Strategic Partnership Between Gissing Software and ITRS Delivers Results With Four Customers Already Live and More in Evaluation


LONDON and NEW YORK, December 3 /PRNewswire/ --

- Customers Using Joint Solution Include Bank of America and Mitsubishi 
UFJ Securities International

Gissing Software (http://www.gissing.com), solution specialists in the 
routing and transformation of real-time market and trade data, and ITRS 
(http://www.itrsgroup.com), specialists in real-time systems and application 
management, today announced that four customers are in live production with 
their joint solution. Bank of America and Mitsubishi UFJ Securities 
International are among the customers using ITRS's flagship Geneos product 
suite alongside Gissing Software's leading multi-vendor contribution system. 
A real-time interface to the ITRS Geneos product suite within Gissing ConteX 
MCS allows users to proactively manage and resolve any potential issues that 
arise, ensuring no disruption to their mission-critical real-time data 
contributions.

Since the integration between Gissing ConteX MCS and ITRS
Geneos was first announced 12 months ago, the companies have added a number
of additional features in response to customer demand. The inclusion of a new
heartbeat field for Gissing ConteX MCS on the ITRS console enables users to
ensure that the contributions system and all monitored handlers are live and
working at all times. In addition, a new status template allows clients to
output and monitor hourly statistics from Gissing ConteX MCS, giving them a
clear indication of the level of load that the system is under throughout the
day.

Commenting on the benefits of the integrated solution, Jason
Ross, Director, Rates Trading Group, Mitsubishi UFJ Securities International
said: "Mitsubishi UFJ Securities International is already using ITRS Geneos
to monitor other systems within the company, so implementing the capability
to monitor the Gissing ConteX system made absolute sense. This facility,
currently deployed in our London office, enables us to monitor and actively
manage several of our mission-critical systems, including Gissing ConteX and
five data output handlers, all from a central console."

"We have built a strong partnership with the ITRS team since
we began working together last year. The positive feedback and level of
interest we've received from our clients, with four customers already live
and more evaluating the joint Gissing and ITRS solution, reflects this. We
look forward to continued collaboration to deliver benefits to our joint
customers," said Mike Hill, Marketing Director, Gissing spokesperson.

About Gissing Software

Gissing Software, solution specialists in the routing and transformation
of real-time market and trade data, was founded in 1991. Gissing Software
counts some of the world's biggest financial institutions among its clients.
Almost all of Gissing's clients are tier one banks and brokers. With over 50
installations globally, Gissing's products are a byword in the industry for
performance and reliability. The company is privately owned and operates from
its head office in Bromley, Kent (UK) and its office in New York.

Gissing Software has extensive knowledge of the technology
associated with the transforming and routing of real-time data in the
financial markets.

Product area focus:

- Multi contribution systems for management and distribution
of market data to financial data vendors and partnering businesses

- Real-time solutions for Excel used by financial
professionals in analytics, trading, pricing, data contribution and
administration

- MiFID solutions

- pre-trade and post-trade transparency

- Data aggregation for input to MiFID best execution policies

- Trade data capture transformation and system integration for
fixed income securities, FX and other investment instruments

For more information on Gissing Software products please
visit: http://www.gissing.com

About ITRS

ITRS has been providing real-time systems management software to the
financial markets since 1997, and counts more than 80% of the world's most
prestigious financial institutions as its clients. With offices in London,
New York and Hong Kong, ITRS is well established to provide our customers
with a global support and development infrastructure, ensuring that they are
able to stay in control of all their systems and applications 24x7.

For further information on ITRS visit: http://www.itrsgroup.com

Gissing Software
    Mike Hill
    Tel: +44(0)20-8315-6550
    Email: Mike.Hill@gissing.com

    Metia
    Sarah Mason
    Tel: +44(0)20-3100-3613
    Email:sarah@metia.com

© PR Newswire Association LLC.

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