Collateral Management Outsourcing Options Available Via IntegriDATA CAARS (SaaS and BPO)

NEW YORK, July 20, 2010 - IntegriDATA, a leading New York City-based consulting group, announced
the launch of a SaaS (Software as a Service) version of its CAARS Collateral
Management System, including an option for full business process outsourcing
(BPO). CAARS is a comprehensive web-based third-party solution that addresses
the challenges associated with daily collateral management and reconciliation
for OTC derivatives. The system features a real-time, automated, exception
based end-to-end workflow - from broker data capture to action execution. The
new outsourcing options are targeted to meet the demands of a wide range of
firms looking to increase their risk controls without having to add extra
staff and fixed costs.

Improving Collateral Management processes is a critical industry
priority, but there is no universal solution. "This is clearly the newest
frontier for those managing the Operational infrastructures of investment
managers. It's the ultimate data management challenge given the sheer breadth
and volume of data, coupled with the strict intra-day daily deadlines,"
comments IntegriDATA's CEO, Mitchel J. Schulman. ISDA shed further light on
the comprehensive requirements in its 6/30/10 publication entitled "Best
Practices for the OTC Derivatives Collateral Process". However, meeting
ISDA's best practices for many firms means utilizing full-time IT and
Operations knowledge workers that are already stretched and/or adding
incremental staff.

IntegriDATA brings together best in class technology with senior staff
that individually possess over 20 years of hands-on experience managing
Operations, Accounting and Technology functions within leading global asset
management firms. "We are staffing our outsourcing service with real industry
experts and offering it at an affordable price. The new SaaS and BPO options
of CAARS allow our clients to have their process handled at the highest
standard of quality, in a highly cost effective manner. The monthly service
fees also could adjust should a firm's derivative book contract in size,"
states Mr. Schulman.

IntegriDATA Business &Technology Solutions, LLC is a leading full-service
consulting group dedicated to helping investment managers - hedge funds,
private equity, institutional - improve operational efficiencies, controls
and capabilities through the use of technology. Offering a full spectrum of
business advisory, system implementation and proprietary development
services, IntegriDATA's charter is to provide investment managers with
tactical and strategic solutions to enhance their operational
infrastructures. For further information on CAARS Collateral Management
System or other IntegriDATA products and services, please call
+1-212-302-6200 or visit www.integri-data.com.

Yelena Balashchenko, IntegriDATA, +1-212-302-6200, ybalashchenko at integri-data.com