NET2S Financial Solutions Announces the launch of QUOD Financial, the first 3rd Generation multi-asset Order Management System

Paris, June 15th 2005: NET2S Financial Solutions (NET2S Group - Euronext Paris: NTS), the trading Hub technology provider, announces the official launch of Quod Financial, at London Derivatives & Securities Exhibition on 29th and 30th June 2005.

Quod Financial is the first 3rd generation order management system for the Sell-side, designed to respond to today’s Capital markets challenges of higher volumes and erosion of trading margins.

Quod Financial moves our client trading business from the niche dealing screen, and the rigid vendor-centric order routing and trade management applications, to a flexible and high performance client-centric order management system. The system is modular, powerful, functionality rich and efficient, allowing our clients to consolidate disparate systems and business
functions, as well as automating the order flow in an efficient way, therefore significantly lowering transaction costs.

Quod Financial comprehensively covers the Cash Equity and Futures and Options asset classes. The solution provides STP functionalities from order capture to complex order execution, through a centralized order book, for the benefit of individual and institutional clients, sales, dealers and risk managers.

Ali Pichvai of NET2S Financial Solutions comments, ‘Quod Financial paves the way for the Sell side community to consolidate and lower transaction costs for the F&O and Cash equities asset classes. We capitalized on NET2S Financial Solutions product offerings, and leveraged our experience at the top 25 global capital markets players to build the first 3rd generation OMS."

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