Bloomberg & Information Mosaic Partner on Corporate Actions

By Information Mosaic, PRNE
Monday, December 6, 2010

Bloomberg Supplies World's Most Accurate and Timely Data

NEW YORK and LONDON, December 7, 2010 - Bloomberg Data Solutions and Information Mosaic
(bit.ly/bzHT2h) executives today announced a strategic partnership to
provide a new service that will streamline corporate actions processing and
reduce operational risks and costs.

For the first time, financial institutions will be able to use
the same Bloomberg corporate actions data for investment decisions in the
front-office, as well as in the middle- and back-office. Under the
partnership, Bloomberg's Corporate Actions Data License will be fully
integrated with Information Mosaic's enterprise solution IMActions, giving
financial institutions an automated and streamlined system for
straight-through-processing (STP) of corporate actions. The new solution
includes Bloomberg data feeds and is the first that will integrate the new
ISO 15022 messaging format, removing the need for bespoke integration work.
By automatically feeding Bloomberg data into Information Mosaic's down-stream
processing solution IMActions, the joint-service reduces operational risks
and inefficiencies in post-trade processing.

"Corporate action processing is becoming increasingly complex,
but this solution will reduce errors and enable a more accurate and
simplified post-trade processing," said Andrea Danese, Bloomberg's Global
Head of Data Solutions. "Bloomberg has the highest quality and most timely
data and is available in 126 countries, providing access to more
international markets than anyone else. Bloomberg's data combined with
Information Mosaic's software creates the best possible solution available in
the industry today."

John Byrne, CEO at Information Mosaic, said, "Lower fees,
heightened risk sensitivity and re-invigorated regulatory scrutiny have meant
buy and sell-side firms want to dramatically improve operational efficiency
and mitigate risk, with corporate actions processing as a key priority. We
are committed to partnering with the leading providers of corporate actions
data."

About Bloomberg

Bloomberg is the world's most trusted source of information for financial
professionals and businesses. Bloomberg combines innovative technology with
unmatched analytics, data, news, and display and distribution capabilities,
to deliver critical information via the Bloomberg Professional(R) service and
multimedia platforms. Bloomberg's media properties span television, radio,
digital and print, making up one of the world's largest news organizations
with more than 2,300 news and multimedia professionals at 146 bureaus in 72
countries. For more information go to www.bloomberg.com

For more information about Bloomberg's Data Solutions, contact Ken
Napolitano
, Global Head of Sales, at knapolitano@bloomberg.net or
+1-212-617-3464, or go to www.bloomberg.com/about or call Bloomberg's
24/7 customer service at +1-212-318-2000.

About Information Mosaic

Information Mosaic is a trusted global provider of advanced post-trade
automation solutions to the securities and investment services industry,
including custody, asset servicing, private wealth management, asset
management and investment banking. The company is a recognized market leader
for corporate actions automation, winning multiple awards for best corporate
actions solution and achieving record scores in independent benchmark tests.

Founded in 1997, Information Mosaic currently supports the post-trade
operations of over 60 financial institutions worldwide. The company has a
proven track record of helping financial institutions transform post-trade
operations, enabling them to enter new markets, improve customer service and
reduce the risk and cost associated with volume and complex processing.
Information Mosaic's breakless post-trade automation platform removes
reconciliation points and therefore reduces risk and cost for all core
post-trade services including corporate actions, securities settlement,
trade, portfolio and cash management.

The company supports its global customer base from offices in Dublin,
London, Luxembourg, New Delhi, Singapore, Melbourne and New York.

For more information visit: www.informationmosaic.com Follow us on
Twitter: @infomosaic

    Media Contacts:

    Pam Snook
    +1-212-617-7652
    pamsnook@bloomberg.net

    Loretta Mock
    +1-646-395-6300
    Bloomberg@cognitomedia.com

    Rod de St. Croix (UK/Europe)
    +44-(0)20-7438-1100
    Rod.destcroix@cognitomedia.com

    Anne Karumo (APAC)
    +65-631-194-97
    anne.karumo@cognitomedia.com

    Nicola Garvin
    +44-(0)20-3100-3586
    informationmosaic@metia.com

Media Contacts: Pam Snook, +1-212-617-7652, pamsnook at bloomberg.net. Loretta Mock, +1-646-395-6300, Bloomberg at cognitomedia.com. Rod de St. Croix (UK/Europe), +44-(0)20-7438-1100, Rod.destcroix at cognitomedia.com. Anne Karumo (APAC), +65-631-194-97,anne.karumo at cognitomedia.com. Nicola Garvin, +44-(0)20-3100-3586, informationmosaic at metia.com

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