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Wall Street Systems Announces Partnership With Aleri to Enhance its FX Trading Solution with CEP Technology at the Gartner Event Processing Summit

GARTNER Event Processing Summit, Stamford, CT., September 15, 2008 - Wall Street Systems (Wallstreet), the global provider of treasury, trading and settlement solutions and services, and Aleri Inc., a leading provider of enterprise-class complex event processing (CEP) technology, today announced that Wallstreet has enhanced its FX trading solution with Aleri CEP technology to provide real-time FX position management for its highest volume clients. The explosive growth in FX volumes has moved the latency problem from execution to trade processing systems, and the introduction of CEP technology has proved to be the fastest and most cost effective way of dealing with this issue.

"We were impressed with the ease of integration and performance of Aleri's CEP technology, delivering sustained processing of 3,150 deals per second in a volatile market. We were able to integrate and leverage the Aleri platform in a non-intrusive way, with no re-engineering and minimal development -a testament to the adaptability of their technology," said Tony White, managing director, product and R&D at Wall Street Systems. "The platform opens up new processing paradigms, specifically in relation to the prioritization of trades that matter, as well as real-time aggregation, averaging and algorithmic netting."

Wall Street Systems is the market leader in foreign exchange trade processing and is widely recognised for its global back-office solutions. Wallstreet FX allows financial institutions to more efficiently manage their trade lifecycle. Integrating Aleri CEP technology within Wallstreet FX provides a low-latency solution that can process fast moving data streams in real-time with the ability to analyze unrelated data and events, detect patterns and relationships, and trade in milliseconds.

"We are excited to continue extending our relationship with Wallstreet by integrating our CEP technology with Wallstreet FX," said Don DeLoach, CEO of Aleri. "In today's rapidly-moving and fragmented FX market, banks need a fast and easy way to access multiple liquidity venues in order to establish the right price and depth. By integrating our CEP platform with Wallstreet FX, banks will gain a holistic view of the market which will enable them to deploy FX trading strategies across fragmented liquidity pools and quickly capitalize on real-time market opportunities."

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About Wall Street Systems

Wall Street Systems (Wallstreet) provides functionally rich, integrated and scalable solutions for improved workflow, control and overall productivity for corporate treasury, bank treasury, central banking, FX trading and global back office operations.  Wallstreet is the market leader in FX trade processing and through its award-winning products, including Wallstreet Suite, Wallstreet Treasury, Wallstreet FX and Wallstreet BackOffice, the company processes millions of transactions, aggregating to trillions of dollars, every day.

With a 20 year heritage, Wallstreet has an outstanding reputation for quality and responsive service, and prides itself on helping its clients achieve long lasting benefits and results.  Its 500 employees service over 300 banking, corporate and central bank clients, operating out of 12 offices worldwide.  The company is a privately held corporation, and is majority owned by Warburg Pincus, a global private equity investor. 
For more information, please visit www.wallstreetsystems.com.

About Aleri

Aleri is a leading provider of enterprise-class complex event processing (CEP) technology for financial institutions and beyond. Aleri's CEP Platform was designed from the ground up to provide the most robust architecture available for the rapid implementation of mission critical applications within the most demanding environments. Built for high throughput with minimal latency, Aleri's event processing technology allows customers to analyze and respond instantly to high-volume, high-speed data to minimize risk and increase competitive advantage.

Aleri is the first to develop and deploy commercial enterprise-class applications built on event processing technology, the Aleri Liquidity Management System, which is used by some of the largest global bank treasuries in the world, and the Aleri Market Liquidity Analysis engine, which consolidates and analyzes multiple order book feeds from individual exchanges to provide a powerful tool for trading in fragmented markets.

Aleri is a global company headquartered in Chicago with offices in New York, New Jersey, London, and Paris. For more information, visit www.aleri.com.

About the Gartner Event Processing Summit

The Gartner Event Processing Summit examines the growing use of event stream and complex event processing to help companies make faster and better decisions in capital markets applications such as trading and a fast-growing number of other time-sensitive applications. For more information, please go to www.gartner.com.

Aleri Contact:      

Kelly Shumaker                   
Corporate Communications Manager      
Tel: +1 312-540-7347        
Email: kelly.shumaker@aleri.com

Wallstreet Contacts:
Jill Pearcy 
Global PR and AR Manager
Tel: +44 (0) 20 3170 3168 
Mobile/Cell: +44 (0) 7798 716 762
Email: jill.pearcy@wallstreetsystems.com
      
Natalie Shamshoum
Metia
Email:natalie.shamshoum@metia.com
Tel: +44 20-3100-3655