Bank Hapoalim goes live with CreditDimensions

New York, NY, USA - 31 March 2011

Bank Hapoalim goes live with CreditDimensions - Bank Hapoalim has launched the CreditDimensions (CDI) platform to provide a single client identifier, to maintain cross-references across all client ids, and to map instruments to issuers. The CDI workflow module was also installed to enable the bank to maintain customer hierarchies, thereby facilitating credit exposure aggregation.

"We found that CDI’s open platform, implementation of industry best-practices, and customizable workflows were ideal for our unique needs," commented Eyal Perry, Head of Basel II Projects.

"Our innovative platform can be easily adapted to support mission critical business processes for data management," commented Edward Hoofnagle, CEO of CreditDimensions, "We are pleased to launch a version which is uniquely tailored for the Israeli marketplace."

About CreditDimensionsTM: – Our Master Data Management platform enables firms to create and maintain high quality data supported by robust data management processes. We also provide a world-class outsourced data management utility to reduce the cost of data acquisition and management.

About Bank Hapoalim: – In Israel and overseas in key financial centers, Bank Hapolaim offers corporate clients a full range of services, and specialized expertise in complex financing and trade structuring. Backed by a network of over 2500 correspondent banks, the bank offers a global presence, sound financial resources and recognized capabilities attuned to the dynamic, sophisticated international corporate community.

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