HelioGraph and NIWS Announce Partnership

Tokyo, Japan & London, U.K., 1 July 2002 – HelioGraph, the Straight Through Processing (STP) and financial messaging specialist, announced today the signing of a distributor agreement with Tokyo-based financial IT suppler, NIWS Co., Ltd. According to the agreement, NIWS will begin offering HelioGraph’s range of STP to its Japanese clients from July onwards.

Industry initiatives such as ISO15022 migration, the move towards T+1 settlement cycles and new Virtual Matching Utilities (VMUs) from GSTPA and Omgeo have created a pressing need amongst financial institutions for extremely sophisticated messaging and STP solutions. NIWS was previously re-selling a more generic integration product; the company was quick to understand, however,
that a generic integration tool would simply not be able to cope with the complexities of these new industry initiatives. Having conducted an in-depth review of the market, NIWS decided that dedicated financial messaging expert HelioGraph offered the most flexible technical solution. The two companies began discussions about two months ago.

"As a leading supplier of IT solutions for the financial markets, NIWS always strives to offer our clients best of breed solutions which accurately address the challenges they are (or will be) facing" said Ikuo Suesada, CEO,NIWS Co. Ltd "When it comes to STP, we think that HelioGraph is by far the best solution on the market. The flexibility offered by their configuration tools, the
power of the SWIFTReady Gold accredited Message Broker combined with the future-proof nature of their data field dictionary-based single architecture all add up to a very convincing proposition."

HelioGraph has already established itself as a global IT vendor, with offices in London, New York and Singapore, but the company regards this move into the Japanese market as extremely significant. It made every effort to identify the best possible partner.

"We’re delighted to announce our partnership with NIWS" said Amery Thomas, CEO, HelioGraph "We see expansion into the Japanese market as a key milestone in the continuing growth of HelioGraph. With their many years of experience providing IT solutions to financial institutions, their reputation for high professional standards and their expertise in EAI, NIWS is an ideal partner for us."

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