Chander Sharma joins FTI to lead Professional Services operations for the Americas and India

Appointment of industry expert demonstrates FTI's commitment to meeting the needs of the Financial Enterprise Software (FES) market

NEW YORK - May 27, 2003 - Financial Technologies International (FTI), the
premier solutions provider of Financial Enterprise Software (FES) to the global banking and securities industry, today announced that Chander Sharma has joined as vice president, Professional Services division for the Americas and India. Sharma's extensive knowledge of building custom applications will enable FTI to continue to meet the demands of its customers and help ensure FTI's presence as one of the leading providers of FES.

Sharma will be based at FTI's New York headquarters where he will direct the
professional services efforts of FTI's Mumbai, India, based operations. His
prime responsibilities will be negotiating and managing customer projects, and leveraging the strengths of FTI's sales and client service teams in India and New York.

Sharma has more than 20 years of services experience in the financial services industry at enterprise software companies and at some of the leading consulting firms. He has held senior positions at Deloitte Consulting and Accenture, where he created next-generation application data architecture for Vanguard. Previously as director, Consulting Services, Seer Technologies Inc. (a joint venture between Credit Suisse First Boston and IBM), Sharma played a leading role in building and servicing Seer's securities processing logical data model and managing a group of more than 100 consultants. Most recently, Sharma served as a partner at ArroyoBridge Consulting, LLC where he was instrumental in implementing turnaround strategies and creating greater effectiveness for the services organizations of technology firms.

Mike Meriton, president and CEO, FTI, says: "Sharma brings to FTI a wealth of experience from the professional services, financial services and data model management industries. He combines the ability to develop key partnerships with a thorough understanding of banking trends and technologies, and has an impeccable track record of executing large engagements. Sharma's appointment supports our continued efforts to attract experienced professionals, who will help us further expand and enhance the StreetEnterprise platform."

Sharma comments: "FTI's strong management vision, with its emphasis on helping clients solve tomorrow's problems today, has positioned the company at the forefront of the FES marketplace. I look forward to helping FTI realize this vision, and to continuing its tradition of high-quality customer service."

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