-currency interest rate risk management and product modeling. BancWare will support the bank’s entire €40 billion balance sheet across its six entities.

CFF will use BancWare Insight to collect, validate and enrich its position from six legacy systems to perform transfer price calculation and assignment. BancWare Convergence will then import the data for asset/liability management (ALM) and advanced, multi-currency behavior modeling. Convergence will be used to model and report on CFF’s multiple lines of business. CFF will also use BancWare to support its highly specific and complex mortgage business. Specifically, double index mortgage products that have variable cash flow amortizations will be modeled using Convergence’s flexible product set-up screens.

Jean Marc Vargel, director at CFF, said, "Throughout the selection process we were very impressed with the dedication, enthusiasm and partnership approach we received from SunGard’s BancWare team. We selected the solution because of its ability to provide 100% confidence in our data, and because of its flexible platform, on which we

can perform sophisticated modeling of our instruments. BancWare’s income accrual and balance sheet modeling proved to be more robust and accurate than that of competing solutions. We are also confident in SunGard’s commitment to the industry and in its European support network."

Bill Collette, director of BancWare EMEA, said, "We are very excited that CFF, a leading French bank, has selected BancWare to support its balance sheet, including the intricacies of its mortgage portfolio. CFF is joined by over 50 European banks that also use BancWare. Five out of the top seven banks in the UK and 13 of the top 50 in Europe are using BancWare for ALM, underscoring the robustness of BancWare’s analytics and data management."