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FTI harnesses Bob O'Brien's extensive Financial Services experience as he joins the company as vice president, product management

Enterprise data expert to lead development of FTI's corporate actions and
reference data solutions

NEW YORK - March 18, 2003 - Financial Technologies International (FTI), a leader in the emerging market for Financial Enterprise Software (FES), has
announced that Bob O'Brien joined as vice president, product management.
Reporting to Bob Wolfert, executive vice president for product management,
O'Brien will have primary responsibility for FTI's StreetActions and
StreetReference product development strategies. O'Brien's deep understanding of the corporate actions and reference data market will ensure that FTI's products will continue to satisfy existing customers' needs and address the industry's evolving demands.

O'Brien brings to FTI more than 22 years of financial technology experience, most recently with Fidelity Enterprise Data Systems, a Fidelity Capital company and a leading provider of corporate actions processing services. As head of sales and vice president for product strategy, client development and service, he spearheaded Fidelity's increased revenue drive and the scope of Fidelity's enterprise data solution. O'Brien played a key role in turning Fidelity's corporate actions platform from an internal system serving the needs of Fidelity
Investments to a commercial service provider with 20 industry-leading clients.

This achievement was the culmination of O'Brien's 17-year career with Fidelity, which spanned a wide range of roles in strategy, product development, and client service. At Fidelity Management Trust Company, he led a team of 65 in developing and supporting diverse global investment products for pension plans, charitable endowments, and high net worth individuals.

Prior to joining Fidelity, O'Brien spent five years at State Street, where he was involved in custody, accounting, and operational support. He also helped to implement the bank's first global multi-currency accounting platform for clients' investments.

Bob Wolfert says: "Bob has a formidable track record of combining product
development expertise with a gift for developing lasting customer relationships. In his career to date, he has demonstrated the ability to develop market-leading technology solutions through focusing on client needs. I welcome his industry insight and look forward to working with him as we continue to expand and enhance the StreetEnterprise platform."