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Financial Objects’ activebank is awarded runner-up by The Banker’s Technology Awards

London, 26 July 2004 - Financial Objects, a leading supplier of advanced technology banking software and services, has been awarded runner-up in the Core Banking Category of the 2004 Banker Technology Awards for its retail banking solution - activebank.

activebank is Financial Objects’ component-based banking solution. It is built on Microsoft.NET technologies and leads the market in design architecture and flexibility as a “new-age” core retail banking system.

Peter Watts, Director responsible for the ActiveBank division, Financial Objects, said: “We are pleased that activebank has been recognised by The Banker Technology Awards. These awards are prestigious and this category in particular attracts the interest of all the global suppliers of core banking applications. For a new system like activebank to be positioned as runner-up in this category is testament to the commitment of both our growing customer base and our staff.” He also adds, “We have great confidence in the product and the Microsoft technologies that the product is built around and this recognition of activebank’s capabilities and technological strength, by independent industry experts, is a great accolade.”

The Banker comments “The Banker Technology Awards are designed to provide financial institutions around the world with information about key business areas and the technological expertise that exists within them. These awards recognize best of breed, innovations and success in financial technology. Our goal has been to highlight those vendors, large and small, who have made a real contribution to advancing shareholder value and customer service within financial institutions over the past 12 months.”