GLOBAL INSTITUTION SELECTS SECURITIES FINANCE SOFTWARE

London Feb 2006: 4sight Financial Software has closed a deal with one of the world’s largest and well known financial institutions for the supply of the 4sight Securities Finance software solution to manage its global Securities Finance activities. This news comes shortly after the decision by a significant number of 4sight’s existing customers to renew their current contract agreements, and has ensured that the last 12 months have been an exceptionally good year for the company.

According to Judith McKelvey, 4sight’s Global Sales Director, things are also looking positive for 2006, with several major orders on the horizon as more participants in the industry decide that a software application for securities finance can result in tangible cost savings and benefits for their business:

“Companies are looking for a system with a high level of functionality and the flexibility to be configured to their unique business requirements.” Says Judith, “Just as importantly, a company also needs to know it can trust the technology provider to deliver a well managed implementation, especially for large global projects, and respond effectively to its individual needs. The recent additions to our client base, along with the extension of our existing clients’ contracts indicate that 4sight is a company with the right combination of a strong product and a positive reputation amongst its customers. We aim to build upon this in the coming year by winning more new business and establishing ourselves as the key player in our field.”