FXall

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FXall Press Release

LINEDATA AND FXALL PARTNERSHIP OFFERS ENHANCED FX TRADING, PROVIDES FULLY INTEGRATED FX SYSTEM IN LONGVIEW OMS

  • LongView provides streamlined execution with direct FIX connectivity to FXall
  • Partnership simplifies effort to achieve best execution with rate streams from multiple banks

BOSTON - 8 October 2008 - Linedata Services (Bloomberg: LIN.FP), today announced a strategic partnership with FX Alliance LLC ("FXall") to provide integrated access to the leading online Foreign Exchange ("FX") trading platform in a powerful and scalable environment. This gives clients of Linedata Services' award-winning LongView Trading Order Management System ("OMS") seamless access to the FXall suite through a dedicated Financial Information eXchange ("FIX") connection.

The web-based FXall suite boasts the most comprehensive offering of trading and settlement tools in the FX trading marketplace. This partnership gives LongView's clients access to FXall's confidential trading environment, helping to eliminate errors common with manual processes, and to achieve MiFID compliance by providing a full audit trail of the entire FX deal lifecycle.

"With ever-increasing foreign exchange trade volumes, this partnership reinforces Linedata Services' commitment to meeting clients' demands for increased liquidity and improved controls in a volatile market," said Dan Pagano, Vice President of Strategic Alliances for Linedata Services in North America. "LongView Trading clients will achieve higher STP rates at a lower cost with the ability to actively manage settlement risk, which is a win-win scenario for our customers."

FXall is a trusted provider of FX trading solutions for foreign currency trade execution and seamless straight-through processing (STP) for the entire transaction lifecycle. Utilizing a high-performance network that is integrated with over 60 of the world's leading foreign exchange banks, FXall offers the deepest source of liquidity in the market. FXall's flexible workflows and robust reporting functionality are in line with Linedata's goal of helping clients minimize risk, maximize efficiency and achieve better execution.

"FXall is committed to providing a range of execution methods to fulfill the diverse requirements of clients from across the trading spectrum," added Mike Mendes, Chief Operating Officer at FXall. "The FX market is growing at a rapid pace and FXall is constantly working to develop and enhance its products to provide the most advanced workflow and compliance tools. The partnership with Linedata Services is therefore a welcome addition to our offering."

About Linedata Services

Linedata Services (LIN:FP) is the leader for investment software, solutions, and support. Linedata combines global reach, financial strength, and a deep understanding of Asset Management, Leasing & Credit Finance, and Insurance & Savings Industries. Linedata Services Asset Management (www.ldsam.com) provides comprehensive, scalable solutions to the buy-side, managing the entire investment process from pre-trade to settlement and reporting. Linedata is unique because it offers a full front- to back-office solution via enterprise installation, hosting, or as an Application Service Provider, and has 20 years experience delivering ASP solutions.

Headquartered in France, Linedata Services achieved revenues of EUR 164.8 million in 2007, has offices worldwide and services more than 800 clients across 50 countries. For more information visit Linedata Services corporate site at www.linedata.com.

About FXall

  • FXall is the leading provider of automated trading and workflow solutions for FX and treasury, offering trade execution, workflow tools, control and compliance and straight-through processing. By combining streamlined workflow, competitive FX prices and a complete audit trail, FXall delivers improved control and cost savings at every stage of the deal lifecycle.
  • FXall provides customers with the ability to meet best practice guidelines prescribed by regulatory bodies - for more information visit: http://www.fxall.com/about/BestPracticeFX.pdf
  • FXall is an independent company with offices in New York, London, Boston, Tokyo and Singapore.

FXall's services are not intended for, and are not available to, private customers, and are not intended for distribution into any jurisdiction where such distribution is restricted by law or regulation. FXall's services do not constitute investment advice or an advertisement, offer, or solicitation of an offer, for the purchase or sale of any investment, securities or other property, or a representation that any investment, security or other property is suitable for any person.

FXall may act through FX Alliance, LLC (a Delaware, USA limited liability company), FX Alliance Limited (regulated by the Financial Services Authority), FX Alliance International, LLC (ARBN 097 253 640, a Delaware, USA company, members' liability limited).

FXall, FXall Trading, Accelor, Accelorate, Settlement Center, Market Insight, QuickConnect, QuickFill, QuickOMS, QuickTrade and all associated logos are the trademarks of FX Alliance LLC.

For more information on FXall, visit www.fxall.com.

For more information on Accelor, visit www.accelortrading.com.

For further information, please contact:

FXall
Telephone: +44 20 7173 9600
info@fxall.com

Nick Bone
Penrose Financial
Telephone: +44 20 7786 4878
Mobile: +44 7909 521293
nickb@penrose.co.uk

Robert Roessler
Penrose Financial
Telephone: +44 20 7786 4892
robertr@penrose.co.uk




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