Financial Insights Enhances and Expands Risk Offerings, Grows Practice Areas and Regional Focus

FRAMINGHAM, MA – June 20, 2005 – Global independent research and advisory firm, Financial Insights, an IDC company, today announced the expansion of its financial services risk management research offerings with additional regional coverage to compliment its leading global practice. Financial Insights will now offer Asia Pacific Risk Management and European Risk Management research services in addition to its long standing Global Risk Management service. Financial Insights, already recognized as the number one provider of Risk Management research services within the financial services technology industry, is looking to expand its leadership across the globe. "Our outstanding performance over the past three years has allowed us to substantially increase our research offerings. In just three years we have established the widest breadth and depth of coverage in our industry. No other firm comes close to the level of offerings we have.

With the addition of these two services we will now have 16 separate services and we plan to launch four more before the end of this year", stated Michon Schenck, Chief Operating Officer, Financial Insights.

"The fundamental role of our industry is risk management. Those who manage it well will thrive, those who don't won't survive," says Deborah Williams, Group Vice President, Risk Management and Capital Markets at Financial Insights. "For this reason we have always believed that risk management merits in-depth coverage as a separate service. The team here has been providing thought leadership in this area for over a decade, I am thrilled to be in the position to now offer our clients around the world more regional specific coverage on such an important topic."

The expanded offerings include research coverage for:

— European specific credit, market and operational risk issues, case studies and strategies.

— Asia Pacific specific credit, market and operational risk issues, case studies and strategies.

— Credit risk management solutions to support developing industry needs around economic and regulatory capital allocation, risk adjusted performance management and active portfolio management.

— Detailed five year spending forecasts by region and segment and risk solution type.

To learn more about our analysis meet with the Financial Insights' research team at the SIA Technology Management Conference in New York City, June 21-23, booth #2604. To schedule an interview in advance contact Deborah Stark, 508-935-4318 or dstark@financial-insights.com. For more information on our services contact: sales@financial-insights.com.

About Financial Insights, an IDC Company

Financial Insights provides independent research, custom consulting, and detailed multiclient studies on the technology issues and challenges facing the financial services industry. Our global research covers topics of strategic importance to corporate and retail banks, insurance carriers, asset management firms, securities and brokerage firms. Our local practices in Asia Pacific, Latin America and Europe, and Canada add an in-depth regional viewpoint. Financial Insights, an IDC company, is headquartered in Framingham, Massachusetts, USA. IDC is a subsidiary of IDG, the world's leading IT media, research, and exposition company.

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