DataSynapse and Murex Partner to Offer Integrated Grid Technology

LONDON · December 20, 2005 · DataSynapse, the fastest-growing provider of adaptive grid infrastructure solutions, today announced that it has entered into a collaboration agreement with Murex, a leading provider of cross-asset trading, risk management and processing solutions, to accelerate the deployment of advanced grid infrastructure to Murex's customer base.

Common customers will benefit from virtualization technology that is able to aggregate IT resources based on business needs, breaking down IT silos and increasing utilization of existing hardware to reduce IT spend.

Maroun Eddé, Managing Partner at Murex, said, "Our clients active in the risk management of complex financial products have long been facing calculation speed and cost issues. Building a plug-and-play connector to DataSynapse, a leading specialist in the grid technology area applied financial markets, is an essential step towards helping our clients address a complex infrastructure issue."

The two companies are currently working with several European banks for which GridServer will manage Murex workload execution and respond to changing business requirements in real time, satisfying the unpredictable demand for computer processing power.

Rick Moran, DataSynapse SVP of business development, said, "DataSynapse continues to partner with leading players in the financial services industry. Now with Murex, we have built an integrated, out-of-the-box grid solution with another high quality application partner. GridServer assures maximum performance and reliability of business-critical applications and makes it easy for customers to manage distributed environments."

DataSynapse continues to expand its client base across the Americas and Europe, affirming its position as a leader in grid computing for the financial services sector. The firm has also extended partnerships with a range of ISVs in 2005 as part of its drive to recruit best in class partners.

About Murex
With over 200 sites worldwide, Murex has developed a leading competence in the design and implementation of integrated and cost effective software solutions to support the entire trading, risk management and processing cycles of credit derivatives, interest rates, foreign exchange, equity and commodity instruments. The Murex innovative solution delivers superior power and flexibility from high volume trading to exotic product structuring. A team of over 500 specialists, located in Europe, Asia and America, are dedicated to providing clients with the best support in the industry. For more information, please visit http://www.murex.com/.

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