TULLETT LIBERTY RENEWS SOFTWARE DEVELOPMENT AND MAINTENANCE AGREEMENT WITH FUTURE DYNAMICS

London/January 5, 2004: Tullett Liberty Ltd. (Tulletts), a global leader in inter-dealer broking, has recently renewed its outsourcing agreement with financial software firm, Future Dynamics Ltd. (FDL), for an additional two years.

With the renewal, Future Dynamics will continue to support and develop Windows-based trading applications on behalf of Tulletts’ global business. Since the outsourcing agreement began in 1999, FDL has successfully transitioned over 11 existing Tulletts applications to the FDL support team and delivered 14 new bespoke applications through FDL’s unique component-based methodology. This includes the development of Tulletts’ Data:marker product, which is a web-based product for accessing live, indicative price data, commentary and historical analysis across multiple financial products and global markets.

Pat Moran, Head of IT Development at TL London, comments: "The dynamic nature of the wholesale broking business requires a highly responsive IT development capability. Our relationship with FDL continually allows us to flexibly respond to our business requirements in a technically innovative, cost-effective and commercially transparent manner."

Tulletts has an international network of 19 offices offering price execution facilities across all markets. Tulletts strategic use of desktop, Internet and voice brokering technology has yielded leading positions in fixed income securities, global money, capital markets and equities.

"It has been a pleasure working with a global brokerage firm, that places so much emphasis on the strategic application of technology across its entire business model," comments Steve Grob, CEO of FDL. "We are pleased with the success of FDL’s relationship with Tulletts and look forward to many future endeavors."

Become a bobsguide member to access the following

1. Unrestricted access to bobsguide
2. Send a proposal request
3. Insights delivered daily to your inbox
4. Career development