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Financial Tradeware Reveals S-Messenger(tm), Bringing SWIFT Connectivity to Small to Medium Sized Investment Managers

SIBOS 2004, Atlanta, 12th October 2004 - Financial Tradeware (booth D079), provider of portfolio and fund management Straight Through Processing solutions, today unveiled S-Messenger(tm), the application specifically designed to enable SWIFT connectivity for small to medium sized investment management firms.

S-Messenger(tm) is a financial trade message routing system for Straight Through Processing the full range of SWIFT messages. The system automatically creates, validates, sends and receives SWIFT messages to/from SWIFT enabled counterparties. S-Messenger(tm) provides complete validation of message content before reaching the SWIFT network together with an exception management feature that shows alerts to users on a workflow browser. Messages can be processed either automatically or manually and sent via the SWIFT network and also via email and/or fax. S-Messenger(tm) provides comprehensive information for a greater understanding of message structure even for non experienced users.

S-Messenger(tm) maximises Straight Through Processing (STP) and has:

* A simple interface for message creation
* Complete validation of message content before it reaches the SWIFT network
* A choice of automated or manual message creation
* SWIFTAlliance integration
* Biometric technology, eliminating the need for passwords

Alberto Fontana, Managing Director of Financial Tradeware comments: "We are delighted to be showcasing our S-Messenger(tm) solution at SIBOS this year. Our development programme with Microsoft to migrate the application onto .NET has been a great success and as a result we are able to bring a cost-effective solution to a market previously neglected by the vendor community."