Singularity Named Gold Partner By Xtrakter

London, UK, 20 April 2009

Xtrakter, the leading provider of Capital Markets services, has awarded Business Process Management (BPM) vendor Singularity with Gold Membership of its Trax Partnership Programme (TPP), the trade matching and regulatory reporting service announced today. This is in recognition of Singularity's commitment to Xtrakter and its client community.
The TRAX Partnership Programme (TPP) aims to categorise solution providers for the benefits of customers of the TRAX post-trade matching service.  TRAX has over 200 subscribers and processes more than 1.5m transactions per day..

"We're delighted to be working with Xtrakter," said Gill Bacon, Capital Markets Relationship Manager at Singularity. "The partnership has huge potential for our customers, and we look forward to working with Xtrakter to produce a range of compelling STP solutions, leveraging unified messaging and post-trade matching capabilities."

“We are very pleased to award Gold Partner status to Singularity” said Kevin Milne, Chief Executive at Xtrakter.  “The program allows us to highlight those partners who provide the highest levels of service and quality to the TRAX user community”.

The Trax Partnership Program ranks firms on the basis of service, client feedback, system knowledge and quality. Gold partner level applies to connectivity providers who are experienced in delivering the TRAX solution, who have achieved a high level of customer satisfaction and who deliver the full range of TRAX services.  Other firms who have become members of the TRAX Partnership Programme (TPP) at various levels include ThomsonReuters, SunGard, Ikasan, Exis Consulting & Trace Financial.

About Xtrakter:

Xtrakter is a leading provider of market data, operational risk management, trade matching and regulatory reporting services to the global capital market. It has an established track record in providing innovative, secure and reliable systems for the financial services sector. Xtrakter was established in 1985 and was one of the first providers of secure trade matching and regulatory reporting systems for the over the counter (OTC) market. Xtrakter has pioneered the development of the first repurchase (repo) automated trade matching system. For more information about the Trax Partnership Programme (TPP) please visit: www.xtrakter.com/tpp.aspx 

About Singularity:

Singularity increases the performance and agility of business processes by rapid implementation of its industry-leading Business Process Management (BPM) products.

Singularity’s mission is to populate the world with agile organizations. As the leading Business Process Agility specialist we today serve clients in over 30 countries from our offices in London, New York, Singapore, Ireland and India and through our network of partners globally. Acclaimed by leading industry experts, as the best in our field, we provide a unique combination of thought leadership and practical help that creates a new generation of successful organizations.

For further press information please contact Kathryn McDevitt at Singularity.
Email: marketing@singularity.co.uk, or telephone: + 44 28 71 267767. For more information, please visit http://www.singularitylive.com or http://www.singularity.co.uk

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