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Prestigious Industry Recognition Celebrates Ongoing Commitment to Innovative Electronic Trading Solutions for the Buy-Side

London, UK – 19 September 2007 – Portware, an independent provider of global, multi-asset trading solutions, last night won the award for Best Electronic Trading System: Buy-Side at the fifth annual Financial News Awards for Excellence in IT Europe 2007.

Judged by a distinguished panel of independent analysts and industry experts, the award recognises Portware’s success in delivering broker-neutral, flexible and highly-functional electronic trading systems to the largest European buy-side institutions.

The award criteria focused on product innovation, creativity and success in financial IT. Of the five short listed electronic trading system candidates (Charles River Development, Latent Zero, Portware, Reuters and Liquidnet) Portware was voted the best overall system.

Eric Goldberg, chief executive officer, Portware accepted the accolade at last night’s awards ceremony in London. Commenting on the award he says: “This award is a testament to our ongoing commitment to develop an electronic trading system that provides our clients with a wealth of trade workflow applications and benefits across single stock, portfolio and algorithmic trading strategies.”

Stuart Adams, managing director EMEA, Portware adds: “This award comes at a time when our business in Europe is experiencing strong growth as clients embrace our technology. Portware offers a robust and scaleable solution for the changing regulatory and market landscape.”

Financial News, a DowJones company, host these awards annually - for further information about the fifth annual Financial News Awards for Excellence in IT Europe 2007 visit

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Nicolle Farthing/Nicki Ferguson, Cre8 Results Limited
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About Portware

Portware LLC is a leading independent provider of global, broker-neutral, multi-asset, trading systems. Portware’s centralised trading environment has a flexible framework and offers a full range of components for ready-to-trade systems and customisable, enterprise solutions. Portware enables buy- and sell-side clients to create and modify trading strategies and algorithms and supports FX, single order, portfolio, program, pairs and index trading. Portware provides advanced tools for TCA, risk management, real-time reporting, algorithms and analytics. With its open architecture Portware’s users are able to implement solutions that meet their individual trading requirements and easily adapt to the rapidly evolving and increasingly regulated global marketplace. Since its launch in 2000, Portware systems have been implemented at more than 100 firms worldwide, including hedge funds, asset management firms and sell-side program trading desks.

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