Amsterdam/Schiphol-Oost and Singapore, August 16, 2004 - MarketXS, a leading provider of real-time market data technology and trading solutions, today announced that ABN AMRO Private Banking Asia Pacific has successfully rolled out 40 MarketXSPro(tm) for Windows(r) terminals in Singapore, one of the bank's main locations in Asia. Singapore is the first ABN AMRO Private Banking office globally to start using MarketXSPro, as part of a roll-out for the global Private Banking business unit that will involve multiple offices and hundreds of terminal positions in Asia Pacific and the rest of the world.
Replacing existing screens and infrastructure with MarketXS, ABN AMRO uses MarketXSPro to access a variety of content sources for quotes, news and research, including ComStock, Dow Jones and CompuStat. The MarketXSPro terminals are delivered and supported in partnership with the Singapore office of Telerate, MarketXS' content partner.
MarketXSPro(tm) for Windows(r), a terminal application for finance professionals, delivers sophisticated analytics and in-depth, real-time information from markets worldwide at a fraction of the cost of traditional solutions. It combines comprehensive data and advanced functionality with a fully customizable user interface, an easy, Windows-based, navigation and a full streaming integration with Microsoft(r) Excel. The application obtains data through the Internet or leased lines using the firewall-friendly HTTP protocol, just like a web browser, and requires no additional investments in any local infrastructure. MarketXSPro offers a wide choice of sources for news,
research and fundamentals, and a deep real-time coverage of all asset classes, including worldwide exchanges, broker data and premium OTC data from Telerate.
As one of the world's largest banks in terms of assets, ABN AMRO Bank has a proven track record in delivering Private Banking services to a wide range of clients worldwide. Through their ABN AMRO Private Banker, customers have access to a team of qualified professionals supported by a global network of research analysts, portfolio managers, foreign exchange specialists and international estate planning and trust experts. In Asia, ABN AMRO offers these services through the main hubs in Singapore and Hong Kong, and through other locations such as Jakarta.
Says Floris Alkemade, Chief Executive Officer of MarketXS: 'ABN AMRO is a key customer of MarketXS and intensive user of the outsourced MarketXS market data infrastructure for multiple mission-critical applications within the bank. ABN AMRO's Private Banking business unit had already based its worldwide client portals on MarketXS technology, and is now also implementing MarketXSPro terminals for its Private Banking professionals. We are very pleased to further expand our relationship with ABN AMRO, generally into Asia and with ABN AMRO Private Banking into terminals.'