Milestone Group receives unprecedented overseas interest during SIBOS

Sydney – 5 October 2006

Milestone Group today announced that it has received an unprecedented level of interest from SIBOS delegates taking advantage of the conference being held in Milestone Group’s head office location Milestone Group entered the European market in February this year and quickly followed with signing its first client in August. With S.W.I.F.T ‘s annual conference being held in Sydney, a number of executives from organisations in current dialogue with Milestone Group attending the SIBOS conference are taking the opportunity to visit Milestone Group’s headquarters first hand.

Milestone Group’s pControl fund processing and pQuant analytics solutions provide comprehensive capabilities including reconciliations, pre and post-pricing validations, unit pricing, cash allocation and rebalancing, enterprise reporting, unitised order management and distribution processing, performance and attribution, fixed income attribution, unitised performance, analytics securities look-through and mandate compliance.

Jonathan Hicks, Global Sales Director Milestone Group said, “There is a heightened level of interest globally in controlling risk alongside efficiency initiatives.
Improving efficiency and reducing risk in fund processing with pControl, while leveraging existing back-office systems, is increasingly attractive compared to rushing to replace core platforms. Our low project risk approach, coupled with the growth in fund-of-funds and manager-of-manager products in the UK market is compelling. I’m sure this activity will provide further confidence to the people we are speaking to as part of our expansion into the UK and Europe.”

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