Hargreaves Lansdown Live With Trace Financial's CREST Bridge

One of the UK's Leading Private Client Asset Managers Goes Live With a new Interface to CREST, Supplied by Financial Messaging Experts Trace Financial

LONDON, July 26, 2010 - Trace Financial today announced that Hargreaves Lansdown, a leading
independent UK financial service provider and asset management specialist,
has gone live with the CREST Bridge, a new and highly configurable CREST
interfacing solution supplied by Trace.

The CREST Bridge provides Hargreaves Lansdown with a resilient STP
interface supporting a daily volume of several thousand trades with very
little technical intervention. The solution also provides a browser-based GUI
offering business users customised views of CREST business transactions and
their settlement status, with drilldown to underlying messages, and the
ability to export a range of data views as reports.

At a strategic level, a key objective is to provide Hargreaves Lansdown
with the means of successively adapting to the requirements of the
forthcoming Euroclear Single Platform project.

At each phase of this complex project some transactions and reports will
migrate to the Single Platform, while others will remain on legacy CREST.

Because it is built using configurable components such as message
definition libraries and routing rules, Trace Financial's CREST Bridge
solution can be progressively re-configured to suit each stage of the
project, without requiring extensive re-coding.

Neil Sutton, Head of Back Office operations at Hargreaves Lansdown,
stated: "We have been very happy with the way Trace has configured the CREST
Bridge solution to meet our particular needs, and the support provided by the
company's very experienced and knowledgeable staff".

John Murphy, Managing Director of Trace Financial, said: "This project is
a perfect example of the way in which our products, messaging consultancy and
line-of-business skills combine with a customer partnership approach to
deliver an ideal solution, meeting both current and future needs. We look
forward to continuing our excellent relationship with Hargreaves Lansdown as
we support this mission critical solution".

About Hargreaves Lansdown

Hargreaves Lansdown is one of the leading providers of investment
management products and services to private investors in the UK. As at 31st
December 2009, Hargreaves Lansdown managed GBP 15.6 billion of assets under
administration on behalf of private investors.

The group also provides independent financial advisory, stockbroking and
annuity broking services to private investors and advice to companies on
group pension schemes.

About Trace Financial

Trace Financial is an independent, privately-owned software house
specialising in post-trade financial messaging, market datafeed technologies
and corporate action processing. Clients include banks, brokers, clearers,
custodians and asset managers.

Trace Financial is the only company in the world to be
SWIFTReady-accredited in both Message Data Services and Financial EAI. The
company has a strong focus on complex message data transformation in
mission-critical environments.

Leading products include Transformer for advanced message transformation,
Cloverleaf(R)finance for highly resilient connectivity and routing, and CAMS
for Corporate Action processing.

Trace Financial designs, implements and supports innovative and practical
solutions that deliver real business benefits. All solutions are backed up by
unparalleled service and support capabilities and outstanding partnerships
with customers.

www.tracefinancial.com

    Contacts
    John Murphy
    Managing Director, Trace Financial Limited
    Direct: +44-(0)20-7825-1242
    Email: john.murphy@tracegroup.com

    Nick Tonge
    Sales & Marketing Director, Trace Financial Limited
    Direct: +44-(0)20-7825-1163
    Email: nick.tonge@tracegroup.com

Contacts: John Murphy, Managing Director, Trace Financial Limited, Direct: +44-(0)20-7825-1242
Email: john.murphy at tracegroup.com; Nick Tonge, Sales & Marketing Director, Trace Financial Limited, Direct: +44-(0)20-7825-1163, Email: nick.tonge at tracegroup.com