Linedata Services’ LongView Trading and Linedata Compliance Product Suite Selected by Mellon’s Private Wealth Management Group

BOSTON, MA –July 27, 2005 – Linedata Services, a leading provider of software and services to the global financial services marketplace, today announced that Mellon Financial Corporation’s Private Wealth Management group has selected Linedata’s Front Office suite, LongView Trading and Linedata Compliance. Linedata’s product suite will deliver equity and fixed income portfolio management, trading and compliance functionality to support Mellon Private Wealth’s operations and growth strategy.

Deployment of LongView Trading and Linedata Compliance to Mellon’s Private Wealth Management group encompasses hundreds of Portfolio Managers and Traders, across 28 locations. This win represents and reinforces the firm’s position as the leader in providing order management and compliance solutions to leading asset managers.

Michael Rennell, senior vice president and head of global sales and account management at Linedata Services comments, "The inclusion of Mellon Private Wealth Management to our rapidly growing client base is a further endorsement of the breadth, depth and scalability of the Linedata Services’ offerings. As one of the top private wealth managers in the United States, Mellon appreciates the tremendous value of an open and scalable platform like LongView Trading. This is a tremendous win for Linedata and represents one of the largest combinations of users and locations on a single platform, in the industry."

"Continued business growth and opportunities have compelled us to seek out a highly integrated, seamless tool for the portfolio managers and to expand support for the entire private wealth management team," said Timothy Tully Jr., Chief Information Officer for Mellon’s Private Wealth Management group. "This growth, combined with the ever-increasing scrutiny on pre-trade compliance, led us to search for a truly open and scalable order management and compliance system. LongView Trading and Linedata Compliance made it an easy choice."

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