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Allegiance Capital Selects Macgregor for Fixed Income Trade Order Management

October 2, 2002 – BOSTON – Macgregor™, a global provider of buy-side trade order management systems (OMS) and FIX network services, today announced that Allegiance Capital has selected the Macgregor Financial Trading Platform™ (MFTP™) to automate its fixed income trading. Allegiance Capital selected the Advanced Fixed Income, Portfolio Manager Workstation, and Compliance components to support all aspects of their trading process. The system will be deployed to 8 users.

Sharon Goldberg, Director of Operations at Allegiance Capital, commented, "Macgregor's OMS offers superior fixed income functionality, which makes it a good fit for our firm. We were also impressed by the overall strength of the Macgregor organization as well as their track record of successful implementations."

Steven Levy, President and CEO, Macgregor, stated, "When firms search for a mission critical system like an OMS, it's important to vet various systems as well as the vendors behind those systems. Allegiance Capital did just that, and we are happy that they have chosen our system and our organization to help them automate their workflow."