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Pulse Software Systems Integrates BITA Plus Technology to Provide Improved Risk Tools for Private Client Wealth Managers

- Caters for increasing demand for risk tools in private wealth
- Provides new levels of functionality previously unavailable in a
single offering

26th November 2001 - London - BITA Plus Consultants, the global provider of risk management and portfolio optimisation software, today announced that Pulse Software Systems is adding its performance and risk attribution software components to its Portfolio Management System, Pulse Portfolio.

Pulse Software Systems is a leading supplier of wealth management solutions to organisations serving private clients. Pulse Portfolio currently provides Discretionary, Advisory, PEP and ISA portfolio management, portfolio modelling and rebalancing, performance measurement, fully integrated CGT and sophisticated client and management reporting.

The enhanced product will give private wealth managers access to BITA Plus Consultants' highly specialised risk analysis tools, enabling them to respond to the increasing demands of clients for a degree of risk management and performance attribution currently only available to institutional managers. Project management of the integration and front-line support will be provided by Pulse allowing users to deal with a single supplier.

Paul Mepham, Business Development Director of Pulse comments, "An increasing number of our clients have sophisticated risk requirements.
BITA Plus Consultants, like Pulse, is at the forefront of its market and we approached them to discuss the mutual benefits of combining our expertise to provide an all-in-one solution for managers seeking increased risk functionality in their portfolio management system."

Simon Tizard, Commercial Director, BITA Plus Consultants, comments, "BITA Plus's technology is designed in component form, allowing us to provide modules of software for use in other systems. Pulse's decision to implement BITA Plus technology means that our solutions are now available to a wider market, including UK discretionary brokerage and private client investment management."

"The decision is good news for portfolio managers whose clients are demanding increased risk functionality. We are delighted to be working with Pulse on this initiative and look forward to a successful, long-term alliance."