Williams de Broe selects Trace Financial's Cloverleaf®finance

Feb 10th, 2004

Trace Financial Limited is very pleased to announce that its market leading product, Cloverleaf®finance, has been selected as a strategic messaging layer by Williams de Broe, UK.

Bob Nobes, Head of IT, Williams de Broe further adds "flexibility, reliability, scalability and time to market of new services were key decision making criteria. Several of my team have been fully trained on the product, which will provide a high level of control for Williams de Broe in the future. It is fair to say that a Return on Investment will be realised in a short period of time".

Cloverleaf®finance is very highly regarded and recognised as 'Best of Breed' by our top tier clients, some of whom are processing in excess of two million mission-critical messages daily. Cloverleaf®finance delivers rapid time to market for new interfaces, exceptional resilience and scalability as well as very low cost of operation and ownership.

Cloverleaf®finance allows disparate systems to share information delivering seamless, non-invasive integration of internal systems both with each other and external services. Cloverleaf®finance incorporates powerful GUI-based, object-oriented development, implementation and monitoring tools, which provides the most technically advanced integration tool-kit available today.

John Murphy, MD ofTrace Financial says "This new endorsement by Williams de Broe validates the product as a true facilitator of STP for the financial services industry and further endorses our implementation approach for the ISO15022 Data Field Dictionary".

"Trace Financial has successfully implemented Cloverleaf®finance in over 50 large financial institutions globally and we welcome Williams de Broe to our family of clients. Cloverleaf®finance has been chosen by 3 new clients in the last 3 months and we are also in discussion with a number of other institutions who are looking to make their purchase decisions shortly" said Nick Tonge, Sales Director for Trace Financial.

Cloverleaf® is a United States registered trademark of Quovadx, Inc.

Editors Notes:
About Williams de Broe
Williams de Broe is a well known, long established stock broking firm. They are a subsidiary of ING.

About Trace Financial Ltd
Trace Financial Limited, a wholly owned subsidiary of Trace Group plc, is a specialist in the provision of application integration software, corporate actions processing and real time trading solutions for the financial markets. The company has implemented Cloverleaf®finance globally as a solution for investment banks, commercial banks, retail banks, broker dealers, asset managers and pension funds. Trace Group plc, established in 1974 and listed on the FTSE, is one of the UK's leading providers of IT solutions for business. The company's solutions combine internally developed industry software packages and a range of complementary services for the financial, insurance, reinsurance and property markets.

property software, payroll services, financial message translation software,
wholesale insurance and reinsurance broking Software, specialist recruitment,
About Trace Group plc, site map