HARGREAVE HALE SWITCHES TO INVESTMASTER FOR ENHANCED CLIENT REPORTING AND WEALTHMASTER FRONT OFFICE

London, 05 July 2005 - Investmaster Group Ltd, the UK's largest supplier of integrated systems for wealth managers and institutional brokers, today announced that Hargreave Hale, an independent firm of stockbrokers specialising in high net worth and fund management, will be implementing the Investmaster Wealthmaster Front Office and Client Reporting software.

This move is part of Hargreave Hale's strategy to achieve increased Straight Through Processing (STP) capabilities by integrating its front and back office, now run entirely on Investmaster systems. Hargreave Hale will be able to avoid costly and time consuming integration issues, reduce errors caused by double-keying, as well as benefit from lower risk and more timely return on investment by moving all of its operations to Investmaster to provide an integrated solution for its front office and client reporting requirements.

The company already uses Investmaster's 4i-Core back office system, along with 4i-CFD, the package that automates the input, processing and settlement of Contracts For Difference (CFD) processes. Having previously used the LISA® suite of services from WMS for its client reporting, Hargreave Hale switched to Investmaster's solution as it was able to offer more sophisticated functionality including client portfolio valuations, client cash/dealing statements and client transaction statements. The Investmaster front office and client reporting solution interfaces directly with the existing Investmaster 4i-Core back office system.

Wealthmaster Front Office allows real-time interaction with clients' portfolios and has its own order management and execution service. CGT what-if modelling using current commission and levy scales is included, along with sophisticated decision support that enables increased productivity by generating orders directly from the portfolios. Other features include performance measurement offering AIMR and GIPS compliance performance measurement calculation, and pre and post-trade compliance.

Stuart Brookes, a Director at Hargreave Hale said: "A key differentiator for us is the enhanced functionality that the combined Wealthmaster Front office and Investmaster Client Reporting is able to offer. The solution offers greater functionality and sophisticated graphics that will advance the service we are able to offer our clients. We now have a fully integrated system that is expandable to meet our needs, both now and in the future."

"It is great news for Investmaster to have yet another long standing client commit to Wealthmaster Front Office," added Tom Brady, Chief Executive Officer at Investmaster. "Hargreave Hale's decision to convert to Investmaster's client reporting software reflects the depth of functionality that is required in the current market and the level of service wealth managers are expected to deliver to their clients."

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