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Press Contact: Julie Bower, Rivercalm. Tel: 0044 207 665 1636 Email: bower@rivercalm.com

Eurasian Portfolio Management Goes Live with Ultra.net™ from Financial Tradeware

Shorex, Geneva, 7th December 2004 – Financial Tradeware (booth No.01), provider of portfolio and fund management Straight Through Processing solutions, today announced that the Swiss-based Eurasian Portfolio Management S.A. has gone live with Ultra.net™.

With its head office in Geneva, Eurasian Portfolio Management offers portfolio management services to a selected clientele across Europe. Eurasian is known for its dynamic and flexible management methodologies, carried out by a team of specialised professionals who, with the aid of rigorous research activity, are capable of maintaining a constantly high level of attention to the global markets in order to identify the best investment opportunities.

Eurasian realises the value of efficient and reliable IT systems to support its growing business and is keen to be able to pass to its clientele the benefits of reduced costs and improved customer service. This focus on technology has led to the implementation of Financial Tradeware’s latest solution within the organisation.

Being part of the same Dharma Holdings group of companies as Financial Tradeware, Eurasian has been able to contribute to the development of Ultra.net™ by using the solution in a production environment and feeding back specifications and recommendations to Financial Tradeware.

Eurasian has now gone live with the generally available version of Ultra.net™.

Ultra.net™ is a suite of portfolio and fund management applications based on the latest .NET infrastructure. Ultra.net™ has been designed to integrate real-time trading and execution via FIX protocols; back office administration for SWIFT clearing and settlement, real time accounting and compliance in order to maximise Straight Through Processing in medium to small sized investment management organisations. TMS (Trade Management System) is a new application in Ultra.net™ which enables the electronic execution and reporting of equity orders using FIX protocols.

Emmanuel Tzanos, Chief of Trading at Eurasian Portfolio Management comments: “The use of Ultra.net™ at Eurasian has enabled us to implement a Straight Through Processing (STP) policy throughout the company which has in turn helped us to achieve greater efficiency and reduce operational risk. The application also allows us to improve our monitoring and control of the growing number of regulatory and compliance issues that are vital to maintaining excellent business practices.”

Alberto Fontana, Managing Director of Financial Tradeware adds: “We have benefited from the excellent relationship we have with Eurasian and there is no doubt that the performance of Ultra.net™ is meeting their exacting standards of excellence. Our investment in building and delivering a quality product is paying off and we will continue to focus on not just meeting client expectations but exceeding them to demonstrate our value as their vendor of choice.”

-Ends-


About Eurasian Portfolio Management S.A.
Eurasian Portfolio Management S.A. has been created in Geneva from the need to offer innovative services of portfolio management and brokering to a selected Clientele. Particular attention has been dedicated to the investment in the most up to date technologies, to ensure an effective presence on the financial markets worldwide and hence guarantee a timely decision process and action, more necessary now than ever before.

For more information see www.eurasian.ch


About Financial Tradeware
Financial Tradeware provides integrated solutions for small to medium sized Investment Management firms, Fund Managers and Hedge Funds, covering the full trade life cycle. It is part of the Dharma group of companies and benefits from the joint contributions and experiences of programmers, financial services professionals, and business analysts within the group. The company has developed a suite of applications that integrate and Straight Through Process (STP) real-time trading, back office administration, accounting and compliance. Ultra.net™, S-Messenger™ and H-Fund™ are the company’s flagship products all based on Microsoft.NET infrastructure.

For more information see: www.f-tradeware.com





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