KBC Asset Management Limited selects eVent

KBC Asset Management Limited selects eVent, the Leading
Corporate Actions Automation Solution from HelioGraph

HelioGraph to deliver significant risk reduction and
Straight Through Processing benefits for KBC Asset
Management Limited

London, UK, 7 February 2002 - HelioGraph, specialists in
financial messaging technology, today announced the
latest sale of their corporate actions processing
solution, eVent. KBC Asset Management Limited will
implement eVent alongside HelioGraph's TradeFlow STP
platform, which it already uses for securities ETC.

KBC Asset Management Limited (KBCAM), based in Dublin, is
part of the KBC Bank and Insurance Group, one of the
largest financial groups in Belgium. KBCAM has been using
Helio TradeFlow for 2 years and has now decided to
implement eVent to reap all of the benefits of having an
automated corporate actions process as well.

The most obvious and pressing advantage of implementing
eVent is that organisations can substantially reduce the
risk that is inherent in processing corporate actions
manually. eVent automates the whole process and also
allows the corporate action user to monitor and manage
the progress of each event from start to finish, thereby
ensuring that, as exceptions arise, they can be dealt
with in a timely and efficient manner. This automated
approach significantly reduces the risk (and cost)
normally associated with processing corporate actions.

For fund managers, like KBCAM, as stake holders, the
risks are high. Missing a corporate action altogether, or
making a rushed decision to sell a stock or exercise an
entitlement, can carry a high price tag. KBCAM is now
secure in the knowledge that it has enhanced its process
which ensures corporate actions are identified and cross-
checked at the earliest possible stage and, indeed,
assists in the proactive management of all their
counterparties. eVent effectively offers an extended time
window for the investment decisions that some corporate
actions imply.

"Ours is a hugely competitive industry and we are
constantly looking for ways to improve the service we
offer our customers while reducing cost and risk"
comments John Caplice, I.T. Programme Manager at KBC
Asset Management Limited "eVent is a unique product which
we expect will offer us a unique advantage. The risk
reduction offered by eVent was, in itself, enough to
convince us of the enormous value of the product."

This announcement is the latest in a line of successes
for eVent since the product's launch in June 2001. eVent
was the first complete corporate actions workflow
management solution and is now firmly established as the
market leader with users including MFS Investment
Management, Commerzbank and now KBC Asset Management

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