Information Mosaic Discusses Managing Operational Risk Through Corporate Actions Automation at SIFMA Operations 2010

By Information Mosaic, PRNE
Monday, April 26, 2010

Involvement in Development of New SWIFT ISO 20022 Messages Puts Information Mosaic Centre Stage to Discuss Best Practice Application of Standards for Corporate Actions Automation

NEW YORK, April 27, 2010 - Information Mosaic, the global provider of post-trade
automation solutions, will be sponsoring SIFMA Operations 2010 on the 4th -
7th May in Palm Desert, California. Key industry players will gather to
discuss critical operational challenges such as regulation and compliance,
managing risk, reducing costs, improving customer service and providing a
platform for business growth and scale.

"Research firms have estimated that 12% to 15% of operating income is at
risk due to inefficient corporate actions processing," says Gerard
Bermingham
, Vice President of Business Strategy for the Americas. "Add to
this a pressing need to reduce operational risk by cutting out the need for
manual interventions, plus due diligence requirements to improve transparency
and reporting to both regulators and customers and you have a pretty
compelling case for automating corporate actions processing. We look forward
to talking to the delegates at SIFMA Operations this year about the best
practice approaches to this challenge."

As one of the only vendors involved in the development of the
new SWIFT ISO 20022 standard, Information Mosaic has long seen the value of
standards such as XBRL and ISO 20022 for facilitating the automation of
corporate actions communications, improving quality, accuracy and timeliness
of data, and mitigating risk. With an expected cross-over period of support
for ISO 15002 and ISO 20022, Information Mosaic is committed to providing
clients with the flexibility to maintain multiple standards as necessary.

Information Mosaic will be sponsoring the Exhibit Hall
Reception at SIFMA Operations 2010 on Wednesday May 5 from 4 - 6.30pm, and
will showcase its award-winning corporate actions automation solution and
distribute its latest white papers "Issues in Corporate Actions
Administration: Supporting the Growth in Securities Lending" and "Proxy
Voting: Ensuring Complete Transparency through Automated Communication and
E-Voting".

Gerard Bermingham, Vice President of Business Strategy for the
Americas, and Ivar Eilertsen, Director of Americas, will be available for
interviews on-site at SIFMA Operations 2010. For further details or to
schedule an interview please contact Nicola Garvin on the details below.

About Information Mosaic

Information Mosaic is a trusted global provider of advanced post-trade
automation solutions to the securities industry, to include custody, asset
servicing, private wealth, asset management and investment banking. The
company is a recognized market leader for corporate actions automation,
winning the 2009 European Banking Technology Readers' Choice Award for best
corporate actions solution and achieving record scores in B.I.S.S. 2009
corporate actions 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.informationmosiac.com

    For further information:

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

For further information: Nicola Garvin, +44(0)20-3100-3586, Nicola.Garvin at metia.com

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