PRESS RELEASE

LatentZero Hosts European User Group

London, 31 August 2005

LatentZero, the leading provider of buy-side front office technology for the global asset management industry, has held its European user group for customers of its compliance management system, Capstone Sentinel.

The event was attended by forty users, representing some of the biggest global asset management firms. It was designed to enable Sentinel users to find out about new and future product development, discuss issues, compare notes and exchange experiences, and meet colleagues from different companies.

Alan Buddles, Head of Restrictions and Disclosures Unit at Gartmore Investments, and Chairman of the user group said: “The Sentinel User Group provides a real opportunity for members to share their ideas and experiences of Sentinel with each other and suggest potential developments to the application. It gives us the chance to influence its strategic direction, which means that the software will continue to respond to our needs. Attendees found it a very positive experience, and we’re very much looking forward to meeting again at the next forum to discuss progress.”

Paul Charie, Director of Client Management at LatentZero said: “The user group forum is an invaluable part of our service to our clients. We work closely with customers from the very beginning of the relationship to make sure that all our applications address their needs, and the forum is an extension of that. It enables us to gain a consolidated view of where our products should be going and what the relative priorities are for ongoing development. It also gives us a chance to survey users’ experiences and, just as importantly, continue to understand our clients’ changing needs.

“Following on from the success of the Sentinel User Groups in both the UK and North America, we are planning similar events for users of Minerva, our order management system, and Tesseract, LatentZero’s portfolio analysis and modeling solution. These will kick off with a trader roundtable for Minerva in September, with full User Groups planned for both products in the near future”

The Sentinel compliance management solution checks for client guidelines and regulatory rules in real-time, both pre and post-trade. It is capable of managing complex portfolios across all asset classes, and contains pre-configured rule libraries that cover every major regulator around the world. The solution provides vital information for portfolio and risk managers, helping them make the right decisions at the right time.

About LatentZero
LatentZero is a global technology firm that specializes in developing complete front-office solutions for the buy-side community. LatentZero’s suite of products, known collectively as Capstone, is used by six of the world’s top 10 asset management organizations. More than 3,500 portfolio mangers, traders and compliance officers worldwide rely on Capstone to manage assets in excess of $7.5 trillion.  For additional information, please visit www.latentzero.com

Press Contacts
LatentZero
Americas - Cindy Arcari
carcari@latentzero.com
+1 617.235.1000

UK and Europe - Melanie Smith
msmith@latentzero.com
+44 (0) 20 7462 4232

France and Spain - Rhéa Hokayem
rhokayem@latentzero.com
+44 (0) 20 7462 4200

SPARX Communications
Alastair Turner
alastair@sparxgroup.co.uk
+44 (0) 1753 893 000

 

© 2005 Fidessa LatentZero Ltd