Ubitrade Offers ASP and Facilities Management Services

Ubitrade, a leading supplier of advanced system solutions for the finance industry today announces that Ubix, the derivatives clearing and settlement
system, is now available as an outsourced service in ASP and Facilities
Management form.

These services are aimed at institutions wishing to outsource their main back-office processing, while continuing to guarantee high security and confidentiality levels. Users manage their own confidential data, while
Ubitrade takes care of public market data and manages all back-office
processing including exchange connectivity and trade capture, contract and
price management, printing, e-mail and fax, and regulatory reporting.

Ubix, based on Citrix® thin client, remote-access technology, is modern, flexible and open, allowing users to extract data at any time and benefit from corporate branded, customised reports. Unlike competitive offerings, Ubitrade's services do not require leased line connectivity and can be accessed entirely from the Internet.

Didier Varlet, Chairman, Ubitrade, comments: "Ubitrade's ASP and Facilities Management Services are the outcome of more than a year of research and development. As a software vendor, it is our role to meet our clients' needs and to provide best-of-breed technology, adapted to the market players' expectations."

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