Access International Closes Multi-Million Series-B Funding

DENVER and NEW YORK, January 28 – Access International Financial Services, a leading provider of reference data management for achieving straight-through processing (STP) requirements, today announced that it has closed a second round of financing led by Bessemer Ventures Partners and Opticality Ventures. This series B round of financing will be used for new product development, to increase the company’s sales and marketing efforts, and for continued product development.

"Access has the potential to be the breakout leader in the consolidated Security Master space with their GPS product offering" said Rob Stavis, partner at lead investor Bessemer Venture Partners. "We see significant opportunity within the Reference Data space and believe that Access International is well positioned to leverage these opportunities."

"The investment in this economic environment is a tremendous vote of confidence for the Access vision and team," said Jeffry Metter, CEO and co-founder of Access International Financial Services. "We are very pleased with the quality and depth of investors that have been attracted to Access" added Metter. "The most successful software companies unite a compelling technology with strong business execution" stated Metter. "We will continue to extend the range and functionality of our product offerings to ensure that we maintain our solution set leadership position as we drive forward."

About Access International’s Global Product Suite™:

The Global Product Suite™ is designed and implemented as the corporate product database that drives the processing of a real-time, multi-currency, multi-entity back office system. Access International’s Global Product Suite™ is comprised of three real-time application components:

Product Master – a robust reference application comprising comprehensive product data to support a global back-office system
Product Classification – a flexible tool that permits unique views of product information based on user-defined rules, updated in real-time via Product Master
Firm Price Management – a powerful database system for the collection and dissemination of multi-currency product pricing information

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