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Macgregor Names Two to Executive Positions

Accenture Partner to Head Macgregor’s Professional Services Group; Macgregor EVP Rob Flatley named Chief Operating Officer

October 29, 2002 – BOSTON – Macgregor™, the leading global provider of buy-side trade order management systems (OMS) and FIX network services, today announced the appointment of Gary Plotkin, as Vice President, Professional Services. In this role Mr. Plotkin will be responsible for Macgregor’s consulting services practice and the strategic delivery of Macgregor’s products and services.

Mr. Plotkin joins Macgregor from Accenture where he was a partner in their financial services organization. For twelve years at Accenture, Mr. Plotkin focused on the implementation of large-scale custom and packaged solutions at some of the world’s largest investment management and insurance firms.

Rob Flatley, COO, Macgregor, commented, "Our clients are some of the largest financial institutions in the world, which requires us to deliver our services in unique and often creative ways to meet their business requirements. Global deployment of our products and services encompassing hundreds of users is becoming the norm for Macgregor. Gary's depth of experience fits perfectly into meeting those challenges. We are extremely pleased to have him join our team."

Gary will report directly to Flatley, who has been promoted to the position of Chief
Operating Officer at Macgregor. Previously, Rob was Executive Vice President
of Sales & Marketing. In his new role, Rob will be responsible for global sales, marketing and service/operation of the OMS and FIX network businesses. Rob continues to report to Steven Levy, President and CEO.

Founded in 1991, Macgregor has set the standard in trade order management systems for the global buy-side community. Macgregor’s unique architectural approach to developing workflow solutions is embodied in its Extended Order Management System which combines powerful decision support, compliance, trading and post-trade tools with a fully integrated and supported FIX network (MFN). This system helps move information through the entire investment process with increased speed, accuracy, and efficiency, resulting in better investment performance. Macgregor's extended architecture affords its clients and partners the efficiencies and power that can only be achieved through a large, diverse and well-connected community of users. With over 220 employees located in offices in Boston, New York, San Francisco, London and Madrid, Macgregor helps more than 80 of the largest institutions in the world manage over $5.5T in global assets.