New FSmetrics Awards Raise the Benchmark for securities industry performance measurement

London May 26, 2005 – The operational performance of the leading fund managers and institutional broker/dealers was celebrated last night at the Seventh Annual FSmetrics Securities Industry Awards Dinner. Seven firms won across 12 categories covering automation and other operational performance levels.

The firm to receive the most awards was Invesco which won:

• Best STP Performance by a Fund Manager processing Domestic Equities
• Best STP Performance by a Fund Manager processing Cross-Border Equities
• Best Improved STP Performance by a Fund Manager processing Fixed Income

Credit Suisse First Boston, ABN Amro and Deutsche Asset Management scooped two awards apiece. Credit Suisse First Boston won Best Broker/Dealer Operational Performance in Equities Transaction and Relationship Management and Best Broker/Dealer Operational Performance in Fixed Income Transaction and Relationship Management.

ABN Amro won in the following categories: Best Broker/Dealer Operational Performance in Fixed Income Confirmation Processing and Overall Best Broker/Dealer Operational Performance in Fixed Income.

Deutsche Asset Management took the top prizes for Best Improved STP Performance by a Fund Manager processing Equities as well as the Best STP Performance by a Fund Manager processing Fixed Income.

Other awards were presented to:

• Dresdner Kleinwort Wasserstein for Overall Best Broker/Dealer Operational Performance in Equities
• Deutsche Bank for Best Improved Broker/Dealer Operational Performance in Equities
• Goldman Sachs for Best Broker/Dealer Operational Performance In Equities Confirmation Processing

The awards were presented by Andrew Marr, BBC Political Editor and the dinner, held in the Dorchester, Park Lane, London was sponsored by ADP Brokerage Services and ADP Wilco.

The results were produced from data provided by FSmetrics, the financial services operational performance external benchmarking provider and were based on data from the previous 12 months within the STP Benchmarks FSmetrics and Broker Performance FSmetrics services.

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