Financial Insights Releases Annual Top 10 Strategic Initiatives for Risk Management; Institutions will be looking well beyond regulatory compliance in 2006

FRAMINGHAM, MA – JANUARY 24, 2006 – Leading independent research and advisory firm, Financial Insights, today announced the release of another Top 10 report which identifies initiatives that will have key strategic importance for risk management in 2006. The report describes these initiatives, examines why they will have an impact in 2006 spending and explains why they should be on the minds of business and technology leaders at financial institutions. The first three of the 2006 Top 10 for risk management are shown in the attached graphic, "Top 3 Risk Management Issues for 2006."

"For the past few years, institutions have been focused on meeting the risk measurement requirements developed by various regulatory agencies. In the months ahead, there will be an increased focus on how many of those systems and metrics can be used to improve internal profitability analysis," said Andrew Liegel, senior research analyst at Financial Insights.

Financial Insights' Top 10 strategic initiatives blend a mix of actionable, present-day value propositions that have either mandatory or high payoff potential with initiatives having future payoff potential for mainstream institutions.

Financial Insights hosts webcasts throughout the year for clients to provide essential guidance as they plan their strategic IT investment initiatives. On January 26, 2006, Mr. Liegel will host the Top 10 broadcast for risk management. For more information on obtaining these reports or attending the webcast, please visit our website or contact:

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, Europe, Latin America 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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