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News Release - 5 January 2009

Leading German Bank Implements Extended Confirmation Control with PROactive™

A major German bank has gone live with the first phase of a global rollout of the PROactive™ Suite that now includes self-service internet and faxed derivative corporate confirmations in a single solution.

PROactive™ now includes coverage for all OTC derivative confirmations and with its inclusive web-based portal, will allow all customers and branches to access a single, central confirmation solution for the first time. The PROactive™ FaxMatch module, will be deployed in a later phase to ensure that faxed corporate confirmations are subjected to similar checks and controls as electronic messages.