CHASE COOPER SIGNS UP EURONEXT

18 December 2006

Chase Cooper, a dynamic and fast growing risk management solutions provider today announced another win for aCCelerate, its visionary software solution for Enterprise Wide Risk Management. Euronext is the world’s first genuinely cross-border exchange.
It provides international services for regulated Cash Markets and Derivative Markets in Belgium, France, the UK (derivatives), the Netherlands and Portugal.

Euronext is Europe’s leading stock exchange based on trading volumes on the central order book and the second largest derivatives exchange worldwide by value of transactions processed every day.

Terry Cunnington, Director of Group Risk Management, Euronext said ‘we have selected aCCelerate as, although it has its roots in operational risk, it is a good fit for our Enterprise-wide Risk Management methodology and is flexible. It will facilitate further development of our approach, which provides commercial, governance and regulatory benefits. Another factor was the professionalism shown by Chase Cooper during the evaluation process. This demonstrates the benefits of implementing risk management software from a specialist risk management services provider.’

John Kiddy, CEO said ‘we are delighted to welcome Euronext as an aCCelerate user. It is a highly prestigious client to have won in the face of an intense competitive evaluation of the available systems in the marketplace. We are very proud that aCCelerate has once again proved its market leading functionality, scalability, flexibility and ease of implementation.

We believe that in the short space of 18 months since winning our first aCCelerate
client, we have quickly established ourselves as one of the clear leaders in the market, and one of the very few firms offering a truly Enterprise Wide Operational Risk Solution, underpinned by modern robust technology, high level consulting capability and innovative modeling applications.

We are thrilled to be given the opportunity to work with Terry Cunnington and his team at Euronext, particularly given their innovative and market leading Enterprise Wide Risk Management methodology. We look forward to a long and lasting business partnership’

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