SWIFT Awards Information Mosaic with SWIFTReady Accreditation for Corporate Actions

SWIFT has awarded the Corporate Actions SWIFTReady label to the CAMA™ application from Information Mosaic, the provider of modern middle and back office solutions to the financial industry. The SWIFTReady Corporate Actions Label enables SWIFT's customers to effectively shortlist corporate actions applications. A strict definition of the correct business flows for the ISO 15022 Corporate Action messages and adherence to Global Market Practice guidelines, are part of the Label criteria. Grace O’Donnell, Vice President of Global Accounts believes that the award not only speaks of the quality of the CAMA™ solution, but also supports one of the Information Mosaic’s major design principles. "From the outset, we built our CAMA™ product, as well as our middle and back office product, converg-e™, based upon industry standards, such as ISO 15022, and XML.

The award validates that decision."Catherine Marks, SWIFT’s Manager of Security Markets stated, "Information Mosaic was a first-rate company with whom to work. They were prepared and fully understood the requirements of the accreditation, including the correct usage of th ISO 15022 corporate action messages, as well as SWIFT connectivity. The achievement of SWIFTReady accreditation is seen as a mark of distinction amongst the Vendor peers and SWIFT is pleased to announce that Information Mosaic and its CAMA™ product has proved its compliance in becoming eligible for such certification." ABOUT INFORMATION MOSAIC Information Mosaic (IM) is a global provider of advanced middle and back office solutions for the securities services industry. Customers include Global Custodians, Private Banks, Broker Dealers and International Investment Institutions across North America and Europe. Information Mosaic has achieved a leadership position in delivering solutions, on an open technical architecture, that maximize efficiency & STP benefits from standards such as IS0 15022. Information Mosaic has a deployment methodology that results in on-time delivery of complex systems.

Among Information Mosaic's packages are: converg-eâ„¢, an advanced middle and back office solution for Custodians, Asset Managers, Broker Dealers and Private Banks; and CAMAâ„¢, a leading end-to-end corporate actions automation solution that is IS0 15022 compliant.

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