Electra Information Systems Wins FTF News Technology Innovation Award

New York, NY - 13 March 2012

Industry professionals vote Electra ‘Best Enterprise Reconciliation Solution’ in FTF News Technology Innovation Awards 2012.

Electra Information Systems, the leading provider of solutions for post-trade data aggregation, reconciliation and settlements, today announced that it has won the award for ‘Best Enterprise Reconciliation Solution’ in the annual FTF News Technology Innovation Awards for 2012.

FTF News is an online newsletter that offers a global interactive community for securities trading and operations. Nominations were made by industry professionals with the FTF News editorial panel selecting the companies that made a final shortlist. Voting was open to all registered subscribers to FTF News.

John Landry, Electra’s Chief Executive Officer, said, "We are very pleased and honored to receive such recognition by fellow industry professionals for our revolutionary new solution that is changing reconciliation operations. This is a fine achievement for the company and for the Electra team. It is rewarding to know that developing such a dramatically different solution that intelligently integrates all aspects of reconciliation into one workflow has been recognized by the readers of such a respected industry publication. Post-trade processing is our core business and the award reflects Electra’s bold new thinking in the approach to providing a solution to our clients’ reconciliation operations.”

Maureen Lowe, Founder, President and Editor-in-Chief of FTF News, commented, “We would like to congratulate Electra on their win. In our second year of conducting this awards process, we have found that the functional criteria have become much more demanding. A lot of careful thought and hard effort go into the nomination and voting process.”

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