FORTIS INVESTMENT MANAGEMENT IMPLEMENTS HELIO TRADEFLOW

HelioGraph provides global asset manager with complete electronic trade delivery system and immediate STP benefits.

Geneva, 2 October 2002 – HelioGraph, the Straight Through Processing (STP) and Financial Messaging specialist, announced today from the Sibos conference in Geneva that Fortis Investment Management (FIM) has chosen to implement Helio TradeFlow to provide it with electronic trade confirmation (ETC) and electronic trade settlement (ETS) capabilities.

The global asset manager, which until recently had relied for the main part on a manual process, is poised to enjoy significant STP advantages. Helio TradeFlow will provide the firm with the ability to automate its entire post-trade process, including matching, workflow, connectivity and exception processing.

"We looked at all the leading solutions on the market before choosing HelioGraph" comments Hadewig De Corte, Director Group Business Services, Fortis Investment Management "What really impressed us was the depth of knowledge which they showed. Their people have a sound understanding of the processes involved in our business and a clear vision of how best to use new technology to automate them. The savings we are going to make in terms of operational efficiency and risk reduction together with increased customer service
levels mean that we are going to enjoy near-immediate return on investment"

The fully ISO15022-enabled HelioGraph solution will interface with FIM's investment management system, Decalog, as well as external financial networks and services such as SWIFT and Omgeo.

The implementation is being phased in two parts to ensure that FIM realises immediate benefits. The ETS part of the solution will be live by December 2002, with the ETC module scheduled for early next year. The ETC module will link to FIM’s Oasys Global workstation but also allows for connectivity directly to Omgeo CTM should the firm choose to adopt the service in the future.

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