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Further successes in Europe for Linedata Services' back-office solutions

Paris, August 2nd 2005: Linedata Services, a leading provider of software and services to the global financial services marketplace, today announced 4 new contracts in Europe for its back-office solutions dedicated to asset management: Icon, Chorus and Star.

Dexia Épargne Pension and ESCA Prévoyance in France, and Argentabank in Luxembourg, have selected Chorus, the leading back-office fund management and accounting solution in continental Europe. Pan-Holding in Luxembourg has selected Star, a management solution for practitioners in the transfer agency market, and Icon, a comprehensive back-office solution for investment management, administration, portfolio valuation and reporting.

These successes are based on research by these financial institutions for better operating performance and an optimised return on investment.

Pascal Xatart, Managing Director of Linedata Services Asset Management explains: "Our strategy is aimed at offering asset managers top-performing, best-of-breed solutions for the global financial industry. By specifically ensuring flexibility in our solutions and excellent integration with other programs, we are consolidating our leading position within the back-office asset management solutions market in Europe. Technical and functional enhancements of our products are enabling us to continue to gain market share in a sector where process optimisation has become a key factor."