CameronFIX Selected for Standard Chartered Bank FIX Strategy

Imported from previous forum

[ original email was from Annie Walsh - aw@cameronsystems.com ]
CAMERONFIX SELECTED FOR STANDARD CHARTERED BANK FIX STRATEGY

LONDON, UK, February 23, 2004 — Cameron Systems today announced that Standard Chartered Bank has selected the FIX protocol engine, CameronFIX, for the Bank’s global FIX connectivity strategy.

After evaluation of a number of vendor FIX engines, Standard Chartered settled on Cameron Systems for its mature and robust FIX engine that was well supported by the vendor.

"We are very pleased with CameronFIX, ease of deployment and the excellent pre and post sales support were notable. We are already working with Cameron Systems for deployment of CameronFIX into other countries for the Banks future projects. This level of quality is consistent with our strategy of leading the way," said Peter Cooper, Senior Manager - Business Technology Strategy, Standard Chartered Bank.

Standard Chartered operates in 56 countries throughout Asia Pacific, South Asia, the Middle East, Africa, the United Kingdom and the Americas.

Cameron Systems’ Hong Kong-based support partner and specialist in equities trading solutions for the financial industry, Infocast Limited [www.infocastFN.com], installed Standard Chartered’s trading system with CameronFIX embedded, which went live in Q4 2003.

CameronFIX was also selected by Standard Chartered to provide FIX connectivity for the Bank’s Integrated Wealth Platform [IWP], a Singapore-based hub enabling International Banking and including multi-market FIX trading via major global broker Morgan Stanley, initially for one country. FIX connectivity testing with Morgan Stanley is planned for 1H 2004.

"Standard Chartered is a significant new customer for Cameron Systems as it further demonstrates our strength in providing technical support for companies in the Asia Pacific region," said Glenn Cruickshank, Sales Director Cameron Systems. "We look forward to working further with Standard Chartered to roll out its global FIX strategy."

CameronFIX is a highly scalable FIX engine suitable for large and medium size fund managers, brokers and exchanges, as well as smaller companies who use the FIX protocol.

CameronFIX is a global member of the FIX Protocol Organisation [www.fixprotocol.org].

Cameron Systems is next exhibiting: Japan: at the 5th Annual International Banking & Securities Systems Forum, Tokyo Stock Exchange March 18 – 19, Europe: Trade Tech Paris April 27 – 29, and U.S: SIA Technology Management Exhibit June 8 – 10, New York.

About Cameron Systems www.cameronsystems.com

Cameron System’s flagship product is the CameronFIX engine; an implementation of the FIX protocol. Its client base is global and in over 15 countries in North America, Europe and Asia Pacific. Major global clients that have deployed CameronFIX include Barclays Capital, Fidelity Management and Research, Knight Securities, CIBC World Markets, Nomura Securities, UBS, Dresdner Kleinwort Wasserstein and Credit Suisse First Boston. Cameron Systems has offices in New York, London and Australia.

About Standard Chartered – Leading the way in Asia, Africa and the Middle East

Standard Chartered employs 30,000 people in over 500 locations in 56 countries in the Asia Pacific Region, South Asia, the Middle East, Africa, the United Kingdom and the Americas. It is one of the world’s most international banks, with a management team comprising 70 nationalities. Standard Chartered is listed on both the London Stock Exchange and the Stock Exchange of Hong Kong and is in the top 25 FTSE-100 companies, by market capitalisation.

It serves both Consumer and Wholesale Banking customers. Consumer Banking provides credit cards, personal loans, mortgages, deposit taking and wealth management services to individuals and small to medium sized enterprises. Wholesale Banking provides corporate and institutional clients with services in trade finance, cash management, lending, custody, foreign exchange, debt capital markets and corporate finance.

Standard Chartered is well established in growth markets and aims to be the right partner for its customers. The Bank combines deep local knowledge with global capability.

The Bank is trusted across its network for its standard of governance and its commitment to making a difference in the communities in which it operates.

Contact:
Annie Walsh
Corporate Communications Manager
Cameron Systems
Tel. +61 412 867 068
aw@cameronsystems.com