DTCC Enterprise Billing Platform Goes Live - MetraTech Corp.

By Metratech Corp., PRNE
Monday, December 13, 2010

Enterprise Billing Solution Expert Announces DTCC Launch of MetraNet Across its Global Product Portfolio

LONDON, December 14, 2010 - Billing platform specialist MetraTech Corp. (
www.metratech.com) has announced that The Depository Trust & Clearing
Corporation (DTCC) has gone live with MetraTech's MetraNet product. MetraNet
will aid the company in providing enterprise billing and billing-related
customer care services across its global product portfolio.

DTCC, which through its subsidiaries settled nearly USD1.48 quadrillion
in securities transactions in 2009, provides a range of clearance, settlement
and information services in the equities, fixed-income, over-the-counter
derivatives, wealth-management and insurance markets in the U.S. and

Billing solution (www.metratech.com/Billing-Solutions.aspx)
MetraNet will provide a number of critical advantages to DTCC. Its highly
flexible architecture enables users to quickly react and adapt to industry
change (regardless of vertical), giving DTCC a billing platform from which it
can expand and adjust its service offerings. This ability to innovate and
grow is key in the fast-paced financial services industry of today.

Furthermore, with regulatory requirements increasing and the need for
control and transparency paramount, MetraNet supports full auditability
across all product ranges. Fundamentally, this means that the billing
platform (www.metratech.com/) ensures timely and concise information
is available to every party in the transaction chain–customers, regulators
and DTCC itself. DTCC customers in particular benefit from comprehensive
online fee analysis as well as being able to configure and manage their
account data according to their own preferences and export it to a
spreadsheet for further analysis.

"Going live with MetraTech's billing and customer care product is a
significant step for our organisation," said Anthony Savarese, managing
director, Finance, for DTCC. "We recognize that an enterprise billing
solution will be a key asset as we expand our product line, client base and
geographic reach, and will allow us to manage our business in an efficient
and cost-effective way. MetraNet will help us achieve those goals."

According to Steven Murphy, research director, wholesale banking at
independent consultancy Tower Group, DTCC is leading a growing and important
trend in the industry. Said Murphy, "Tower Group has recently identified that
many major corporate banking institutions are starting implementations of
enterprise billing. This is because it is increasingly recognised that an
enterprise billing system can both enhance revenues and plug revenue leakage
through end-to-end transaction monitoring."

Scott Swartz, chief executive officer of enterprise billing expert
MetraTech (www.metratech.com/) Corp., concluded: "We are delighted
that MetraNet is supporting one of the world's leading financial services
infrastructure providers. Through its unrivalled ability to meet the demands
of enterprise billing (
www.metratech.com/Billing-Solutions/Enterprise-Billing.aspx) across
multiple industries and regardless of their complexities, MetraNet continues
to prove itself to be an asset to those companies on the cutting edge of
their markets."

For more information on the billing solutions offered by MetraTech, visit

About MetraTech

MetraTech Corp. offers a new approach to charging, billing, settlement
and customer care enabling organizations to embrace change without
compromise. MetraNet, its flagship product, is unique in its ability to
automate business processes and business models that address rapidly
changing, complex or radical business strategies across any industry for an
unlimited number of services. MetraNet is deployed globally, enabling diverse
customers to build innovative and successful business models, securely
collect revenue, and manage their entire customer lifecycle in some 12
languages, 26 currencies and 90 countries. For more information on enterprise
billing solutions, please visit www.metratech.com.

Media Contact: Keith Brody, MetraTech Corp., Head of Communications,
+44(0)7790-245779, kbrody[at]metratech.com

Media Contact: Keith Brody, MetraTech Corp., Head of Communications, +44(0)7790-245779, kbrody[at]metratech.com

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