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Macgregor Selects dbConcert to Develop Custom Interfaces

July 16, 2002 – BOSTON – Macgregor™, a global provider of buy-side trade order management systems (OMS) and FIX network services, today announced it has signed an alliance agreement with dbConcert, an application integration products and services company. dbConcert’s integration engineers will serve as team members during Macgregor OMS implementations.

Rob Flatley, EVP Sales & Services, Americas, at Macgregor, commented, "With the rapid growth in our client base, we decided to tap high quality third party expertise and seamlessly integrate them into our project teams. dbConcert's core competency is financial services application integration, so they were the logical choice for us. Through this agreement, we can expedite the integration and deployment process and deliver an enhanced customer experience."

Steve Ferrando, CEO, dbConcert, stated, "Our component-based approach to application integration allows us to create custom interface solutions quickly and cost effectively. An additional advantage of this approach is the flexibility and extensibility of the resulting interface. Our partnership with Macgregor will help them manage their increasing growth by allowing them to move clients through the integration process more swiftly."

The team at dbConcert consists of Macgregor University-certified engineers. Macgregor University is Macgregor’s dedicated training facility providing product training for clients as well as certification programs for business partners.