Singularity Trade Manager launch

23 May 2005

Singularity, the profit-thru-process company, today unveiled its brand new Singularity Trade Manager product, which adds real-time management information dashboards, end-to-end trade status tracking and integrated exception and escalation management capabilities to any existing STP system.

Amongst the many challenges faced by securities firms, three stand out – improving the cost/income ratio, extending automation to more asset and transaction types, and preparing for out- or in-sourcing of securities operations processes. Uniquely, Singularity Trade Manager harnesses the power of its award-winning BPM technology, the Singularity Process Platform ™, to address all three challenges.

By modeling the cost, effort, latency and performance metrics which apply to each stage of every process, the Trade Manager exposes all of the costs, risks and effort bottlenecks in a process, informing and enabling efforts to improve them and thereby the cost/income ratio. By enabling processes to be designed and deployed from one integrated design environment, STP solutions covering new networks, services and trades can be established with unprecedented speed and effectiveness, providing everything needed to automate fixed income, derivative, cash and FX in a single services-oriented architecture. By encapsulating all the rules and resources which make up a process in a network of easily reconfigured process maps, outsourcing can be evaluated and achieved methodically and cost-effectively, process by process.

Padraig Canavan, Founder and Managing Director of Singularity, said “Process technology has a track record of delivering tangible and significant improvements in business performance, in many industries. Singularity Trade Manager packages a number of those improvements, specifically designed for securities operations, and makes them available very quickly to our clients. At last year's FS Metrics STP awards, our clients won a clean sweep – with Singularity Trade Manager, we expect them to achieve even higher levels of STP value, efficiency and effectiveness, and we are proud to unveil it at ISIPS, the biggest wholesale and retail securities technology event in Europe”.

About Singularity
Singularity is a global leader in Business Process Management (BPM), Case Management and Workflow Software, with 240 staff and offices in Derry, Belfast, New York, London, Singapore and Hyderabad. Singularity's award-winning product helps organizations automate complex business processes, linking human and system activities seamlessly together to achieve business goals. Singularity also provides a range of market-specific BPM solutions to customers in the Telecommunications, Capital Markets and Government sectors. For more information, please visit http://www.singularity.us.com or http://www.singularity.co.uk

For further press information please contact Emma McGinley at Singularity Email: emma.mcginley@singularity.co.uk, or telephone: 0044 28 7126 7767

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