ConvergEx Receives Three Best in Class Honors in PLANSPONSOR’s 2010 Transition Management Survey

New York - 19 May 2010

ConvergEx Group, a leading provider of investment technologies and execution solutions to institutional clients worldwide, today announced that its Global Transition Management business has once again received high rankings in PLANSPONSOR magazine’s annual Transition Management Survey.

ConvergEx received three Best in Class honors, including two Commended awards from Institutional Investors for “Execution” and “Pre‐Trade, Post‐Trade and Organization & Support.” ConvergEx also received a Commended award from Consultants for “Execution.” Institutional Investors rated ConvergEx particularly highly for “Timeliness of Responses to Inquiries.”

The magazine noted that ConvergEx won praise for its “excellent project management and interaction with managers and custodians.” Additionally, clients cited ConvergEx as “efficient, responsive, on top of the various parties and communicating every step of the way.”

“Our solid results in this year’s PLANSPONSOR survey demonstrate again how much our clients value the combination of our state‐of‐the‐art technologies and global reach,” said Carey S. Pack, chief executive officer of ConvergEx Execution Solutions.

“As managing transitions has become increasingly complex, we have dedicated our time to building out multi‐asset class technologies that enhance our high‐touch client service,” commented Kal Bassily, CFA, managing director and head of Global Transition Management at ConvergEx. “We are honored to receive this recognition confirming that our clients appreciate our positive contributions to their transition objectives.”

With a dedicated team of Global Transition Management professionals worldwide, ConvergEx’s experience and worldclass
expertise provide clients with customized transition strategies that can preserve assets, minimize market impact, manage risk and minimize cost.

The listings in the 2010 Transition Management Survey represent data collected by PLANSPONSOR from transition managers and feedback from their clients.

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