HelioGraph's TradeFlow Solution Dominant Platform for Outsourced STP Services

London, 24 June 2003 - HelioGraph, the Straight Through Processing (STP) and Financial Messaging specialist, announced today that its TradeFlow transaction management platform continues to be the platform of choice for providers of third-party STP services with recent signings that include State Street, Macgregor, FXAll and Instinet.

TradeFlow has evolved into a STP platform that is increasingly being adopted by providers of outsourced services. Recent research suggests TradeFlow is used by at least a third of the world's top 20 providers of ASP services in the transaction management space. "We see the market share of TradeFlow in this buoyant market segment as an illustration of the flexibility of HelioGraph's single architecture," says Thomas.

TradeFlow's offering of standard scenarios for Electronic Trade Confirmation (ETC), and Electronic Trade Settlement (ETS) has been adopted by several key outsourcing players including State Street, Macgregor, FXAll and Instinet, as well as a number of tier 1 buy-side firms who have implemented TradeFlow as a local STP platform. Even though each firm offers a different set of services to the market place, TradeFlow is a key component, offering connectivity to clients and third party's such as SWIFT, OMGEO CTM and OASYS.

Richard Vreeland, COO at HelioGraph said "We are delighted that clients such as State Street, FXAll, Instinet and now Macgregor have selected HelioGraph technology to form an integral part of their future STP strategy. These initiatives complement our existing TradeFlow product for those organisations that wish to outsource all or part of the operational process and do not want to take on the costs of installing the software on their site."

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