London - 25 September 2007

3di, an independent market data management and IT specialist, today announced plans to roll-out its Market Data Bureau (MDB) to the North American markets following its first global outsourcing deal. Global financial services firm and investment bank Cantor Fitzgerald has extended its use of 3di’s market data services, adopting all analytical components of the MDB.

3di plans to roll-out its Market Data Bureau (MDB) to the North American markets following increased demand for an all-encompassing outsourced market data management solution from buy- and sell-side institutions throughout the region. 3di has a number of clients using components of MDB in the US and has expanded its team of global sales and technical support professionals to support the growth of its Bureau offering.

Simon Walsh, global head of market data, Cantor Fitzgerald, comments: “Cantor Fitzgerald has experienced the benefits of 3di’s longstanding market knowledge and industry expertise. By partnering with 3di in our global market data analysis activities we now have continuous access to experienced consultants. Cantor decided to retain the services of 3di after successful implementations in the UK and Europe and has subsequently taken the relationship global.”

MDB is available as a complete, fully outsourced solution or as individual products or services. It helps financial institutions manage user profiling activities, product evaluation and contract negotiations as well as inventory management, budget tracking, invoice reconciliation and business reporting.

The MDB suite of solutions includes: Profiler, 3di’s web-based intelligence tool which provides firms with immediate access to information on multiple data sources helping them to quickly identify the value of each source; Desk Profiler, which stores and helps analyse end-user requirements; and Abacus, a web-based inventory management tool that allocates and manages market data costs.

Stephen Veasey, director of projects and strategy, 3di, comments: “With the huge rise in the diversity of market data sources, along with increased regulatory obligations, market data management has become a complex and expensive commodity. 3di’s products and services have proven successful in addressing these challenges and financial institutions are realising the benefits of outsourcing. 3di’s MDB takes this a step further by providing a complete solution that significantly reduces costs across a firm’s market data operations, whilst increasing efficiencies and effectively meeting business needs.”

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