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Linedata Services ranks Third among Front-to-Back Asset Management Solution Providers

~ FinTech 100 lists Linedata Services among the top fifty Financial Industry Technology Vendors ~

London, 06 December 2005 - Linedata Services, the leading provider of software and services to the global financial services marketplace, is delighted to announce that it was placed 48th in the second annual American Banker / Financial Insights FinTech 100 ranking of the top technology providers to the financial services industry worldwide. Notably, Linedata Services came third out of the eight companies listed that operate within the same marketplace.

The FinTech 100 rankings are designed to provide financial institutions with an objective view of how their suppliers compare to one another in an easily-digestible format. As David Longobardi, editor-in-chief at American Banker, explained, the vendors are measured in terms of size, scale and capacity for growth relative to their peers.

Pascal Xatart, Managing Director at Linedata Services Asset Management, commented, "The FinTech 100 rankings provide an excellent source of information on the leading companies in this industry, recognising their financial stability. We have had an excellent year, with a good number of new customers choosing to work with us. With sustained organic growth and continuing to pursue our policy of actively analyzing potential acquisitions for integration into the group, we anticipate being in an even stronger position for the third FinTech 100 rankings next year."

This year, Linedata Services’ financial results have already demonstrated that it is achieving excellent organic growth through its market leading products. New customers this year have included companies from all over the world, such as Capita Life and Pension Services Ltd, Fortis Assurances, Perpetual Trustees Australia and Mellon Financial Corporation. There have also been a number of initiatives to extend the reach of Linedata Services’ Best of Breed solutions, such as an innovative distribution partnership with Thomson Financial, as well as an agency agreement with Capital Market Solutions for the Australasian and Far East markets.

The acquisitions of both Global Investment Systems and Beauchamp Financial Technology this year have provided complementary additions to Linedata Services’ Asset Management business. Together with existing Best of Breed Order Management, Compliance, Fund Accounting and Transfer Agency systems, this further strengthens Linedata’s comprehensive front-to-back offering which spans the requirements of all market segments, globally.